Form 4: RBB Bancorp EVP/CFO Lynn Hopkins Reports Stock Transactions Following RSU Vesting
SEC Form 4 Filing
Lynn Hopkins, EVP/CFO of RBB Bancorp, reports the vesting of restricted stock units (RSUs) and subsequent transactions to cover tax obligations.
Summary
- On March 21, 2025, Lynn Hopkins, EVP/CFO of RBB Bancorp, reported transactions related to the vesting of restricted stock units (RSUs).
- 1,878 shares of common stock were acquired upon the vesting of RSUs at a price of $17.07.
- 772 shares were disposed of to cover tax withholding obligations related to the RSU vesting, also at $17.07.
- Following these transactions, Hopkins directly owns 1,106 shares of RBB Bancorp common stock.
- Hopkins also holds derivative securities including 3,756 Restricted Stock Units, 8,451 Performance Stock Units, and 9,583 Restricted Stock Units from previous grants.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions, with no inherent positive or negative sentiment.
Future Outlook
The document does not contain any specific forward-looking statements or guidance.
Industry Context
This Form 4 filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies. It provides transparency into the transactions of company insiders.
Stakeholder Impact
- Shareholders are informed about the stock transactions of a key executive.
- The transactions have a minor impact on the company's outstanding shares.
Key Dates
| Date | Description |
|---|---|
| 03/20/2024 | Date of grant for restricted stock units vesting in three equal annual installments. |
| 03/20/2024 | Start date of three-year period for performance stock units vesting. |
| 04/22/2024 | Date of grant for restricted stock units vesting in five equal annual installments. |
| 03/21/2025 | Date of transaction: RSU vesting and tax obligation settlement. |
Keywords
RBB Bancorp, Lynn Hopkins, RSU Vesting, Form 4, Stock Transactions, EVP/CFO, Beneficial Ownership, Restricted Stock Units, Performance Stock Units
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