Form 4: USCB Financial Holdings Executive VP, Oscar Gomez, Reports Stock Transaction
SEC Form 4 Filing
Oscar Gomez, Executive VP of Global Banking at USCB Financial Holdings, reported a transaction involving the acquisition of 284 shares of Class A Voting Common Stock.
Summary
- Oscar Gomez, an Executive VP at USCB Financial Holdings, reported a transaction on January 22, 2025.
- The transaction involved the acquisition of 284 shares of Class A Voting Common Stock at a price of $18.27 per share.
- Following the transaction, Mr. Gomez directly owns 30,007 shares of Class A Voting Common Stock.
- This includes restricted stock that vests over time, with various vesting schedules.
- Mr. Gomez also holds options to purchase 20,000 shares of Class A Voting Stock at an exercise price of $12.05, which vest over time.
Sentiment
Score: 6
Explanation: The document is a routine disclosure of a stock transaction by an executive. It is neither particularly positive nor negative, but rather a standard reporting requirement.
Positives
- The acquisition of shares by an executive could be seen as a positive sign of confidence in the company's future.
Industry Context
This is a standard SEC Form 4 filing, which is a routine disclosure for company insiders who trade their company's stock. It is a common practice for executives to receive stock and options as part of their compensation.
Comparison to Industry Standards
- Executive stock ownership and option grants are common practices across the financial industry.
- The vesting schedules for restricted stock and options are typical for executive compensation packages.
- The specific amounts and vesting terms would need to be compared to similar roles at comparable financial institutions to assess if they are in line with industry standards.
Stakeholder Impact
- The transaction has a minor impact on shareholders as it reflects an executive's ownership changes.
- The vesting of restricted stock and options could potentially incentivize the executive to perform well.
Key Dates
| Date | Description |
|---|---|
| 09/27/2022 | Commencement of vesting for stock options at a rate of one-third per year. |
| 03/08/2024 | Commencement of vesting for 3,626 shares of restricted stock at a rate of one-third per year. |
| 01/22/2025 | Date of the reported stock transaction where 284 shares were acquired. |
| 01/24/2025 | Date of the signature on the form. |
| 10/28/2025 | Commencement of vesting for 15,000 shares of restricted stock at a rate of one-third per year. |
| 01/21/2026 | Commencement of vesting for 6,118 shares of restricted stock at a rate of one-third per year. |
| 01/22/2026 | Vesting date for 957 shares of restricted stock. |
| 01/22/2027 | Vesting date for 957 shares of restricted stock. |
| 09/27/2031 | Expiration date for stock options. |
Keywords
USCB Financial Holdings, Oscar Gomez, stock transaction, Class A Voting Common Stock, executive compensation, insider trading, restricted stock, stock options
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