Form 4: RBB Bancorp Director Robert Franko Reports Stock Unit Vesting
SEC Form 4
Director Robert Franko reports the vesting of restricted stock units in RBB Bancorp.
Summary
- On May 21, 2025, Robert Franko, a director of RBB Bancorp, reported the vesting of 2,721 restricted stock units.
- Following the transaction, Franko directly owns 700 restricted stock units and 11,942 shares of common stock.
- The restricted stock units vest in two installments: 2,721 vested immediately on the grant date, and 700 will vest one year from the grant date.
Sentiment
Score: 5
Explanation: This is a neutral report on stock unit vesting, with no inherent positive or negative sentiment.
Industry Context
This is a routine 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: Vesting of restricted stock units and grant date. |
| 05/22/2025 | Date of signature. |
Keywords
RBB Bancorp, Robert Franko, Director, Restricted Stock Units, Vesting, Form 4, Securities
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