USCB Financial Holdings Updates Change in Control Agreements for Executives

Reuters
2025/12/24
USCB Financial Holdings Updates Change in Control Agreements for Executives

USCB Financial Holdings Inc. announced that U.S. Century Bank, its wholly owned subsidiary, has entered into an amended and restated change in control agreement with Executive Vice President and Chief Lending Officer Nicholas Bustle, effective December 19, 2025. Under the new agreement, if a change in control occurs while Bustle is employed by the bank, he will receive a lump sum payment equal to one times his annual base salary from the year prior to the change in control, payable within 30 days of the transaction’s completion. The agreement has an initial term ending December 31, 2028, with potential one-year extensions starting December 31, 2026, subject to board approval. A similar agreement has also been signed with Executive Vice President and Chief Credit Officer William Turner, and the bank expects to enter into similar agreements with other executive officers.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. USCB Financial Holdings Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0000927089-25-000220), on December 23, 2025, and is solely responsible for the information contained therein.

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