DE LA AGUILERA LUIS 4

What Happened

• Luis De La Aguilera, President & CEO and a director of USCB Financial Holdings (USCB), exercised 49,414 stock options (reported as an M-code exercise) at $12.05 per share (cost ≈ $595,439) on May 21, 2026, and sold those 49,414 shares the same day in an open-market transaction at a weighted price of $18.30 per share (gross proceeds ≈ $904,276). The Form 4 also lists a related derivative conversion/transaction reported at $0.00 for 49,414 shares.

Key Details

• Transaction date: May 21, 2026; Form 4 filed May 22, 2026 (timely).
• Exercise: 49,414 shares at $12.05 (total cost ≈ $595,439).
• Sale: 49,414 shares at weighted $18.30 (total proceeds ≈ $904,276); sale execution prices ranged $18.07–$18.47 per footnote.
• Shares owned after transaction: Not specified in the provided filing summary.
• Footnotes of note:
  • F1: Details multiple outstanding restricted stock grants (various vesting schedules) included in beneficial ownership calculations.
  • F2: Weighted sale price; full per-price breakdown available on request as noted in filing.
  • F3: Options vesting schedule (one-third per year commencing Sept 27, 2022).
• No late filing was indicated in the provided data.

Context

• This is effectively a cashless exercise and immediate sale: the CEO exercised options and sold the resulting shares the same day. Such paired exercise-and-sell transactions are common for option holders and do not necessarily signal a change in long-term view.
• The filing includes a derivative conversion event reported at $0.00; the Form 4 ties that to the same share count—see the filing footnotes for how the company reports exercises/conversions and outstanding awards.