Form 4: PCB Bancorp Director Exercises Stock Options
SEC Form 4 Filing
Director Sang Young Lee exercised stock options to acquire 9,900 shares of PCB Bancorp common stock at $15.04 per share on March 26, 2025.
Summary
- On March 26, 2025, Sang Young Lee, a director of PCB Bancorp, exercised stock options.
- This transaction resulted in the acquisition of 9,900 shares of common stock at a price of $15.04 per share.
- Following the transaction, Lee directly owns 14,740 shares of common stock.
- Lee also holds 20,100 derivative securities in the form of stock options.
Sentiment
Score: 5
Explanation: The document is a standard 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.
Stakeholder Impact
- The transaction may have a minor impact on shareholders due to the increase in the number of outstanding shares.
Key Dates
| Date | Description |
|---|---|
| 03/26/2025 | Date of transaction: Director exercised stock options and acquired common stock. |
| 10/25/2033 | Expiration date of the stock options. |
Keywords
Form 4, Stock Options, Director, PCB Bancorp, Beneficial Ownership, Transaction
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.