USCB FINANCIAL HOLDINGS, INC.·4

Mar 10, 4:06 PM ET

Logrono Maricarmen 4

Research Summary

AI-generated summary

Updated

USCB EVP Maricarmen Logrono Sells 197 Shares

What Happened

  • Maricarmen Logrono, EVP and Chief Risk Officer of USCB Financial Holdings (USCB), had 197 shares disposed on March 8, 2026 to satisfy a tax liability related to an equity award/option exercise. The shares were disposed at $18.45 each for a total of approximately $3,635. This was a tax-withholding disposition (routine), not an open-market buy or directional sale by the insider.

Key Details

  • Transaction date: March 8, 2026; Filing date: March 10, 2026 (file appears timely — Form 4s are due within two business days).
  • Disposed: 197 shares at $18.45 per share; total value ≈ $3,635.
  • Transaction code: F — payment of exercise price or tax liability (shares used to cover withholding).
  • Shares owned after the transaction: not specified on the provided Form 4 excerpt.
  • Footnotes of note:
    • F1: Restricted stock details — includes 876 shares (from a 2,630-share grant) vesting one‑third per year beginning Jan 22, 2025; 3,920 shares (from a 5,880-share grant) vesting one‑third per year beginning Jan 21, 2026; and 6,217 shares vesting one‑third per year beginning Jan 27, 2027.
    • F2: Options vest at one‑third per year commencing Sep 27, 2021.

Context

  • This was a withholding/disposition to satisfy taxes following an equity award or option exercise — a routine administrative transaction rather than an open-market sale that signals a change in the insider’s view. For derivative-related filings like this, the key takeaway for investors is that shares were used to cover tax obligations; it does not necessarily reflect buying or selling for investment reasons.