Huang Tsu Te 4

What Happened

• Huang Tsu Te, Executive Vice President of RBB Bancorp (RBB), had 671 restricted stock units (RSUs) vest on 2026-05-08. The vested shares had a reported value of $24.05 each (671 shares ≈ $16,138).
• To satisfy tax-withholding obligations, 241 of those shares were surrendered/withheld (241 shares ≈ $5,796), leaving a net issuance of 430 shares to the insider. This is compensation vesting, not an open-market purchase or sale.

Key Details

• Transaction date: 2026-05-08.
• Reported prices/values: 671 shares @ $24.05 = $16,138; 241 shares @ $24.05 = $5,796 (withheld for taxes).
• Net shares received by insider: 430 shares (671 vested − 241 withheld).
• Transaction codes: M = exercise/conversion of derivative (conversion/issuance of RSUs to shares); F = payment of tax liability via share withholding.
• Shares owned after transaction: not specified in the filing.
• Footnotes of note:
  • F1: Once RSUs vest there is no expiration date.
  • F2: Some remaining RSUs vest on 02/21/2027.
  • F3: Other remaining RSUs vest in three equal annual installments on 05/08/2027, 05/08/2028 and 05/08/2029.
• Filing timeliness: Report filed on 2026-05-08 (same date as transaction), indicating a timely disclosure.

Context

• This was a routine compensation vesting event (RSU issuance) where a portion of shares was withheld to meet tax obligations. Such withholding sales are administrative and do not necessarily indicate the insider’s market view.
• For retail investors: purchases or open-market sales by insiders may be more informative about sentiment; RSU vesting with standard tax-withholding is a common occurrence tied to compensation.