DE LA AGUILERA LUIS 4
Research Summary
AI-generated summary
USCB CEO Luis De La Aguilera Sells 2,948 Shares (Tax Withholding)
What Happened
- Luis De La Aguilera, President & CEO and a director of USCB Financial Holdings (USCB), disposed of 2,948 shares on March 8, 2026 to satisfy a tax liability. The shares were disposed at $18.45 each for a total of $54,391. The Form 4 reports this as a tax withholding/payment (transaction code F), meaning shares were surrendered to cover taxes rather than sold in the open market.
Key Details
- Transaction date and price: March 8, 2026 — 2,948 shares at $18.45 per share (total $54,391).
- Transaction type: Code F — payment of exercise price or tax liability (shares withheld/surrendered to cover taxes).
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Filing date: Form filed March 10, 2026 (for transaction on March 8, 2026).
- Notable footnotes from the filing:
- F1: Multiple restricted stock grants with staggered vesting (including 27,632 shares vesting from Jan 27, 2027, and other tranches vesting at one-third per year).
- F2 & F3: Stock option grants vesting at one-third per year beginning Sept 23, 2020 and Sept 27, 2022, respectively.
Context
- This was a tax-withholding disposition, a routine administrative action when restricted stock vests or options are exercised; it does not necessarily indicate a voluntary sale or change in sentiment. The filing’s footnotes show ongoing restricted stock and option vesting schedules that likely triggered the tax withholding.