Form 4: USCB Financial Holdings Executive VP and CFO Reports Stock Transaction
SEC Form 4 Filing
Robert B. Anderson, Executive VP and CFO of USCB Financial Holdings, reports the disposition of 1,011 shares to cover tax obligations related to vesting restricted stock.
Summary
- On March 10, 2025, Robert B. Anderson, Executive VP and CFO of USCB Financial Holdings, disposed of 1,011 shares of Class A Voting Common Stock at a price of $17.81 per share.
- This transaction was to cover tax obligations related to the vesting of restricted stock.
- Following the transaction, Anderson directly owns 119,985 shares of Class A Voting Common Stock.
- Anderson also holds options to purchase 30,000 shares at $8.75, which vested starting September 10, 2021, and options to purchase 60,000 shares at $12.05, which vested starting September 27, 2022.
- The reported holdings include restricted stock grants vesting over time, with specific vesting schedules detailed in the footnotes.
Sentiment
Score: 5
Explanation: This is a routine disclosure of a stock transaction by a company executive. It doesn't inherently indicate positive or negative sentiment, as it relates to tax obligations.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates the CFO's stock disposal to cover tax obligations, which is a common practice.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders, as it is a routine sale of shares by an executive to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 09/10/2021 | Options to purchase Class A Voting Common Stock ($8.75) vested at a rate of one-third per year commencing on this date. |
| 09/27/2022 | Options to purchase Class A Voting Common Stock ($12.05) vested at a rate of one-third per year commencing on this date. |
| 03/08/2024 | 2,683 shares of restricted stock of a grant of 8,051 shares commenced vesting at a rate of one-third per year on this date. |
| 12/31/2024 | One-third of 25,000 shares of restricted stock vested on this date. |
| 01/22/2025 | 2,751 shares of restricted stock of a grant of 4,127 shares commenced vesting at a rate of one-third per year on this date. |
| 03/10/2025 | Date of the reported stock transaction (disposal of 1,011 shares). |
| 03/12/2025 | Date of signature on the Form 4 filing. |
| 01/21/2026 | 8,792 shares of restricted stock vest at a rate of one-third per year commencing on this date. |
| 12/31/2025 | Pro rata vesting of two-thirds of 25,000 shares of restricted stock. |
| 12/31/2026 | Pro rata vesting of two-thirds of 25,000 shares of restricted stock. |
| 09/10/2030 | Expiration date for options to purchase Class A Voting Common Stock ($8.75). |
| 09/27/2031 | Expiration date for options to purchase Class A Voting Common Stock ($12.05). |
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