Dozier Beverly J 4

What Happened
Beverly J. Dozier, SVP, Secretary & Assistant Treasurer of First US Bancshares, Inc. (FUSB), exercised stock options on July 8, 2026. She exercised three option tranches totaling 8,100 shares (3,000 @ $14.11; 2,550 @ $11.71; 2,550 @ $10.01), paying aggregate exercise costs of $97,717. To satisfy exercise price/tax withholding requirements, 6,572 shares were surrendered/withheld at $16.95/share (value $111,395). The filings also show the related derivative/option interests cancelled (reported as $0 dispositions). Net effect: a gain of 1,528 shares to her ownership.

Key Details

• Transaction date: July 8, 2026; Form 4 filed July 9, 2026 (appears timely).
• Option exercises (code M): 3,000 shares @ $14.11 ($42,330); 2,550 @ $11.71 ($29,861); 2,550 @ $10.01 ($25,526).
• Tax/exercise withholding (code F): 2,671 shares @ $16.95 ($45,273); 2,034 @ $16.95 ($34,476); 1,867 @ $16.95 ($31,646); total withheld = 6,572 shares ($111,395).
• Net new shares retained by insider after withholding: 1,528 shares (8,100 exercised − 6,572 withheld).
• Footnotes: Options originated from grants on 2/22/2017, 2/12/2018, and 2/27/2019 and vested in equal installments over the first three anniversaries of each grant (per filing). F1 notes 401(k) record-keeper info as of 7/8/2026.
• Transaction codes: M = option exercise, F = payment of exercise price/tax liability (share withholding).

Context

• This was an option exercise with shares surrendered to cover taxes/exercise obligations (a cashless/share-withholding settlement), not an open-market sale for profit-taking.
• Such exercises are common when previously granted options vest; they do not necessarily indicate a buy/sell view on the stock by the insider.
• The filing shows the options were from older grants (2017–2019) that had vested; no 10% owner or 10b5-1 plan is indicated in the provided data.
• Shares owned after the transaction were not specified in the provided summary of the Form 4.