Yeh Jeffrey 4

What Happened

• Jeffrey Yeh, Executive Vice President of RBB Bancorp (RBB), had 1,465 restricted stock units convert into common shares on 2026-05-08, valued at $24.05 each (total ~$35,233). To satisfy withholding obligations, 526 of those shares were surrendered/withheld (valued at $12,650). Net shares retained from this vesting: 939 shares ($22,583).

Key Details

• Transaction date: 2026-05-08.
• Shares issued (conversion/exercise of derivative): 1,465 @ $24.05 = $35,233.
• Shares withheld for taxes (payment of tax liability): 526 @ $24.05 = $12,650.
• Net shares received: 939 (approx. $22,583).
• Filing appears to have been made on 2026-05-08 (timely relative to the reported date).
• Remarks/footnotes: Shares were issued for vesting of a 05/08/2025 RSU grant; remaining awards and performance stock units are subject to various vesting and performance conditions (see footnotes F1–F6 in the filing). The F-code (tax withholding) indicates a cashless share withholding to cover tax obligations.

Context

• This was not a market purchase or sale signaling a trading decision by the executive; it reflects routine compensation (RSU vesting) and the standard practice of withholding shares to pay taxes.
• The filing shows conversion/exercise of derivative instruments into common stock (reported as M and a $0.00 derivative disposition line), which is typical when RSUs/PSUs convert to shares.
• No indication in the provided data that this was a 10% owner transaction, a gift, or part of a 10b5-1 plan.