Form 4: Director Newby Boosts UBFO Stake via DRP

UNITED SECURITY BANCSHARES Director Kenneth D Newby increased his beneficial ownership of common stock through multiple dividend reinvestment plan transactions.

Summary

• Kenneth D Newby, a Director of UNITED SECURITY BANCSHARES (UBFO), reported four transactions involving the acquisition of common stock.
• All acquisitions were made through a dividend reinvestment plan (DRP).
• On August 4, 2025, 507.53 shares were acquired directly at a price of $8.734 per share, bringing direct ownership to 39,462.143 shares.
• On October 30, 2025, an additional 491.756 shares were acquired directly at $9.138 per share, increasing direct ownership to 39,953.899 shares.
• On July 22, 2025, 195.075 shares were acquired indirectly through an IRA at $8.927 per share, resulting in indirect IRA ownership of 14,712.561 shares.
• On October 21, 2025, 198.597 shares were acquired indirectly through an IRA at $8.89 per share, increasing indirect IRA ownership to 14,911.158 shares.

Sentiment

Score: 6

Explanation: The sentiment is moderately positive as a director increased their beneficial ownership, indicating continued confidence in the company, even if through a dividend reinvestment plan.

Positives

• A director increasing their stake in the company, even through a dividend reinvestment plan, can signal confidence in the company's future prospects and financial health.

Future Outlook

This filing does not contain any forward-looking statements or guidance.

Industry Context

Insider transactions, such as those reported in a Form 4, are closely watched by investors as they can provide insights into management's perception of the company's value. While these acquisitions were part of a dividend reinvestment plan, they still represent an increase in the director's overall stake in the company, which is generally viewed positively within the financial services industry.

Stakeholder Impact

• Shareholders may view the increased insider ownership as a positive signal, potentially reinforcing confidence in the company's leadership and future performance.

Key Dates

Recommendation

The director's increased stake, even through a dividend reinvestment plan, suggests continued confidence in UNITED SECURITY BANCSHARES. While not a direct open-market purchase, it reflects a commitment to holding and growing their investment. This action alone does not warrant a strong buy or sell recommendation but supports a 'hold' position, indicating stability and insider belief in the company's value.

Keywords

UNITED SECURITY BANCSHARES, UBFO, Form 4, Insider Transaction, Stock Acquisition, Dividend Reinvestment Plan, Kenneth D Newby, Director