First US Bancshares Inc. filed SEC Form 8-K: Leadership Update, Financial Statements and Exhibits

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): May 21, 2025

(Exact Name of Registrant as Specified in Charter)

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:

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:

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. ☐

(c) Appointment of Principal Accounting Officer

On May 21, 2025, the Board of Directors (the “Board”) of First US Bancshares, Inc. (the “Company”) appointed Matthew A. Parker as the Company’s principal accounting officer. Mr. Parker serves as the Company’s Senior Vice President, Principal Accounting Officer and Director of Financial Reporting.

Mr. Parker, age 36, has most recently served as the Director of Financial Reporting for First US Bank (the “Bank”), a banking corporation wholly owned by the Company, a position he has held since December 2021. From August 2017 to December 2021, Mr. Parker served as the Controller of Acceptance Loan Company, Inc., a consumer finance company wholly owned by the Bank. Mr. Parker holds a Bachelor of Arts in Accounting from Franklin College and is a Certified Public Accountant.

There is no familial relationship between Mr. Parker and any executive officer or director of the Company, and there are no arrangements or understandings between Mr. Parker and any other persons pursuant to which he was appointed. There are no transactions in which the Company was or is to be a participant and in which Mr. Parker had or will have a direct or indirect material interest that are required to be reported pursuant to Item 404(a) of Regulation S-K.

In connection with the foregoing, effective May 21, 2025, Thomas S. Elley no longer serves as the Company’s principal accounting officer. Mr. Elley will continue to serve as the Senior Executive Vice President, Chief Financial Officer, Treasurer and Assistant Secretary of the Company.

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.