Form 4: RBB Bancorp Director Bill Bennett Reports Stock Unit Vesting
SEC Form 4
Director Bill Bennett reports the vesting of restricted stock units in RBB Bancorp.
Summary
- On May 21, 2025, Bill Bennett, a director of RBB Bancorp, had 2,721 restricted stock units vest.
- Following the transaction, Bennett directly owns 700 restricted stock units and 4,121 shares of common stock.
- The restricted stock units were granted on May 21, 2025, with 2,721 units vesting immediately and 700 units vesting in one year.
Sentiment
Score: 5
Explanation: This is a routine disclosure of stock unit vesting, neither particularly positive nor negative.
Industry Context
This is a standard disclosure related to executive compensation and is typical for 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 transaction and grant of restricted stock units; 2,721 units vested immediately. |
| 05/22/2025 | Date of signature on the Form 4 filing. |
Keywords
RBB Bancorp, Bill Bennett, Director, Restricted Stock Units, Vesting, Form 4, Beneficial Ownership
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