BUSTLE NICHOLAS 4
4 · USCB FINANCIAL HOLDINGS, INC. · Filed Mar 10, 2026
Research Summary
AI-generated summary of this filing
USCB EVP Nicholas Bustle Surrenders 497 Shares for Taxes
What Happened
- Nicholas Bustle, EVP and Chief Lending Officer of USCB Financial Holdings (USCB), disposed of 497 shares on 2026-03-08 to satisfy a tax withholding/payment obligation. The shares were valued at $18.45 each, for a total of about $9,170. This transaction is a tax-withholding disposal (transaction code F), not an open-market sale.
Key Details
- Transaction date: 2026-03-08; Filing date (Form 4): 2026-03-10 (filed two days after the transaction; appears timely).
- Price and value: 497 shares at $18.45 per share, total ≈ $9,170.
- Transaction type: F = payment of exercise price or tax liability (shares surrendered/withheld to cover taxes).
- Shares owned after transaction: not specified in the provided filing details.
- Notable footnotes:
- F1: Multiple restricted stock grants are outstanding and vest in thirds annually (details: 4,631 of 6,947 shares began vesting 1/21/2026; 1,087 of 3,261 began 1/22/2025; 13,333 of 20,000 began 10/28/2025; 7,015 vest starting 1/27/2027).
- F2/F3: Stock option grants vesting schedules began 4/17/2020 and 9/27/2022, respectively.
Context
- This was a routine tax-withholding/settlement of vested awards (not an open-market sell). Such disposals are common when restricted shares vest or options are exercised and do not necessarily indicate the insider is reducing their economic exposure to the company.
Insider Transaction Report
Form 4
BUSTLE NICHOLAS
EVP and Chief Lending Officer
Transactions
- Tax Payment
Class A Voting Common Stock
[F1]2026-03-08$18.45/sh−497$9,170→ 46,919 total
Holdings
- 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, 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 and 7,015 shares of restricted stock which vest at the rate of one-third per year commencing on January 27, 2027.
- [F2]The stock options vested at the rate of one-third per year commencing on April 17, 2020.
- [F3]The stock options vested at the rate of one-third per year commencing on September 27, 2022.
Signature
/s/ Robert Anderson by P.O.A. for Nicholas Bustle|2026-03-10