RBB Bancorp Announces COO Gary Fan to Depart Sept 30, 2026

What Happened
RBB Bancorp (the Company) filed an 8‑K announcing that Gary Fan, Executive Vice President and Chief Operations Officer of its subsidiary Royal Business Bank (the Bank), will conclude his tenure with the Bank effective September 30, 2026. On August 31, 2026 the Company and Mr. Fan mutually decided not to renew his employment agreement beyond its current expiration date of December 4, 2026; the non‑renewal was made as part of the Bank’s leadership transition plan.

Key Details

• Mr. Gary Fan will leave Royal Business Bank effective September 30, 2026.
• The mutual decision not to renew his employment agreement was made on August 31, 2026; the agreement’s current expiration date is December 4, 2026.
• Upon departure, Mr. Fan is entitled to severance equal to six months of his current annual base salary.
• Payment of the severance is conditioned on Mr. Fan signing a general release of claims in favor of the Bank and related parties.

Why It Matters
This 8‑K reports an executive leadership change at Royal Business Bank, which is part of a planned leadership transition. For investors, the filing signals a planned change in operations leadership and a likely one‑time cash obligation (the six‑month severance) if the release is executed. The Company’s board publicly thanked Mr. Fan for his service and noted the change as part of its transition planning.