Form 4: Joyce Wong Lee Reports Vested Restricted Stock Units in RBB Bancorp
SEC Form 4 Filing
Director Joyce Wong Lee reports the vesting of 700 restricted stock units in RBB Bancorp on May 15, 2025.
Summary
- Joyce Wong Lee, a director of RBB Bancorp, reported a transaction involving restricted stock units.
- On May 15, 2025, 700 restricted stock units vested.
- These units stem from a grant made on May 15, 2024, which vested one year later.
- Following the transaction, Ms. Lee directly owns 46,683 shares of RBB Bancorp common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing regarding the vesting of stock units, indicating a neutral sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and is typical for publicly traded companies. It provides transparency regarding the equity holdings of company insiders.
Stakeholder Impact
- The vesting of restricted stock units may have a minor dilutive effect on existing shareholders.
Key Dates
| Date | Description |
|---|---|
| 05/15/2024 | Date of grant for the restricted stock units |
| 05/15/2025 | Date of vesting for the restricted stock units |
| 05/16/2025 | Date of signature for the Form 4 report |
Keywords
RBB Bancorp, Joyce Wong Lee, restricted stock units, vesting, Form 4, director, RBB
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