Form 4: RBB Bancorp Officer's RSU Vesting & Tax Settlement
Insider Transaction Report
RBB Bancorp's Chief Accounting Officer, Diana Hanson, reported the vesting of 767 restricted stock units and the disposition of 275 shares for tax withholding.
Summary
- Diana Hanson, Chief Accounting Officer of RBB Bancorp, reported a transaction involving Restricted Stock Units (RSUs).
- On August 19, 2025, 767 RSUs vested, resulting in the acquisition of 767 shares of Common Stock at a price of $19.56 per share.
- Concurrently, 275 shares of Common Stock were disposed of at $19.56 per share to cover tax withholding obligations related to the RSU vesting.
- Following these transactions, Diana Hanson beneficially owns 492 shares of Common Stock directly.
- An additional 2,300 Restricted Stock Units remain unvested, which will vest in three more equal annual installments from the August 19, 2024 grant date.
Sentiment
Score: 5
Explanation: Neutral. This Form 4 reports a routine, scheduled RSU vesting and associated tax withholding, which is a standard compensation event and does not indicate positive or negative company performance or outlook.
Future Outlook
The remaining 2,300 Restricted Stock Units are scheduled to vest in three equal annual installments following the initial vesting on August 19, 2025.
Industry Context
This is a routine insider transaction filing common across all publicly traded companies, reflecting standard executive compensation practices involving equity awards.
Comparison to Industry Standards
- Not applicable, as this is a routine individual compensation event rather than a company performance metric. Such RSU vesting and tax-related dispositions are standard practice for executive compensation across various industries.
Stakeholder Impact
- Shareholders: Minor, routine dilution from RSU vesting is expected as part of compensation plans.
- Employees: Reflects standard equity compensation practices for executives.
Next Steps
- Future annual vesting installments of the remaining 2,300 Restricted Stock Units.
Key Dates
| Date | Description |
|---|---|
| 08/19/2024 | Date of RSU grant. |
| 08/19/2025 | Transaction date for RSU vesting and share disposition for tax withholding. |
| 08/21/2025 | Date of filing and signature. |
Keywords
RBB Bancorp, RBB, SEC Form 4, Restricted Stock Units, RSU vesting, Insider transaction, Diana Hanson, Chief Accounting Officer, Stock compensation, Tax withholding
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