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RBB Bancorp·4/A

Jan 22, 7:45 PM ET

Yeh Jeffrey 4/A

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RBB Bancorp (RBB) EVP Jeffrey Yeh Receives Equity Awards

What Happened
Jeffrey Yeh, Executive Vice President of RBB Bancorp (RBB), received two equity awards on May 8, 2025: 4,394 and 6,589 derivative awards (total 10,983 shares) reported at $0 per share (transaction code A = award/grant). These awards are restricted stock units (RSUs) and performance stock units (PSUs) that will vest over time or upon satisfaction of performance and employment conditions. The filing is an amended Form 4 (filed 2026-01-22) correcting an earlier administrative error and clarifying that the awards will be settled in common stock.

Key Details

  • Transaction date(s): 2025-05-08 (reported via amended Form 4 on 2026-01-22). An initial Form 4 was filed May 12, 2025 but omitted information (see F8).
  • Amounts and price: 4,394 shares @ $0 and 6,589 shares @ $0 (derivative awards; total = 10,983).
  • Transaction code: A (Grant/Award).
  • Shares owned after transaction: Not specified in this amended filing.
  • Notable footnotes:
    • F6: RSUs vest in three equal annual installments beginning one year after the 05/08/2025 grant.
    • F7: PSUs vest based on performance and employment; awards reported at the maximum potential (up to 150% of target) and vest after a three-year performance period beginning 05/08/2025.
    • F1/F2/F3/F4/F5: describe vesting rules and past grants (for context on other awards).
    • F8: Amended because a May 12, 2025 Form 4 omitted transaction details and overstated some grants; amendment clarifies settlement in common stock.
    • Remark: Corrects remaining RSUs from a 03/20/2024 grant — should be 2,652 not 2,143.
  • Timeliness: This is an amended filing correcting earlier reporting errors; the underlying grants were made on 05/08/2025.

Context
RSUs are time-based restricted shares that convert to common stock when vested; PSUs are performance-contingent awards that only vest if specified goals and employment conditions are met (these PSUs were reported at maximum potential). Because these are compensation awards reported at $0, they are not cash purchases or sales and do not represent an immediate market buy/sell. Amended filings like this correct prior reporting mistakes; they do not by themselves indicate insider sentiment or trading intent.