WYCOFF W KIRK 4
Research Summary
AI-generated summary
USCB 10% Owner W. Kirk Wycoff Sells Shares
What Happened W. Kirk Wycoff, reported as a 10% owner (linked to Patriot funds/management), sold a total of 50,000 shares of USCB Financial Holdings common stock in two transactions. On 2026-04-30 he sold 37,152 shares for a weighted average price of $18.24 (proceeds $677,652; trades ranged $18.20–$18.57). On 2026-05-01 he sold 12,848 shares for a weighted average price of $18.28 (proceeds $234,861; trades ranged $18.25–$18.50). Total reported proceeds ≈ $912,513. These were sales (S) — routine disposition rather than purchases.
Key Details
- Transaction dates: 2026-04-30 (37,152 shares @ $18.24 wtd avg; range $18.20–$18.57) and 2026-05-01 (12,848 shares @ $18.28 wtd avg; range $18.25–$18.50).
- Total shares sold: 50,000; total proceeds ≈ $912,513.
- Ownership after sale (per filing): Manager LP holds 7,500 shares; Patriot Fund II holds 1,617,670 shares; Patriot Parallel Fund II holds 188,616 shares (these reflect fund/manager holdings).
- Filing was made jointly by Patriot-related entities and individuals (Patriot GP, Patriot LLC, Manager LP/LLC and named persons); filing clarifies these funds/entities may be deemed beneficial owners.
- The filing includes disclaimers that the individual reporting persons (including Wycoff) disclaim beneficial ownership of fund-held securities except for any pecuniary interest.
- No indication in the form that this filing was late.
Context
- These were outright sales (S) reported by a reported 10% owner associated with private funds/manager entities — this is institutional/manager-related selling rather than a straightforward executive personal trade. Footnotes provide weighted average prices and trade price ranges; the filer offers to supply per-trade details on request. No option exercise or tax-withholding transaction was reported in these specific sales.