Form 4: FUSB Director Wilson Acquires Phantom Stock Units

Sentiment:

Insider Transaction Report


First US Bancshares Director Bruce N. Wilson acquired 112.1 phantom stock units through a deferred compensation plan, increasing his beneficial ownership to 19,465.48 units.

Summary

  • Director Bruce N. Wilson of First US Bancshares, Inc. (FUSB) acquired 112.1 phantom stock units.
  • The transaction occurred on September 30, 2025.
  • These units were accrued from quarterly dividends under the First US Bancshares, Inc. Non-Employee Directors Deferred Compensation Plan.
  • The acquisition price per phantom stock unit was $12.02.
  • Following this transaction, Director Wilson beneficially owns a total of 19,465.48 phantom stock units.
  • Each phantom stock unit converts to common stock on a 1-for-1 basis and will be settled in common stock at the end of the deferral period.

Sentiment

Score: 6

Explanation: The sentiment is slightly positive as a director's increased beneficial ownership, even through a compensation plan, generally indicates continued alignment with the company's performance and shareholder interests.

Positives

  • Increased beneficial ownership by a director, even through a compensation plan, can signal continued alignment of interests with shareholders.

Future Outlook

The phantom stock units are to be settled in common stock at the end of the deferral period, converting on a 1-for-1 basis.

Industry Context

This is a routine insider transaction related to director compensation, common across publicly traded companies, and does not directly reflect broader industry trends.

Stakeholder Impact

  • Shareholders: Minor positive impact due to increased director alignment with company performance through beneficial ownership.

Next Steps

  • Settlement of the phantom stock units into common stock at the end of the deferral period.

Key Dates

DateDescription
09/30/2025Acquisition date of 112.1 phantom stock units by Director Bruce N. Wilson.
10/01/2025Date the Form 4 was signed by Beverly J. Dozier, by power of attorney.

Keywords

First US Bancshares, FUSB, Bruce N. Wilson, Director, Phantom Stock Units, Insider Transaction, Deferred Compensation Plan, SEC Form 4

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