Insider Trading February 19, 2026

First US Bancshares Director Executes Matched Sale and Purchase; Board Increases Buyback Authorization

John Lee McPhearson records simultaneous sale and acquisition of 1,500 shares as the bank boosts repurchase capacity and declares another quarterly dividend

By Hana Yamamoto FUSB
First US Bancshares Director Executes Matched Sale and Purchase; Board Increases Buyback Authorization
FUSB

Director John Lee McPhearson sold and re-acquired 1,500 First US Bancshares shares at $8.30 on February 18, 2026, leaving his direct and indirect holdings unchanged in net shares. Separately, the company expanded its share repurchase authorization by 1 million shares and announced a quarterly cash dividend of $0.07 per share, its 46th consecutive quarterly distribution.

Key Points

  • Director John Lee McPhearson sold and re-acquired 1,500 shares of First US Bancshares at $8.30 on February 18, 2026, with both the sale and purchase valued at $12,450.
  • After the transactions, McPhearson directly owns 10,633 shares and indirectly owns 3,000 shares through McPhearson Land Holdings, LLC.
  • The Board authorized an additional 1,000,000 shares for repurchase, adding to 1,389,972 shares already repurchased under the program approved in January 2006; 852,813 shares remain available.
  • First US Bancshares declared a quarterly cash dividend of $0.07 per share, the company’s 46th consecutive quarterly dividend, payable January 2, 2026 to shareholders of record as of December 12, 2025.

First US Bancshares reported that director John Lee McPhearson carried out an equal-value sale and purchase of common stock on February 18, 2026. McPhearson sold 1,500 shares at $8.30 each for proceeds of $12,450 and, on the same day, bought 1,500 shares at $8.30, for the same total amount of $12,450.

Following those transactions, McPhearson directly holds 10,633 shares of First US Bancshares. He also retains an indirect interest in an additional 3,000 shares through McPhearson Land Holdings, LLC.


In parallel with the insider transactions, the company announced that its Board of Directors has authorized the repurchase of an additional 1,000,000 shares under the existing buyback program. This authorization supplements the 1,389,972 shares that have already been repurchased under the program originally approved in January 2006. After the latest authorization, 852,813 shares remain available for repurchase.

First US Bancshares also declared a quarterly cash dividend of $0.07 per share, marking the 46th consecutive quarterly dividend payment. The dividend is scheduled to be paid on January 2, 2026, to holders of record as of December 12, 2025.


These filings and corporate actions together outline recent activity at First US Bancshares related to insider trading, capital allocation, and shareholder returns. The matched sale and repurchase by a director left his total direct share count unchanged in net terms, while the Board's additional buyback authorization and the declared dividend continue the company's program of returning capital to shareholders.

The information provided in the filings is limited to the transactions and corporate actions described above. Where the data is restricted, the filings do not offer further commentary on motivations or any additional context beyond the stated figures and dates.

Risks

  • The matched insider sale and purchase provide limited insight into director intent or future company direction since the net share position did not materially change - this limits interpretability for investors.
  • Available repurchase capacity is finite - 852,813 shares remain available for buyback, so the Board’s ability to repurchase additional shares under the current authorization is constrained by that remaining amount.
  • The dividend payment is fixed by declaration dates and record dates; shareholders must be holders of record by December 12, 2025 to receive the January 2, 2026 payment, which creates timing sensitivity for investors.

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