PCB Bancorp CEO Kim Henry Exercises 3,000 Stock Options

What Happened

• Kim Henry, President, CEO and Director of PCB Bancorp (PCB), exercised stock options on 2026-08-17, acquiring 3,000 shares at $14.75 per share for a total cash cost of $44,250. The filing also reports a separate disposition of 3,000 derivative shares at $0.00 on the same date (see context below).

Key Details

• Transaction date: 2026-08-17
• Exercise: 3,000 shares acquired at $14.75 each = $44,250 (transaction code M — option exercise)
• Disposition: 3,000 derivative shares disposed at $0.00 (transaction code M)
• Shares owned after transaction: not specified in the provided filing excerpt
• Footnote: F1 — these options vest in four equal annual installments beginning one year after the 01/02/2018 grant date
• Filing timeliness: report filed on 2026-08-17 (same day as report period), indicating a timely filing

Context

• The filing shows an option exercise (M). The reported $0.00 disposition of 3,000 derivative shares often reflects shares withheld or surrendered to cover taxes or exercise costs in connection with an option exercise, though the filing excerpt does not state the exact reason. No sale in the open market was reported; this appears to be an exercise-related transaction rather than a market sale.