{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-23-001161","form_type":"8-K","ticker":"FUSB","cik":"0000717806","company_name":"FIRST US BANCSHARES, INC.","filed_at":"2023-01-25T23:59:59+00:00","discovered_at":"2026-05-14T18:03:47.859892+00:00","generated_at":"2026-06-20T09:59:44.231198+00:00","sec_items":["5.02","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.35,"calibrated_materiality_score":0.35,"confidence":"high","headline":"First US Bancshares adopts 2023 cash incentive program for executives","bullets":["Target bonus: 45% of base salary for CEO James F. House, 35% for CFO Thomas S. Elley and EVP William C. Mitchell.","Performance metrics: consolidated pre-tax income (25%), ROAA (25-30%), ROATE (15-25%), and loan growth for Mitchell (15%).","Bonus can be reduced up to 35% based on regulatory rating deterioration or negative findings.","Includes a discretionary component (20% of total) based on strategic goals, shareholder return, and cost control.","Provides for recoupment if financial results are restated or performance metrics found materially inaccurate."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-23-001161","json":"https://secwatch.observer/filing/0000950170-23-001161.json","markdown":"https://secwatch.observer/filing/0000950170-23-001161.md","text":"https://secwatch.observer/filing/0000950170-23-001161.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/717806/000095017023001161/0000950170-23-001161-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/717806/000095017023001161/fusb-20230124.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-20T09:59:44.231198+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}