BUSTLE NICHOLAS 4

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.