Yeh Jeffrey 4/A
Accession 0001437749-26-001795
Filed
Jan 21, 7:00 PM ET
Accepted
Jan 22, 7:45 PM ET
Size
12.4 KB
Accession
0001437749-26-001795
Research Summary
AI-generated summary of this filing
RBB Bancorp EVP Jeffrey Yeh Exercises 2,652 Shares
What Happened Jeffrey Yeh, Executive Vice President of RBB Bancorp (RBB), converted/converted 2,652 derivative awards into common shares on March 21, 2025. The filing shows 1,326 shares recorded as acquired at $17.07 per share (total $22,635). Separately, 475 shares were surrendered to cover tax withholding (reported value ~$8,108). Another 1,326-share line was reported as a derivative conversion with $0.00 price (reported as disposed on the form). This transaction reflects vesting/conversion and routine tax withholding rather than an open-market sale.
Key Details
- Transaction date: 2025-03-21 (Period of report: 2025-03-20); filing amended on 2026-01-22 (late/amended filing).
- Reported lines:
- M (exercise/conversion): 1,326 shares acquired @ $17.07 = $22,635.
- F (tax withholding): 475 shares surrendered @ $17.07 = ~$8,108.
- M (exercise/conversion): 1,326 shares reported disposed @ $0.00 (derivative line).
- Shares owned after transaction: not specified in the provided filing excerpt.
- Footnotes (high level):
- F1: No expiration date once RSUs vest.
- F2–F4: Certain restricted stock units (RSUs) vest in three equal annual installments beginning on grant dates 01/18/2023, 02/21/2024, and 03/20/2024.
- F5: Some performance stock units (PSUs) vest conditionally after a three‑year performance/employment period beginning 03/20/2024.
- Filing notes: This is an amended filing to correct RSU counts (remark: should be 2,652 not 2,143). The amendment was filed considerably after the reported transaction date.
Context
- The transactions appear to be vesting/conversion of restricted/performance awards with shares surrendered to satisfy tax withholding — a routine administrative step (cashless withholding), not an open-market sale or purchase signal.
- Transaction codes: M = exercise/conversion of a derivative; F = payment of exercise price or tax liability (withholding).
- Because the filing was amended and filed late, retail investors should note the timing lag when using this for trading or sentiment analysis.
Insider Transaction Report
- Exercise/Conversion
Common Stock, No Par Value
2025-03-21$17.07/sh+1,326$22,635→ 57,275 total - Tax Payment
Common Stock, No Par Value
2025-03-21$17.07/sh−475$8,108→ 56,800 total - Exercise/Conversion
Restricted Stock Units
[F4][F1]2025-03-21−1,326→ 2,652 totalExercise: $0.00→ Restricted Stock Units (3,978 underlying)
- 842
Restricted Stock Units
[F2][F1]Exercise: $0.00→ Restricted Stock Units (842 underlying) - 1,843
Restricted Stock Units
[F3][F1]Exercise: $0.00→ Restricted Stock Units (1,843 underlying) - 5,967
Performance Stock Units
[F5][F1]Exercise: $0.00→ Performance Stock Units (5,967 underlying)
Footnotes (5)
- [F1]There will be no expiration date once restricted stock units vest.
- [F2]These restricted stock units vest in three equal annual installments beginning one year after the 01/18/2023 date of grant.
- [F3]These restricted stock units vest in three equal annual installments beginning one year after the 02/21/2024 date of grant.
- [F4]These restricted stock units vest in three equal annual installments beginning one year after the 03/20/2024 date of grant.
- [F5]These performance stock units ("PSUs") will vest conditionally on the achievement of certain performance goals and an employment condition. The reported PSUs will vest at the expiration of a three-year period beginning on 03/20/2024 subject to the Reporting Person's satisfaction of the employment condition.
Signature
Documents
Issuer
RBB Bancorp
CIK 0001499422
Related Parties
1- filerCIK 0001711532
Filing Metadata
- Form type
- 4/A
- Filed
- Jan 21, 7:00 PM ET
- Accepted
- Jan 22, 7:45 PM ET
- Size
- 12.4 KB