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USCB FINANCIAL HOLDINGS, INC.·4

May 21, 11:22 AM ET

DE LA AGUILERA LUIS 4

Research Summary

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Updated

USCB CEO Luis De La Aguilera Exercises Options, Sells Shares

What Happened
Luis De La Aguilera, President, CEO and a director of USCB Financial Holdings (USCB), exercised 41,757 options (4,931 on 2026-05-19 and 36,826 on 2026-05-20) at $12.05 per share (total exercise cost ≈ $503,172). He then sold those shares in open‑market transactions—4,931 shares on 2026-05-19 and 36,826 shares on 2026-05-20—for combined gross proceeds of about $757,199. The filing shows the options were exercised and the shares were sold shortly afterward (a cashless-style outcome).

Key Details

  • Dates and prices:
    • 2026-05-19: Exercised 4,931 shares at $12.05 (acquired); sold 4,931 shares at a weighted $18.01 (proceeds ≈ $88,807). (See F2: sale prices in range $18.00–$18.08.)
    • 2026-05-20: Exercised 36,826 shares at $12.05 (acquired); sold 36,826 shares at a weighted $18.15 (proceeds ≈ $668,392). (See F3: sale prices in range $18.03–$18.42.)
  • Total: 41,757 shares exercised for ≈ $503,172 and sold for ≈ $757,199.
  • Shares owned after transaction: not specified in the provided excerpt of the filing.
  • Notable footnotes:
    • F1 lists restricted stock grants totaling 90,445 shares from multiple grants with staggered vesting schedules (details and vesting start dates provided in the filing).
    • F2/F3 explain the reported sale prices are weighted averages across multiple trade prices (ranges provided); full breakdown available on request.
    • F4 notes the stock options vesting schedule (one‑third per year commencing 9/27/2022).
  • Timeliness: Form 4 filed 2026-05-21 reporting transactions on 2026-05-19 and 2026-05-20 (filed within the usual 2-business‑day window).

Context

  • This was an exercise of vested options followed by open‑market sales (a common liquidity/cashless exercise pattern). The filing shows acquisition via exercise (derivative conversion) and near‑immediate disposition of the resulting shares; the separate $0.00 disposal lines in the Form 4 reflect the cancellation/conversion of the derivative instruments upon exercise.
  • The transactions are factual disclosures of insider activity and do not by themselves indicate the insider’s view of the company’s prospects.