DE LA AGUILERA LUIS 4

What Happened
Luis De la Aguilera, President, CEO and a director of USCB Financial Holdings (USCB), exercised 10,000 stock options at $7.50 per share (cost $75,000) and sold 10,000 shares in the open market the same day for a weighted price of $18.02, generating proceeds of approximately $180,200. The Form 4 also records a separate exercise/conversion of 10,000 derivative shares reported at $0.00 (no proceeds) on the same date.

Key Details

• Transaction date: 2026-01-29 (filed with the SEC 2026-01-30). Filing was made promptly the next day.
• Exercise (code M): 10,000 shares at $7.50 — total cash paid $75,000.
• Sale (code S): 10,000 shares sold at a weighted price of $18.02 — proceeds ~$180,200. Per footnote F2, sale prices ranged $18.00–$18.16; the filer can provide per-price details on request.
• Additional derivative entry: 10,000 shares reported as exercised/converted at $0.00 and disposed (no proceeds) — treated as a derivative conversion/settlement in the filing.
• Shares owned after the transactions: not specified in the provided excerpt.
• Relevant footnotes: F1 lists several outstanding restricted stock grants and vesting schedules; F3–F5 describe option vesting schedules.

Context
Because the options were exercised and shares were sold the same day, this is effectively a cashless exercise — the insider converted options into shares and sold those shares in the open market. Sales by executives can be routine (liquidity or tax-related); this report is descriptive, not explanatory of motive.