other
confidence high
sentiment neutral
materiality 0.25
First US Bancshares extends 401(k) blackout period to week of Oct 30 due to trustee transfer delays
FIRST US BANCSHARES, INC.
- Blackout began Sept 22, 2022; originally expected to end week of Oct 16.
- Extended to week of Oct 30 due to delays in fund and record transfer to new trustee.
- Directors and executive officers prohibited from trading company stock during blackout under SOX Section 306(a).
- Participants cannot access accounts for distributions or investment changes.