Form 4: USCB Executive Sells Shares for Tax Liability
Insider Transaction
Andres Collazo, Executive VP of USCB Financial Holdings, sold 600 shares of Class A Voting Common Stock to cover tax obligations.
Summary
- Andres Collazo, Executive VP, Operations & IT of USCB Financial Holdings, Inc. (USCB), disposed of 600 shares of Class A Voting Common Stock.
- The transaction occurred on January 21, 2026, at a price of $20.38 per share.
- This disposition was made to satisfy tax liabilities incident to the vesting of restricted stock awards.
- Following this transaction, Collazo directly beneficially owns 27,144 shares of Class A Voting Common Stock.
- Collazo also holds 30,000 options to purchase Class A Voting Stock at an exercise price of $12.05, which began vesting on September 27, 2022, and expire on September 27, 2031.
- Additionally, Collazo holds 8,000 options to purchase Class A Voting Stock at an exercise price of $7.50, which began vesting on April 25, 2017, and expire on April 25, 2026.
- The beneficially owned shares include various restricted stock grants with vesting schedules commencing on January 22, 2025, March 8, 2024, October 28, 2025, and January 21, 2026.
Sentiment
Score: 5
Explanation: The filing reports a routine disposition of shares by an executive to cover tax liabilities associated with restricted stock vesting, which is a common and expected event in executive compensation and does not indicate a change in company fundamentals.
Positives
- The vesting of restricted stock and options indicates ongoing executive compensation and alignment with shareholder interests.
Future Outlook
NA
Industry Context
NA
Stakeholder Impact
- Shareholders: The transaction represents a minor, non-discretionary sale by an executive, unlikely to have a significant impact on the company's share price or strategic direction.
- Employees: No direct impact on employees is indicated by this filing.
- Customers, Suppliers, Creditors: No direct impact on these stakeholders is indicated by this filing.
Key Dates
| Date | Description |
|---|---|
| 04/25/2017 | Commencement of vesting for 8,000 options to purchase Class A Voting Stock at $7.50. |
| 09/27/2022 | Commencement of vesting for 30,000 options to purchase Class A Voting Stock at $12.05. |
| 03/08/2024 | Commencement of vesting for 1,763 restricted shares from a 5,289 share grant. |
| 01/22/2025 | Commencement of vesting for 948 restricted shares from a 2,846 share grant. |
| 10/28/2025 | Commencement of vesting for 10,000 restricted shares from a 15,000 share grant. |
| 01/21/2026 | Date of reported transaction (disposition of shares) and commencement of vesting for 4,042 restricted shares from a 6,064 share grant. |
| 01/23/2026 | Signature date of the reporting person. |
| 04/25/2026 | Expiration date for 8,000 options to purchase Class A Voting Stock at $7.50. |
| 09/27/2031 | Expiration date for 30,000 options to purchase Class A Voting Stock at $12.05. |
Recommendation
holdThe filing details a routine, non-discretionary sale of shares by an executive to cover tax obligations related to restricted stock vesting. This type of transaction is common and does not typically signal a change in management's outlook or the company's fundamentals, thus a 'hold' recommendation is appropriate based solely on this filing.
Keywords
USCB Financial Holdings, USCB, Andres Collazo, Form 4, Insider Transaction, Stock Sale, Restricted Stock, Stock Options, Executive Compensation, Tax Liability
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