WYCOFF W KIRK 4
4 · USCB FINANCIAL HOLDINGS, INC. · Filed Feb 6, 2026
Research Summary
AI-generated summary of this filing
USCB Financial Director W. Kirk Wycoff Exercises 7,500 Options
What Happened
- W. Kirk Wycoff, a director and reported 10% owner, exercised 7,500 stock options in USCB Financial Holdings on 2026-02-05 at a $7.50 strike price, paying $56,250 in total. The Form 4 also shows a concurrent derivative disposition of 7,500 shares at $0.00 (not an open-market sale). The transaction code reported for the exercise is M (option exercise/conversion).
Key Details
- Transaction date: 2026-02-05; Filing date: 2026-02-06 (timely filed).
- Exercise: 7,500 shares acquired at $7.50 each — total $56,250.
- Disposition: 7,500 shares reported disposed at $0.00 (derivative entry).
- Shares owned after transaction (per footnote): Manager LP holds 7,500 shares; Patriot Fund II holds 1,662,420 shares; Patriot Parallel Fund II holds 193,866 shares.
- Notable footnotes: this Form 4 is filed jointly by several Patriot entities and individuals; Wycoff received the options as a director and the options have standard post‑termination exercise limits. The filing includes disclaimers about beneficial ownership by the Funds and Manager LP.
Context
- This was an options exercise (acquisition) rather than an open-market purchase. The zero-dollar disposition line is not a market sale — such lines commonly reflect share withholding or internal transfers related to option exercises or tax/administrative treatment. As a reported 10% owner and director, Wycoff’s filing is part of a joint reporting group that includes Patriot funds and management entities.
Insider Transaction Report
Form 4
WYCOFF W KIRK
Director10% Owner
Transactions
- Exercise/Conversion
Class A Voting Common Stock
[F1][F2][F3][F4][F5]2026-02-05$7.50/sh+7,500$56,250→ 1,863,786 total - Exercise/Conversion
Option to Purchase Class A Voting Common Stock
[F6]2026-02-05−7,500→ 0 totalExercise: $7.50From: 2016-03-01→ Class A Common Stock (7,500 underlying)
Holdings
- 4,000
Option to Purchase Class A Voting Common Stock
[F6]Exercise: $11.35From: 2019-09-23→ Class A Common Stock (4,000 underlying)
Footnotes (6)
- [F1]This Form 4 is filed jointly by Patriot Financial Partners GP II, LLC ("Patriot LLC"), Patriot Financial Partners GP II, LP. ("Patriot GP"), Patriot Financial Partners II, LP. ("Patriot Fund II"), Patriot Financial Partners Parallel II, LP. ("Patriot Parallel Fund II," together with Patriot Fund II, the "Funds"), Patriot Financial Manager, LLC ("Manager LLC") and Patriot Financial Manager, L.P. ("Manager LP"), W. Kirk Wycoff, James J. Lynch, Ira M. Lubert and James F. Deutsch.
- [F2]Patriot GP is a general partner of each of the Funds and Patriot LLC is a general partner of Patriot GP. In addition, each of W. Kirk Wycoff, Ira M. Lubert and James J. Lynch serve as general partners of the Funds and is a member of Patriot LLC. Manager LP, serves as investment manager to the Funds. Manager LLC serves as general partner of Manager LP and W. Kirk Wycoff, Ira M. Lubert and James J. Lynch are members of Manager LLC. James F. Deutsch is a member of the Patriot Funds Investment Committee.
- [F3]The securities owned by the Funds may be regarded as being beneficially owned by Patriot GP, Patriot LLC, Manager LLC, Manager LP, W. Kirk Wycoff, James J. Lynch, Ira M. Lubert and James F. Deutsch.
- [F4]After the option exercise, Manager LP holds 7,500 shares of common stock, Patriot Fund II holds 1,662,420 shares of common stock and Patriot Parallel Fund II holds 193,866 shares of common stock.
- [F5]This filing shall not be deemed an admission that the Reporting Persons are subject to Section 16 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or, for purposes of Section 16 of the Exchange Act or otherwise (other than to the extent a Reporting Person directly holds the securities reported herein), and Messrs. Wycoff, Lynch, Lubert and Deutsch each disclaim beneficial ownership of the securities owned by the Funds or Manager LP, except to the extent of their respective pecuniary interest therein.
- [F6]The options were previously granted to Mr. Wycoff as a director of the Company. Each option to purchase Class A Voting Common Stock remains exercisable until the earlier of (a) ten (10) years after its date of grant or (b) the (3) months after the date Mr. Wycoff ceases to serve as a non-employee of the Issuer.