First US Bancshares elects Staci M. Pierce and Tracy E. Thompson to board

FIRST US BANCSHARES, INC.

Board expanded from 10 to 12 directors; elections effective Nov 20, 2024.
Pierce is CEO of Action Enterprise Holdings; Thompson is CEO of Focus Health Group.
Pierce appointed to Compensation Committee; Thompson to chair Tennessee New Business Committee.
Both directors determined independent under Nasdaq listing standards.
Standard director indemnification agreements executed with each new director.

item 1.01 item 5.02 item 8.01 item 9.01

Executive movements

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Appointed

Tracy E. Thompson

Director

FUSB · FIRST US BANCSHARES, INC.

Effective: 2024-11-20
Filed: November 20, 2024, 6:59 PM ET

On November 20, 2024, the Board of Directors (the “Board”) of the Company, upon the recommendation of the Board’s Nominating and Corporate Governance Committee, voted unanimously to increase the size of the Board from ten (10) to twelve (12) directors and to elect Staci M. Pierce and Tracy E. Thompson to fill the two vacancies created by the increase in the size of the Board, effective as of November 20, 2024.

Appointed

Staci M. Pierce

Director

FUSB · FIRST US BANCSHARES, INC.

Effective: 2024-11-20
Filed: November 20, 2024, 6:59 PM ET

On November 20, 2024, the Board of Directors (the “Board”) of the Company, upon the recommendation of the Board’s Nominating and Corporate Governance Committee, voted unanimously to increase the size of the Board from ten (10) to twelve (12) directors and to elect Staci M. Pierce and Tracy E. Thompson to fill the two vacancies created by the increase in the size of the Board, effective as of November 20, 2024.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Tracy E. Thompson was elected as Director at FIRST US BANCSHARES, INC..

Action: elected
Role: Director

Exact text from the filing

On November 20, 2024, the Board of Directors (the “Board”) of the Company, upon the recommendation of the Board’s Nominating and Corporate Governance Committee, voted unanimously to increase the size of the Board from ten (10) to twelve (12) directors and to elect Staci M. Pierce and Tracy E. Thompson to fill the two vacancies created by the increase in the size of the Board, effective as of November 20, 2024.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Staci M. Pierce was elected as Director at FIRST US BANCSHARES, INC..

Action: elected
Role: Director

Exact text from the filing

On November 20, 2024, the Board of Directors (the “Board”) of the Company, upon the recommendation of the Board’s Nominating and Corporate Governance Committee, voted unanimously to increase the size of the Board from ten (10) to twelve (12) directors and to elect Staci M. Pierce and Tracy E. Thompson to fill the two vacancies created by the increase in the size of the Board, effective as of November 20, 2024.

View on SEC.gov

FIRST US BANCSHARES, INC. filing history →

Source: SEC EDGAR

accession 0000950170-24-129326

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