Form 4: First US Bancshares Officer Reports Stock Disposals for Tax Purposes
SEC Form 4 Filing
Beverly J. Dozier, an officer of First US Bancshares, reported disposing of common stock to cover tax obligations.
Summary
- Beverly J. Dozier, SVP, Secretary, Assistant Treasurer of First US Bancshares, Inc., filed a Form 4.
- The form reports the disposal of common stock to cover tax obligations on February 9, 2025, February 10, 2025, and February 22, 2025.
- The disposals were executed at prices of $13.15 and $13.18 per share.
- Following these transactions, Dozier directly owns 5,903 shares of common stock.
- Dozier also indirectly owns 8,596 shares through a trust and 21,292 shares through a 401(k) plan.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing regarding stock transactions for tax purposes, indicating a neutral sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.
Stakeholder Impact
- The transactions have a minimal impact on shareholders as they are related to tax obligations and do not represent a significant change in ownership.
Key Dates
| Date | Description |
|---|---|
| 02/09/2025 | Date of first reported transaction (disposal of shares for tax purposes). |
| 02/10/2025 | Date of second reported transaction (disposal of shares for tax purposes). |
| 02/22/2025 | Date of third reported transaction (disposal of shares for tax purposes). |
| 03/26/2025 | Date of information from OneAmerica regarding 401(k) holdings. |
| 03/27/2025 | Date of signature on the Form 4 filing. |
Keywords
Form 4, insider trading, stock disposal, tax withholding, beneficial ownership, First US Bancshares, FUSB, Dozier
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