---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-048523"
form_type: "8-K"
ticker: "FUSB"
cik: "0000717806"
company_name: "FIRST US BANCSHARES, INC."
filed_at: "2026-02-12T23:59:59+00:00"
generated_at: "2026-05-16T03:09:28.590726+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.35
calibrated_materiality_score: 0.35
confidence: "high"
source: SEC EDGAR
---

# First US Bancshares establishes 2026 cash incentive program for NEOs; CEO target 45% of salary

## Summary
- CEO House target bonus 45% of 2026 base salary; CFO Elley and Mitchell at 35%.
- Performance metrics: pre-tax income (25%), ROAA (30% for House/Elley), ROATE (25% for House/Elley), loan growth (15% for Mitchell).
- Threshold payout at 80% of budget yields 50% of target; maximum at 120% yields 150% of target.
- Bonus subject to up to 35% reduction based on regulatory rating deterioration.
- Program includes recoupment provisions for financial restatements or bad-faith conduct.

## SEC filing metadata
- accession: 0001193125-26-048523
- form_type: 8-K
- ticker: FUSB
- cik: 0000717806
- company_name: FIRST US BANCSHARES, INC.
- filed_at: 2026-02-12T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.35
- calibrated_materiality_score: 0.35
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/717806/000119312526048523/0001193125-26-048523-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/717806/000119312526048523/fusb-20260209.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-048523
- JSON: https://secwatch.observer/filing/0001193125-26-048523.json
- Plain text: https://secwatch.observer/filing/0001193125-26-048523.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.