HOPKINS LYNN M 4

What Happened
Lynn M. Hopkins, EVP and CFO of RBB Bancorp (RBB), received 1,917 shares on 2026-04-22 upon conversion/vesting of restricted stock units (RSUs). The filing reports a gross value of $46,257 (1,917 shares × $24.13). To satisfy tax withholding on the vesting, 688 of those shares were surrendered/withheld (disposed) at $24.13 per share for $16,601. This was an award/vesting event (not an open-market purchase) and the withholding is a routine tax settlement.

Key Details

• Transaction date: 2026-04-22 (filed same day).
• Acquired: 1,917 shares from RSU conversion; reported values include $0 exercise price for the derivative conversion and $46,257 based on $24.13/share. (Form shows both a $0 conversion entry and a $24.13 per-share value entry.)
• Disposed (tax withholding): 688 shares at $24.13 = $16,601.
• Shares owned after transaction: not specified in this filing.
• Relevant footnote/remark: shares were issued for vesting of the 04/22/2024 RSU grant; the disposition was to settle tax withholding (see footnote F4 and the filing remark).
• Transaction codes: M = exercise/conversion of derivative (RSU conversion); F = payment of tax liability (share withholding).

Context
This was a vesting/settlement event, not a buy or directional sale by the insider. RSU conversions typically have no exercise price (reported here as $0) and companies often withhold some shares to pay taxes (a cashless settlement). Such withholding is routine and does not necessarily indicate the insider’s view on the stock.