FIRST US BANCSHARES, INC.
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On January 29, 2025, Mr. John C. Gordon, a member of the Board of Directors (the “Board”) of First US Bancshares, Inc. (the “Company”), notified the Company of his resignation as a director of the Company effective January 31, 2025.
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John C. Gordon resigned as Director at FIRST US BANCSHARES, INC..
On January 29, 2025, Mr. John C. Gordon, a member of the Board of Directors (the “Board”) of First US Bancshares, Inc. (the “Company”), notified the Company of his resignation as a director of the Company effective January 31, 2025.View on SEC.gov
FIRST US BANCSHARES, INC.: Bylaw amended to allow Board to annually waive mandatory retirement age of 75 for non-employee directors (effective 2025-01-29).
Also on January 29, 2025, the Board adopted an amendment to the Amended and Restated Bylaws of the Company (as amended, the “Bylaws”), effective on such date. Previously, the Bylaws provided that if a non-employee director attains the age of seventy-five (75) years during his or her term as a director, he or she may complete his or her then current term but may not stand for election or re-election as a director of the Company thereafter. The Board is amending the Bylaws to provide that the Board may vote, on an annual basis, to waive this mandatory retirement age for a non-employee director.View on SEC.gov
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