Form 4: First US Bancshares Director Exercises Stock Options
SEC Form 4 Filing
John Lee McPhearson, a director of First US Bancshares, exercised stock options to acquire 1,500 shares of common stock at a price of $8.23 per share.
Summary
- On February 5, 2025, John Lee McPhearson, a director of First US Bancshares, exercised stock options.
- This transaction involved the acquisition of 1,500 shares of common stock at a price of $8.23 per share.
- Following the transaction, McPhearson directly owns 11,058 shares of First US Bancshares common stock.
- McPhearson also indirectly owns 3,000 shares through his spouse.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing an insider transaction. It doesn't convey any particularly positive or negative sentiment.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the actions of company directors.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it involves a relatively small number of shares.
Key Dates
| Date | Description |
|---|---|
| 02/23/2016 | Original date the stock options became exercisable |
| 02/05/2025 | Date of transaction: Director exercised stock options |
| 02/06/2025 | Date of signature on the Form 4 filing |
| 02/23/2025 | Expiration date of the stock options |
Keywords
stock options, director, FUSB, First US Bancshares, beneficial ownership, Form 4, McPhearson
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