Form 4: PCB Bancorp Director Don Rhee Exercises Stock Options

Director Don Rhee exercised stock options to acquire 9,900 shares of PCB Bancorp common stock at $15.04 per share on March 27, 2025.

Summary

• On March 27, 2025, Don Rhee, a director of PCB Bancorp, exercised stock options.
• This transaction involved the acquisition of 9,900 shares of common stock at a price of $15.04 per share.
• Following the transaction, Rhee indirectly owns 409,044 shares through a family trust.
• Rhee also directly owns 20,100 derivative securities in the form of stock options.
• The exercised options were part of a grant that vests in three equal annual installments beginning one year after the grant date.
• The remaining options expire on October 25, 2033.

Sentiment

Score: 5

Explanation: The document is a neutral regulatory filing detailing an insider transaction. It doesn't inherently convey positive or negative sentiment.

Industry Context

This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the actions of company insiders and their holdings in the company's stock.

Stakeholder Impact

• The transaction has a minor impact on shareholders as it slightly increases the number of outstanding shares.

Key Dates

Keywords

Form 4, Beneficial Ownership, Stock Options, Director, PCB Bancorp, Rhee Don