Form 4: RBB Bancorp Director Geraldine Pannu Reports Stock Unit Vesting
SEC Form 4
Director Geraldine Pannu reports the vesting of restricted stock units in RBB Bancorp.
Summary
- On May 21, 2025, Geraldine Pannu, a director of RBB Bancorp, had 2,821 restricted stock units vest.
- These units were granted on the same date and vest in two installments.
- 2,821 units vested immediately, and the remaining 700 will vest one year from the grant date.
- Following the transaction, Pannu directly owns 5,721 shares of common stock and 3,521 restricted stock units.
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 equity awards, common in 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, grant, and vesting of 2,821 restricted stock units. |
| 05/22/2025 | Date of signature on the Form 4 filing. |
Keywords
RBB Bancorp, Director, Geraldine Pannu, Restricted Stock Units, Vesting, Form 4, Beneficial Ownership
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.