Form 4: PCB Bancorp CEO Henry Kim Exercises Stock Options
SEC Form 4 Filing
Henry Kim, President, CEO, and Director of PCB Bancorp, exercised stock options to acquire 5,000 shares of common stock at $10.33 per share on March 28, 2025.
Summary
- On March 28, 2025, Henry Kim, the President, CEO, and Director of PCB Bancorp, exercised stock options.
- This transaction involved the acquisition of 5,000 shares of common stock at a price of $10.33 per share.
- Following the transaction, Kim directly owns 218,465 shares of common stock.
- Kim also directly owns 9,734 derivative securities (stock options).
Sentiment
Score: 5
Explanation: Neutral sentiment as it's a standard disclosure of an insider transaction. The exercise of options is part of the executive's compensation package.
Industry Context
Form 4 filings are standard disclosures required by the SEC when company insiders, like the CEO, trade in their company's stock. This provides transparency to the market.
Stakeholder Impact
- The transaction has a minor impact on shareholders as it increases the number of outstanding shares slightly.
Key Dates
| Date | Description |
|---|---|
| 10/28/2015 | Date of grant for the stock options, which vest 60% on the third anniversary of this date and in two equal annual installments thereafter. |
| 03/28/2025 | Date of transaction: Henry Kim exercised stock options to acquire 5,000 shares of common stock. |
| 04/03/2025 | Date of signature for the Form 4 filing. |
| 10/28/2025 | Expiration date of the stock options exercised on 03/28/2025. |
Keywords
Form 4, Beneficial Ownership, Stock Options, Henry Kim, PCB Bancorp, Executive Compensation
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