Form 4: PCB Bancorp CEO Henry Kim Exercises Stock Options
SEC Filing
Henry Kim, President, CEO & Director of PCB Bancorp, exercised stock options to acquire 1,734 shares of common stock at $10.33 on April 3, 2025.
Summary
- On April 3, 2025, Henry Kim, the President, CEO, and Director of PCB Bancorp, exercised stock options.
- This transaction involved the acquisition of 1,734 shares of common stock at a price of $10.33 per share.
- Following the transaction, Kim directly owns 220,199 shares of common stock.
- Kim also owns 8,000 derivative securities in the form of stock options.
Sentiment
Score: 5
Explanation: The sentiment is neutral as it reflects a standard transaction of exercising stock options. It doesn't inherently indicate positive or negative performance for the company.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track management's sentiment and alignment with shareholder interests.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding executive compensation and ownership.
Key Dates
| Date | Description |
|---|---|
| 10/28/2015 | Date of grant for the stock options, which vest 60% on the third anniversary and the remainder in two equal annual installments. |
| 04/03/2025 | Date of transaction: Henry Kim exercised stock options to acquire common stock. |
| 10/28/2025 | Expiration date of the stock options. |
Keywords
Form 4, Beneficial Ownership, Stock Options, Henry Kim, PCB Bancorp, Securities Exchange Act
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.