Form 4: First US Bancshares Executive Reports Share Withholding for Taxes
SEC Form 4 Filing
William C. Mitchell, SEVP-Consumer Lending-Bank at First US Bancshares, reports share withholding for tax purposes on February 22, 2025.
Summary
- On February 22, 2025, William C. Mitchell, SEVP-Consumer Lending-Bank at First US Bancshares, had 370 shares of common stock withheld for tax purposes at a price of $13.18 per share.
- Following the transaction, Mitchell directly owns 20,076 shares of First US Bancshares common stock.
- Mitchell also indirectly owns 8,204 shares through a 401K plan and 1,209 shares through his spouse.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing related to insider transactions, and does not contain information that would significantly impact investor sentiment positively or negatively.
Industry Context
This is a standard SEC Form 4 filing, which is required when an insider of a publicly traded company makes a transaction in the company's stock. It provides transparency into the trading activities of company executives.
Key Dates
| Date | Description |
|---|---|
| 02/22/2025 | Date of transaction: Share withholding for tax purposes. |
| 03/26/2025 | Date of information provided by OneAmerica regarding 401(K) plan holdings. |
| 03/27/2025 | Date of signature on the Form 4 filing. |
Keywords
Form 4, Beneficial Ownership, Insider Trading, FIRST US BANCSHARES, FUSB, Mitchell William C, SEVP-Consumer Lending-Bank, Share Withholding, Tax Purposes
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