Form 4: USCB Director & 10% Owner Reports Stock Distribution

Howard Feinglass and Priam Capital entities report a distribution of 50,000 Class A Voting Common Stock shares by Priam Capital Fund II, L.P.

Summary

• Howard Feinglass, a Director and 10% owner of USCB Financial Holdings, Inc., along with Priam Capital Fund II, L.P. and Priam Capital Associates II LLC, filed a Form 4.
• Priam Capital Fund II, L.P. distributed 50,000 shares of Class A Voting Common Stock to an unaffiliated limited partner for no consideration on September 12, 2025.
• Following this transaction, Priam Capital Fund II, L.P. indirectly holds 3,968,309 shares of Class A Voting Common Stock.
• Mr. Feinglass directly holds 6,314 shares of Class A Voting Common Stock.
• Mr. Feinglass also holds 7,500 options to purchase Class A Voting Common Stock at an exercise price of $7.50, granted on March 1, 2016.
• Additionally, Mr. Feinglass holds 4,000 options to purchase Class A Voting Common Stock at an exercise price of $11.35, granted on September 23, 2019.
• Priam Capital Associates II LLC is the general partner of Priam Capital Fund II, L.P., and Mr. Feinglass is the managing member of Priam Capital Associates II LLC.
• The reporting persons disclaim beneficial ownership of the reported securities except to the extent of their pecuniary interest.

Sentiment

Score: 5

Explanation: The filing is a factual report of a change in beneficial ownership and does not contain information that would significantly alter the sentiment towards the company. It's a neutral disclosure.

Future Outlook

The filing does not provide any forward-looking statements or guidance regarding the company's future performance or strategy.

Management Comments

• Priam Capital Associates and Mr. Feinglass disclaim beneficial ownership of the reported securities, except to the extent of their respective pecuniary interest therein, and this report shall not be deemed an admission that they are beneficial owners of such securities for the purposes of Section 16.

Industry Context

This Form 4 filing reports a routine change in beneficial ownership for a director and 10% owner, which is a standard disclosure in the financial services industry for publicly traded companies. It does not provide information to assess broader industry trends or competitive positioning.

Related Party Transactions

• Priam Capital Fund II, L.P. distributed 50,000 shares of Class A Voting Common Stock to an unaffiliated limited partner for no consideration, which represents a transaction between related entities (Priam Capital Fund II, L.P. and its limited partner) and is reported due to the beneficial ownership of Mr. Feinglass and Priam Capital Associates II LLC.

Stakeholder Impact

• Shareholders: The distribution of shares by a 10% owner to an unaffiliated limited partner represents a minor shift in the indirect ownership structure but does not directly impact the company's operations or overall share count.
• Employees, Customers, Suppliers, Creditors: No direct impact is indicated by this filing.

Key Dates

Keywords

USCB, Form 4, beneficial ownership, stock distribution, insider transaction, Howard Feinglass, Priam Capital, director, 10% owner, stock options