4/A: RBB Bancorp Director Frank Wong Amends Form 4 Filing to Correctly Reflect Securities Ownership
SEC Filing
Frank Wong, a director at RBB Bancorp, amended his Form 4 filing to accurately reflect the total amount of securities beneficially owned following a transaction involving restricted stock units.
Summary
- Frank Wong, a director of RBB Bancorp, filed an amended Form 4 with the SEC.
- The amendment, dated June 3, 2024, corrects the total amount of securities beneficially owned after a transaction on May 16, 2024.
- The transaction involved the acquisition of 900 common stock shares and disposal of 1,100 common stock shares.
- The transaction also involved restricted stock units, with 900 units vesting immediately and 700 vesting in one year from the grant date.
Sentiment
Score: 7
Explanation: The document is a routine regulatory filing. The sentiment is neutral as it simply corrects a previous filing.
Industry Context
Form 4 filings are standard practice for company insiders to report changes in their beneficial ownership of company securities, ensuring transparency and compliance with SEC regulations.
Stakeholder Impact
- The amended filing ensures accurate information is available to shareholders regarding insider ownership.
Key Dates
| Date | Description |
|---|---|
| 05/16/2024 | Date of the transaction involving common stock and restricted stock units. |
| 05/17/2024 | Date of original filing. |
| 06/03/2024 | Date of the amended filing. |
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