Yeh Jeffrey 4
4 · RBB Bancorp · Filed Mar 24, 2026
Research Summary
AI-generated summary of this filing
RBB Bancorp EVP Jeffrey Yeh Receives 1,326 Shares (RSU Vesting)
What Happened
- Jeffrey Yeh, Executive Vice President of RBB Bancorp (RBB), had 1,326 shares issued on 2026-03-20 due to the vesting/conversion of restricted stock units (RSUs). The gross value of those issued shares, based on $20.43/share, is $27,090.
- To satisfy tax withholding on the vesting, 476 of those shares were surrendered/withheld at $20.43/share for $9,725 (a “sell-to-cover”/tax withholding). Net new shares retained by Yeh from this event = 850 shares.
Key Details
- Transaction date: 2026-03-20; filing date: 2026-03-24 (filed within the required two business days).
- Prices and values: 1,326 shares @ $20.43 = $27,090 (issued); 476 shares withheld @ $20.43 = $9,725 (tax payment).
- Transaction codes: M = exercise/conversion of a derivative (RSU conversion to common shares); F = payment of tax liability via share withholding.
- Net effect: +850 shares added to Yeh’s holdings from this vesting event.
- Shares owned after transaction: not specified in the Form 4.
- Relevant footnotes: these shares relate to a 03/20/2024 RSU grant that vests in three equal annual installments (footnote F3); once RSUs vest there is no expiration (F1). Filing remarks confirm the shares were issued for RSU vesting and some were used to settle tax withholding.
Context
- This was not an open-market purchase or sale but the routine settlement of equity awards (RSU vesting) with a portion withheld for taxes (common "sell-to-cover"/withholding). Such transactions are standard compensation events and do not by themselves signal a buy or sell decision by the insider.
Insider Transaction Report
Form 4
RBB BancorpRBB
Yeh Jeffrey
EVP
Transactions
- Exercise/Conversion
Common Stock, No Par Value
2026-03-20$20.43/sh+1,326$27,090→ 59,510 total - Tax Payment
Common Stock, No Par Value
2026-03-20$20.43/sh−476$9,725→ 59,034 total - Exercise/Conversion
Restricted Stock Units
[F3][F1][F7]2026-03-20−1,326→ 1,326 totalExercise: $20.43→ Common Stock (2,652 underlying)
Holdings
- 921
Restricted Stock Units
[F2][F1][F7]Exercise: $0.00→ Common Stock (921 underlying) - 5,967
Performance Stock Units
[F4][F1][F7]Exercise: $0.00→ Common Stock (5,967 underlying) - 4,394
Restricted Stock Units
[F5][F1][F7]Exercise: $0.00→ Common Stock (4,394 underlying) - 6,589
Performance Stock Units
[F6][F1][F7]Exercise: $0.00→ Common Stock (6,589 underlying)
Footnotes (7)
- [F1]There will be no expiration date once restricted stock units vest.
- [F2]These restricted stock units vest in three equal annual installments beginning one year after the 02/21/2024 date of grant.
- [F3]These restricted stock units vest in three equal annual installments beginning one year after the 03/20/2024 date of grant.
- [F4]These performance stock units ("PSUs") will vest conditionally on the achievement of certain performance goals and an employment condition. The reported PSUs will vest at the expiration of a three-year period beginning on 03/20/2024 subject to the Reporting Person's satisfaction of the employment condition.
- [F5]These restricted stock units vest in three equal annual installments beginning one year after the 05/08/2025 date of grant.
- [F6]Performance Stock Units ("PSUs") to vest conditionally on the achievement of certain performance goals and an employment condition. The PSUs are awarded at a target level and have the opportunity to vest at 150% of such target level; The reported PSUs represent the maximum award that may be achieved and ultimately vest. The reported PSUs will vest at the expiration of a three-year period beginning on 05/08/2025 subject to the Reporting Person's satisfaction of the employment condition.
- [F7]On May 12, 2025 due to an administrative error, the Reporting Person filed a Form 4 which inadvertently omitted information from the transactional columns in Table II and overstated the amount of RSUs and PSUs granted to the Reporting Person on May 8, 2025. The Form 4 has also been amended to clarify that grants of RSUs and PSUs will be settled in common stock.
Signature
/s/ Jeffrey Yeh|2026-03-24