BUSTLE NICHOLAS 4

Accession 0001437749-26-001856

CIK 0001901637other

Filed

Jan 22, 7:00 PM ET

Accepted

Jan 23, 2:04 PM ET

Size

9.1 KB

Accession

0001437749-26-001856

AI-generated summary of this filing

Updated Jan 23, 2026

USCB EVP Nicholas Bustle Sells 687 Shares to Cover Taxes

What Happened

Nicholas Bustle, EVP and Chief Lending Officer of USCB Financial Holdings (USCB), disposed of 687 shares on January 21, 2026 at $20.38 per share, a total value of $14,001. The transaction is reported as code F — shares withheld/used to pay a tax liability (i.e., tax withholding on compensation-related equity).

Key Details

Transaction date and price: 2026-01-21, 687 shares at $20.38 each (total $14,001).
Transaction type: Code F — payment of tax liability via share withholding (not an open‑market sale).
Shares owned after transaction: Not specified in the provided filing excerpt.
Footnotes of note:
- F1: Details restricted stock grants and vesting schedules (examples: 4,631 shares from a 6,947-share grant began vesting 1/21/2026; other grants with portions vesting in 2024–2025).
- F2/F3: Describe option vesting schedules (one-third per year commencing 4/17/2020 and 9/27/2022).
Timeliness: Filing indicates late (marked 'L'); reported on 2026-01-23 for a 2026-01-21 transaction.

Context

This appears to be a routine tax-withholding (cashless) disposition tied to vested restricted stock rather than an expressed sale for investment reasons. Such transactions are common when companies withhold shares to cover required payroll/tax obligations and do not necessarily signal insider sentiment.

Form 4

Period: 2026-01-21

EVP and Chief Lending Officer

Transactions

Tax Payment
Class A Voting Common Stock
[F1]
2026-01-21$20.38/sh−687$14,001→ 40,772 total

Holdings

Class A Voting Common Stock
(indirect: By daughters)
9,820
Class A Voting Common Stock
(indirect: By Spouse)
6,250
Stock Option (Right to Buy)
[F2]
Exercise: $11.35From: 2020-04-17Exp: 2029-04-17→ Common Stock (30,000 underlying)
30,000
Stock Option (Right to Buy)
[F3]
Exercise: $12.05From: 2022-09-27Exp: 2031-09-27→ Common Stock (40,000 underlying)
40,000

Footnotes (3)

[F1]Includes 4,631 shares of restricted stock from a grant of 6,947 shares which commenced vesting at a rate of one-third per year on January 21, 2026, 1,087 shares of restricted stock from a grant of 3,261 shares which commenced vesting at a rate of one-third per year on January 22, 2025, 2,039 shares of restricted stock from a grant of 6,117 shares which commenced vesting at a rate of one-third per year on March 8, 2024 and 13,333 shares of restricted stock from a grant of 20,000 shares which commenced vesting at a rate of one-third per year on October 28, 2025.
[F2]The stock options vested at the rate of one-third per year commencing on April 17, 2020.
[F3]The stock options vest at the rate of one-third per year commencing on September 27, 2022.

Signature

/s/ Robert Anderson by P.O.A. for Nicholas Bustle|2026-01-23

1 file

USCB FINANCIAL HOLDINGS, INC.

CIK 0001901637

Entity typeother