SCHEDULE: First US Bancshares Stakeholders Adjust Holdings

Reporting persons adjust beneficial ownership of First US Bancshares stock following the passing of Charles C. Anderson and a significant share disposition.

Summary

• This filing is an amendment to a Schedule 13D, reporting changes in beneficial ownership of First US Bancshares, Inc. common stock.
• The changes are primarily due to the passing of Charles C. Anderson on June 24, 2026, and the subsequent administration of his estate.
• Anderson CBP LLC sold 148,524 shares of Common Stock on August 20, 2026.
• Following these events, the aggregate beneficial ownership of the reporting persons and entity is 232,553 shares, representing 4.2% of the outstanding common stock.
• Individual beneficial ownership is now: Harold M. Anderson (142,500 shares, 2.6%), Terrence Anderson (90,053 shares, 1.6%), and Anderson CBP LLC (49,252 shares, 0.9%). Charles C. Anderson's estate no longer holds shares.
• The reporting persons may make future purchases or dispositions of shares depending on market conditions and their investment decisions.

Sentiment

Score: 3

Explanation: StockSavvy.ai views this as a neutral to slightly negative filing due to the reporting of a deceased individual's estate and a significant sale of shares, indicating a reduction in beneficial ownership rather than growth or strategic investment.

Positives

• The reporting persons retain a combined 4.2% stake in the company, indicating continued, albeit reduced, interest.
• The filing clarifies the ownership structure after a significant life event, providing transparency to the market.

Negatives

• A significant sale of 148,524 shares by Anderson CBP LLC on August 20, 2026, reduces the overall beneficial ownership.
• The passing of Charles C. Anderson necessitates estate administration, leading to a shift in holdings.
• The aggregate beneficial ownership has decreased to 4.2%, falling below the typical 5% threshold that triggers initial Schedule 13D filings.

Risks

• Future dispositions of shares by the reporting persons could potentially impact the stock price if significant volumes are sold.
• The estate administration process could lead to further, unspecified changes in beneficial ownership.

Future Outlook

The reporting persons and Anderson CBP LLC may make future purchases or dispositions of the Issuer's Common Stock depending on market conditions and other factors they deem material to their investment decisions. They have no present intention to formulate plans or proposals regarding the Issuer.

Management Comments

• Charles C. Anderson passed away on June 24, 2026 and Terrence Anderson became the estate representative.
• On August 20, 2026, Anderson CBP LLC sold 148,524 shares of Common Stock.
• This amendment on Schedule 13D is being filed to report the foregoing matters and beneficial ownership of less than 5% of the Issuer's outstanding Common Stock.

Industry Context

StockSavvy.ai notes that Schedule 13D filings are crucial for tracking significant ownership changes in publicly traded companies. This particular filing reflects a transitionary period for the reporting persons, influenced by personal circumstances rather than a strategic shift in the company's operations or market position.

Management Changes

Stakeholder Impact

• Shareholders may observe a slight reduction in concentrated ownership, which could influence market perception.
• Creditors and other stakeholders are provided with updated information on significant beneficial ownership levels.

Next Steps

• Reporting persons may continue to monitor market conditions and their investment decisions regarding First US Bancshares stock.
• Further purchases or dispositions of shares may occur in the future.

Key Dates

Keywords

First US Bancshares, Schedule 13D, Beneficial Ownership, Stock Disposition, Estate Administration, Shareholder Update