RBB.NASDAQRbb Bancorp
Form 4: RBB Bancorp Director Christina Kao Reports Stock Unit Vesting
Sentiment:
SEC Form 4
Director Christina Kao reports the vesting of restricted stock units in RBB Bancorp.
Summary
- On May 16, 2024, Christina Kao, a director of RBB Bancorp, reported the vesting of 5,447 common stock units.
- Following the transaction, Kao directly owns 217,910 shares of RBB Bancorp common stock.
- The transaction involved the vesting of restricted stock units (RSUs).
- Kao received 1,600 restricted stock units, with 900 vesting immediately and 700 vesting in one year.
- Additionally, 4,547 restricted stock units vested immediately.
Sentiment
Score: 5
Explanation: This is a neutral report on stock unit vesting, a normal part of executive compensation.
Industry Context
This is a routine disclosure related to executive compensation and is typical for publicly traded companies.
Stakeholder Impact
- The vesting of stock units aligns the director's interests with those of the shareholders.
Key Dates
| Date | Description |
|---|---|
| 05/16/2024 | Date of transaction and vesting of restricted stock units |
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