Form 4: First US Bancshares Executive Reports Stock Transactions
SEC Form 4
William C. Mitchell, SEVP at First US Bancshares, reports acquisition of shares through a spousal transaction and holdings in 401(k) plans.
Summary
- William C. Mitchell, a Senior Executive Vice President at First US Bancshares, filed a Form 4 detailing changes in his beneficial ownership of the company's stock.
- On March 26, 2024, Mitchell acquired 54 shares of common stock at a price of $9.15 per share through a spousal transaction.
- Mitchell's spouse directly owns 1,209 shares.
- Mitchell's spouse's 401(k) holds 3,336 shares.
- Mitchell's 401(k) holds 8,074 shares.
- Mitchell directly owns 15,100 shares.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, so the sentiment is neutral.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency to the market regarding the trading activities of company executives.
Stakeholder Impact
- The filing provides transparency to shareholders regarding insider transactions.
Key Dates
| Date | Description |
|---|---|
| 03/26/2024 | Date of transaction where 54 shares were acquired through a spousal transaction. |
| 03/28/2024 | Date of signature on the Form 4 filing. |
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