Yeh Jeffrey 4

What Happened
Jeffrey Yeh, Executive Vice President of RBB Bancorp, had restricted stock units (RSUs) vest and converted those derivative awards into common shares on 2026-01-16. The Form 4 shows two related derivative transactions: 842 shares acquired at $0.00 (conversion of RSUs) and 842 shares acquired at $21.56 per share for a reported amount of $18,154. The filing’s remarks state these shares were issued for vesting of the 01/18/2023 RSU grant.

Key Details

• Transaction date: 2026-01-16; Form filed: 2026-01-21.
• Reported transactions (code M = exercise/conversion of derivative):
  • 842 shares acquired at $0.00 (conversion of derivative/RSUs).
  • 842 shares acquired at $21.56 — total $18,154 (reported in the filing; consistent with shares withheld/surrendered for consideration or tax withholding).
• Relevant footnotes: F2 — these RSUs were granted 01/18/2023 and vest in three equal annual installments beginning one year after the grant. F1 — no expiration date once RSUs vest.
• Shares owned after transaction: not specified in the provided filing extract.
• No 10b5-1 plan or late-filing flag is indicated in the provided data (filing date is 2026-01-21).

Context
This was a conversion/vesting of RSUs (derivative → common shares). The split entries (one at $0.00 and one at $21.56) typically reflect the gross issuance of vested RSU shares and simultaneous withholding or surrender of a portion of shares to cover tax withholding or exercise consideration; the Form 4 here shows 842 shares in each line. Such vesting is compensatory (an award settlement), not an open-market purchase or voluntary sale, and does not by itself indicate a buy/sell sentiment.