UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of report (Date of earliest event reported): April 25, 2024

 

	First US Bancshares, Inc.

(Exact Name of Registrant as Specified in Charter)

 

Delaware	0-14549	63-0843362
(State or Other Jurisdiction of Incorporation)	(Commission File Number)	(IRS Employer Identification No.)

 

3291 U.S. Highway 280

Birmingham, Alabama 35243

(Address of Principal Executive Offices, including Zip Code)

Registrant’s telephone number, including area code: (205) 582-1200

N/A

(Former Name or Former Address, if Changed Since Last Report)

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class	Trading Symbol(s)	Name of each exchange on which registered
Common Stock, $0.01 par value	FUSB	The Nasdaq Stock Market LLC

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§230.405 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

 

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Item 5.07	Submission of Matters to a Vote of Security Holders.

 

First US Bancshares, Inc. (the “Company”) held its 2024 Annual Meeting of Shareholders (the “Annual Meeting”) on April 25, 2024. Summarized below are descriptions of the matters voted on at the Annual Meeting and the final results of such voting:

Proposal 1 – Election of Directors. The shareholders elected each of the director nominees to serve as directors during the ensuing year. The voting for the directors at the Annual Meeting was as follows:

Name	Votes For	Withhold Authority	Broker Non-Votes
Robert Stephen Briggs	2,885,306	397,056	923,497
Sheri S. Cook	2,883,924	398,438	923,497
John C. Gordon	2,857,028	425,334	923,497
David P. Hale	2,896,610	385,752	923,497
James F. House	2,879,549	402,813	923,497
Marlene M. McCain	2,889,608	392,754	923,497
J. Lee McPhearson	2,892,047	390,315	923,497
Jack W. Meigs	2,870,293	412,069	923,497
Aubrey S. Miller	2,898,892	383,470	923,497
Bruce N. Wilson	2,905,002	377,360	923,497

Proposal 2 – Ratification of the Appointment of Carr, Riggs& Ingram, LLC as the Company’s Independent Registered Public Accountants for the Year Ending December 31, 2024. The shareholders ratified the appointment of Carr, Riggs& Ingram, LLC as the Company’s independent registered public accountants for the year ending December 31, 2024. The result of the vote taken at the Annual Meeting was as follows:

Votes For	Votes Against	Abstain
4,175,736	7,890	22,233

Proposal 3 – Advisory Approval of Executive Compensation. The shareholders adopted a resolution approving, on an advisory basis, the compensation paid to the Company’s named executive officers, as disclosed in the Company’s 2024 Proxy Statement pursuant to the compensation disclosure rules of the Commission. The result of the vote taken at the Annual Meeting was as follows:

 

Votes For	Votes Against	Abstain	Broker Non-Votes
2,808,533	417,019	56,810	923,497

Item 9.01	Financial Statements and Exhibits.

 

(d)	Exhibits.

 

Exhibit Number	Exhibit
104	Cover Page Interactive Data File (embedded within the Inline XBRL document)

 

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SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

Dated: April 26, 2024	FIRST US BANCSHARES, INC.
	By:	/s/ Beverly J. Dozier
	Name:	Beverly J. Dozier
		Senior Vice President, Secretary, and
		Assistant Treasurer

 

 

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