Form 4: Director Susan Quigley Acquires 400 Shares of United Security Bancshares
SEC Form 4 Filing
Director Susan Quigley acquired 400 shares of United Security Bancshares common stock as compensation for director fees.
Summary
- Susan Quigley, a director at United Security Bancshares, acquired 400 shares of common stock on December 17, 2024.
- The shares were acquired as compensation for director fees.
- Following the transaction, Ms. Quigley directly owns 12,363 shares of United Security Bancshares.
Sentiment
Score: 5
Explanation: The document is a routine filing of a stock transaction related to director compensation, which is neither positive nor negative.
Industry Context
This is a routine filing related to director compensation and is not indicative of any broader industry trends.
Comparison to Industry Standards
- Director compensation in the form of stock is a common practice across the financial industry.
- The number of shares awarded is not unusual for a director of a company of this size.
- Many financial institutions use a combination of cash and stock for director compensation.
Stakeholder Impact
- The transaction has a minor positive impact on the director's alignment with shareholder interests.
Key Dates
| Date | Description |
|---|---|
| 12/17/2024 | Date of the stock acquisition by Susan Quigley. |
Keywords
United Security Bancshares, Director, Stock Acquisition, Form 4, Beneficial Ownership, UBFO, Director Fees
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