Form 4: Robert Franko Reports RBB Bancorp Stock Transactions
Statement of Changes in Beneficial Ownership
Robert Franko, a Director at RBB Bancorp, reported the acquisition of restricted stock units and common stock on May 21, 2026.
Summary
- Robert Franko, a Director of RBB Bancorp, reported transactions involving restricted stock units (RSUs) and common stock on May 21, 2026.
- The transactions include the acquisition of 700 RSUs that vested on the one-year anniversary of their grant date (May 21, 2025).
- Additionally, 2,862 RSUs granted on May 21, 2026, vested immediately, and another 700 RSUs from the same grant will vest on the one-year anniversary.
- The filing also notes the disposal of 700 RSUs and 2,162 common stock units, with a total of 14,804 common stock units beneficially owned after these transactions.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral filing, as it primarily reports routine equity transactions and vesting schedules for a director, without indicating significant positive or negative financial events.
Positives
- Director Robert Franko received immediate vesting of 2,862 restricted stock units on May 21, 2026, indicating continued equity compensation.
- A total of 3,562 restricted stock units (2,862 immediate + 700 future vesting) were granted on May 21, 2026, suggesting ongoing incentive for management.
- The reporting person's beneficial ownership of common stock remains substantial at 14,804 units after the reported transactions.
Negatives
- The filing indicates the disposal of 700 restricted stock units and 2,162 common stock units, though the context for these disposals is not provided.
Future Outlook
The vesting of 700 restricted stock units on May 21, 2027, indicates continued equity incentive for Robert Franko.
Industry Context
StockSavvy.ai notes that this Form 4 filing by a director of RBB Bancorp is a routine disclosure of equity transactions, common in the banking sector for executive compensation and ownership reporting.
Stakeholder Impact
- Shareholders: The transactions reflect standard executive compensation practices and do not immediately suggest a change in the company's financial health or strategic direction.
Next Steps
- Vesting of 700 restricted stock units on May 21, 2027.
Key Dates
| Date | Description |
|---|---|
| 05/21/2025 | Grant date for 3,421 restricted stock units, with 700 vesting on the one-year anniversary. |
| 05/21/2026 | Transaction date for acquisition of restricted stock units and common stock; grant date for 2,862 restricted stock units with immediate vesting and 700 with future vesting. |
| 05/26/2026 | Date of signature for the Form 4 filing. |
Keywords
RBB Bancorp, Robert Franko, Form 4, SEC Filing, Restricted Stock Units, Common Stock, Beneficial Ownership, Director, Equity Compensation
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