Form 4: RBB Bancorp COO Gary Fan Receives Equity Grant

RBB Bancorp EVP and Chief Operations Officer Gary Fan was granted restricted stock units and performance stock units on May 13, 2026.

Summary

• Gary Fan, EVP and Chief Operations Officer of RBB Bancorp, received a new grant of restricted stock units (RSUs) on May 13, 2026.
• The grant includes various tranches of RSUs and performance-based stock units (PSUs) tied to future vesting schedules and performance goals.
• The reporting person maintains direct ownership of 2,368 shares of common stock following the transaction.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a routine regulatory disclosure regarding executive compensation, which is neutral in terms of immediate market impact.

Positives

• Alignment of executive compensation with long-term shareholder value through performance-based equity incentives.
• Retention of key management personnel through multi-year vesting schedules for RSUs and PSUs.

Negatives

• Potential for future share dilution upon the vesting and settlement of the granted RSUs and PSUs.

Risks

• Vesting of performance stock units is contingent upon the achievement of specific performance goals and continued employment.
• Market volatility could impact the ultimate value realized by the executive upon vesting.

Future Outlook

The executive's compensation is structured with multi-year vesting periods extending through 2029, contingent on performance metrics and continued employment.

Management Comments

• The grants are subject to performance goals and employment conditions, with some PSUs having the opportunity to vest at 150% of the target level.

Industry Context

StockSavvy.ai notes that equity-based compensation for C-suite executives in the regional banking sector is standard practice to ensure long-term alignment with institutional performance and regulatory compliance.

Comparison to Industry Standards

• The use of performance-based stock units (PSUs) with 150% upside potential is consistent with competitive executive compensation packages in the U.S. regional banking industry.
• Multi-year vesting schedules (3-5 years) are standard for retaining senior leadership in the financial services sector.

Stakeholder Impact

• Shareholders may experience minor dilution upon the eventual vesting and issuance of shares related to these equity grants.

Next Steps

• Vesting of various RSU and PSU tranches between 2027 and 2029, subject to performance and employment conditions.

Key Dates

Keywords

RBB Bancorp, Executive Compensation, Form 4, Equity Grant, Insider Transaction, Banking