Form 4: RBB Bancorp EVP Jeffrey Yeh Reports Stock Vesting and Tax Withholding
SEC Form 4 Filing
Jeffrey Yeh, EVP of RBB Bancorp, reports the vesting of restricted stock units and the disposal of shares for tax withholding obligations.
Summary
- On March 21, 2025, Jeffrey Yeh, EVP of RBB Bancorp, reported the vesting of 1,326 shares of common stock at a price of $17.07.
- Concurrently, 475 shares were disposed of at the same price to cover tax withholding obligations.
- Following these transactions, Yeh directly owns 56,800 shares of RBB Bancorp common stock.
- The report also details Yeh's holdings of various restricted stock units (RSUs) and performance stock units (PSUs) with different vesting schedules.
Sentiment
Score: 7
Explanation: The document reflects a routine executive compensation event (stock vesting). It's neutral to slightly positive as it indicates continued alignment of executive interests with shareholder value.
Future Outlook
The document does not contain specific forward-looking statements beyond the vesting schedules of the RSUs and PSUs.
Industry Context
This filing is a routine disclosure related to executive compensation and is typical for publicly traded companies. It provides transparency into the equity holdings and transactions of company insiders.
Stakeholder Impact
- The vesting of stock options aligns the executive's interests with those of the shareholders.
- The transactions have a minor impact on the total number of outstanding shares.
Key Dates
| Date | Description |
|---|---|
| 01/18/2023 | Date of grant for some restricted stock units that vest in three equal annual installments beginning one year after this date. |
| 02/21/2024 | Date of grant for some restricted stock units that vest in three equal annual installments beginning one year after this date. |
| 03/20/2024 | Date of grant for some restricted stock units that vest in three equal annual installments beginning one year after this date and the start date for the three-year period for performance stock units. |
| 03/21/2025 | Date of transaction: vesting of restricted stock units and disposal of shares for tax withholding. |
Keywords
RBB Bancorp, Jeffrey Yeh, RSU, Vesting, Form 4, SEC, Stock, PSU, Tax Withholding
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