Form 4: RBB Bancorp Director Scott Polakoff Reports Stock Unit Vesting
SEC Form 4
Director Scott Polakoff reports the vesting of restricted stock units in RBB Bancorp.
Summary
- On May 21, 2025, Scott Polakoff, a director of RBB Bancorp, had 3,632 restricted stock units vest.
- These units were granted on the same date and vest in two installments: 3,632 immediately and 700 in one year.
- Following the transaction, Polakoff directly owns 700 restricted stock units and 12,644 shares of common stock.
Sentiment
Score: 5
Explanation: This is a routine disclosure of stock unit vesting, neither particularly positive nor negative.
Future Outlook
The remaining 700 restricted stock units will vest one year from the grant date (May 21, 2025).
Industry Context
This is a standard 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 earliest transaction, grant date, and vesting of 3,632 restricted stock units |
| 05/22/2025 | Date of signature for the Form 4 filing |
Keywords
RBB Bancorp, Scott Polakoff, Director, Restricted Stock Units, Vesting, Form 4, Beneficial Ownership
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