USCB Financial Holdings, Inc. - Form 8-K Filing

2025-12-23SEC Filing 8-K (0000927089-25-000220)

USCB Financial Holdings, Inc. (the "Company") and its wholly owned subsidiary, U.S. Century Bank (the "Bank"), have entered into an amended and restated change in control agreement with Nicholas Bustle, Executive Vice President and Chief Lending Officer of the Bank. This agreement, effective December 19, 2025, replaces a prior agreement from May 17, 2019. The new agreement has an initial term ending December 31, 2028, with potential one-year extensions. In the event of a change in control, as defined in the agreement, the Bank will pay Mr. Bustle a lump sum equal to 1.0 times his annual base salary from the preceding year. This payment is not contingent on continued employment post-change in control and is consistent with the previous agreement's severance structure. The definition of "change in control" has been updated to align with other company agreements, and certain regulatory provisions have been revised. Similar agreements are being or will be entered into with other executive officers.

Ticker mentioned:USCB