Form 4: James Kao Reports Stock Transactions in RBB Bancorp
SEC Form 4 Filing
Director James Kao reports the vesting of restricted stock units and subsequent disposal of common stock in RBB Bancorp on May 21, 2025.
Summary
- On May 21, 2025, James Kao, a director of RBB Bancorp, reported the vesting of 4,542 restricted stock units.
- These units converted into common stock, which was then disposed of.
- Following the transaction, Kao directly owns 564,062 shares of common stock and 700 restricted stock units.
- The restricted stock units were granted on May 21, 2025, with 4,542 vesting immediately and 700 vesting in one year.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing reflecting standard executive compensation practices. It doesn't inherently indicate positive or negative sentiment regarding the company's performance.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their transactions in the company's stock. It allows investors to monitor the actions of key individuals within RBB Bancorp.
Stakeholder Impact
- Shareholders are informed about insider transactions, promoting transparency.
- The vesting of restricted stock units is part of the executive compensation package, potentially impacting employee morale.
Key Dates
| Date | Description |
|---|---|
| 05/21/2025 | Date of earliest transaction: vesting of restricted stock units and disposal of common stock. |
| 05/21/2025 | Date of grant and immediate vesting of 4,542 restricted stock units. |
| 05/22/2025 | Date of signature for the Form 4 filing. |
Keywords
RBB Bancorp, James Kao, Director, Restricted Stock Units, Vesting, Form 4, Beneficial Ownership, Common Stock
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