UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of report (Date of earliest event reported):
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(Exact Name of Registrant as Specified in Charter)
(State or Other Jurisdiction of Incorporation) |
(Commission File Number) |
(IRS Employer Identification No.) |
(Address of Principal Executive Offices, including Zip Code)
Registrant’s telephone number, including area code: (
N/A
(Former Name or Former Address, if Changed Since Last Report)
Securities registered pursuant to Section 12(b) of the Act:
Title of each class |
Trading Symbol(s) |
Name of each exchange on which registered |
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§230.405 of this chapter).
Emerging growth company
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 8.01 |
Other Events. |
On December 26, 2023, First US Bancshares, Inc. (the “Company”) repurchased 137,500 shares of its common stock, par value $0.01 per share, in a privately negotiated transaction for an aggregate purchase price of $1,421,750. The repurchase was made under the Company’s previously announced stock repurchase program pursuant to which 459,313 shares of common stock may yet be repurchased.
Item 9.01 |
Financial Statements and Exhibits. |
(d) |
Exhibits. |
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Exhibit Number |
Exhibit |
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104 |
Cover Page Interactive Data File (embedded within the Inline XBRL document) |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Dated: December 26, 2023 |
FIRST US BANCSHARES, INC. |
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By: |
/s/ Thomas S. Elley |
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Name: |
Thomas S. Elley |
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Senior Executive Vice President, Treasurer and Assistant Secretary, Chief Financial Officer and Principal Accounting Officer |
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Document and Entity Information |
Dec. 26, 2023 |
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| Cover [Abstract] | |
| Document Type | 8-K |
| Amendment Flag | false |
| Document Period End Date | Dec. 26, 2023 |
| Entity Registrant Name | First US Bancshares, Inc. |
| Entity Central Index Key | 0000717806 |
| Entity Incorporation, State or Country Code | DE |
| Entity File Number | 0-14549 |
| Entity Tax Identification Number | 63-0843362 |
| Entity Address, Address Line One | 3291 U.S. Highway 280 |
| Entity Address, City or Town | Birmingham |
| Entity Address, State or Province | AL |
| Entity Address, Postal Zip Code | 35243 |
| City Area Code | 205 |
| Local Phone Number | 582-1200 |
| Title of 12(b) Security | Common Stock, $0.01 par value |
| Trading Symbol | FUSB |
| Security Exchange Name | NASDAQ |
| Written Communications | false |
| Soliciting Material | false |
| Pre-commencement Tender Offer | false |
| Pre-commencement Issuer Tender Offer | false |
| Entity Emerging Growth Company | false |