Form 4: Frank Wong, RBB Bancorp Director, Reports Stock Unit Vesting
SEC Form 4
Director Frank Wong reports the vesting of restricted stock units in RBB Bancorp.
Summary
- On May 21, 2025, Frank Wong, a director of RBB Bancorp, reported the vesting of 2,721 restricted stock units.
- Following the transaction, Wong directly owns 4,521 shares of common stock and 700 restricted stock units.
- The restricted stock units vest in two installments: 2,721 vested immediately, and 700 will vest one year from the grant date.
Sentiment
Score: 5
Explanation: This is a neutral event, simply reporting the vesting of stock units as part of a compensation plan.
Industry Context
This is a routine disclosure related to executive compensation and is common in publicly traded companies.
Stakeholder Impact
- The vesting of restricted stock units may have a minor dilutive effect on existing shareholders.
Key Dates
| Date | Description |
|---|---|
| 05/21/2025 | Date of earliest transaction (vesting of restricted stock units). |
| 05/22/2025 | Date of signature for the Form 4 filing. |
Keywords
RBB Bancorp, Frank Wong, Director, Restricted Stock Units, Vesting, Form 4, Securities
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