BUSTLE NICHOLAS 4
4 · USCB FINANCIAL HOLDINGS, INC. · Filed Jan 26, 2026
Research Summary
AI-generated summary of this filing
USCB EVP Nicholas Bustle Sells 322 Shares for Tax Withholding
What Happened
Nicholas Bustle, EVP and Chief Lending Officer of USCB Financial Holdings (USCB), had 322 shares disposed on January 22, 2026 to satisfy an exercise price or tax liability (transaction code F). The shares were recorded at $20.70 each for a total value of $6,665. This was a tax-withholding/settlement-type disposition rather than an open-market sale or a purchase.
Key Details
- Transaction date: 2026-01-22; Price: $20.70 per share; Total value: $6,665.
- Transaction code F: payment of exercise price or tax liability (shares withheld/surrendered to cover taxes).
- Shares owned after transaction: Not specified in this Form 4.
- Filing date (Form 4): 2026-01-26 — appears to be filed within the standard two business-day window.
- Relevant footnotes in the filing:
- F1: Describes multiple restricted stock grants and their vesting commencement dates and amounts (portions vesting 1/3 per year from 2024–2026 on various grant dates).
- F2 & F3: Describe stock option vesting schedules (vesting at one-third per year starting 4/17/2020 and 9/27/2022, respectively).
Context
Code F transactions are typically routine tax-withholding actions that occur when restricted stock vests or options are exercised; they do not necessarily indicate a deliberate market sale. The dollar amount here is modest ($6.7k) and more administrative than indicative of the insider’s market view.
Insider Transaction Report
- Tax Payment
Class A Voting Common Stock
[F1]2026-01-22$20.70/sh−322$6,665→ 40,401 total
- 9,820(indirect: By daughters)
Class A Voting Common Stock
- 6,250(indirect: By Spouse)
Class A Voting Common Stock
- 30,000
Stock Option (Right to Buy)
[F2]Exercise: $11.35From: 2020-04-17Exp: 2029-04-17→ Common Stock (30,000 underlying) - 40,000
Stock Option (Right to Buy)
[F3]Exercise: $12.05From: 2022-09-27Exp: 2031-09-27→ Common Stock (40,000 underlying)
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.