Form 4: USCB Financial Holdings Executive Maricarmen Logrono Reports Stock Transaction

Maricarmen Logrono, EVP and Chief Risk Officer of USCB Financial Holdings, reports the disposition of 240 shares of Class A Voting Common Stock to cover tax obligations.

Summary

• On March 8, 2024, Maricarmen Logrono, the EVP and Chief Risk Officer of USCB Financial Holdings, disposed of 240 shares of Class A Voting Common Stock.
• The transaction was related to covering tax obligations at a price of $11.15 per share.
• Following the transaction, Logrono directly owns 5,316 shares of Class A Voting Common Stock, including 2,630 shares of restricted stock vesting annually from January 22, 2024, and 1,617 shares vesting annually from March 8, 2023.
• Logrono also holds options to purchase 15,000 shares of Class A Voting Common Stock, vesting annually from September 27, 2021, at an exercise price of $12.05.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing a routine stock transaction. It doesn't convey any particularly positive or negative sentiment.

Industry Context

This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their transactions in the company's stock. It's a standard practice and doesn't necessarily indicate a broader trend or issue within the financial industry.

Stakeholder Impact

• The transaction is unlikely to have a significant impact on stakeholders, as it involves a small number of shares and is related to tax obligations.

Key Dates