PCB (PCB) Form 4: CFO exercises 4,700 stock options at $10.33

Rhea-AI Filing Summary

PCB Bancorp reported an insider transaction on Form 4 for EVP & Chief Financial Officer Timothy Chang. On 10/16/2025, he exercised stock options (code M) and acquired 4,700 shares of common stock at $10.33 per share. Following the transaction, he directly held 74,725 shares.

The options exercised were from a 10/28/2015 grant that vested 60% on the third anniversary and in two equal annual installments thereafter. No sales were reported in this filing.

Insider Trade Summary

4,700 shares exercised/converted

Mixed 2 txns

Insider CHANG TIMOTHY

Role EVP & CHIEF FINANCIAL OFFICER

Type	Security	Shares	Price	Value
Exercise	Stock option (right to buy)	4,700	$0.00	--
Exercise	Common Stock	4,700	$10.33	$49K

Holdings After Transaction: Stock option (right to buy) — 0 shares (Direct); Common Stock — 74,725 shares (Direct)

Footnotes (1)

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Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

CHANG TIMOTHY

(Last) (First) (Middle)

3701 WILSHIRE BOULEVARD, SUITE 900

(Street)

LOS ANGELES CA 90010

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
PCB BANCORP [ PCB ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP & CHIEF FINANCIAL OFFICER

3. Date of Earliest Transaction (Month/Day/Year)
10/16/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	10/16/2025		M		4,700	A	$10.33	74,725	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Stock option (right to buy)	$10.33	10/16/2025		M			4,700	(1)	10/28/2025	Common Stock	4,700	$0	0	D

Explanation of Responses:

1. These options vest 60% on the third-anniversary of the 10/28/2015 date of grant and two equal annual installments thereafter.

Remarks:

	/s/ Timothy Chang	10/16/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did PCB (PCB) disclose?

The EVP & CFO, Timothy Chang, exercised stock options and acquired 4,700 shares at $10.33 on 10/16/2025 (transaction code M).

How many PCB shares does the reporting person hold after the transaction?

Following the transaction, Timothy Chang directly owned 74,725 shares of PCB common stock.

What does transaction code "M" signify on the Form 4?

Code M indicates the exercise or conversion of a derivative security, such as a stock option, into common stock.

What were the terms of the exercised stock options?

The options had an exercise price of $10.33 and related to a 10/28/2015 grant with vesting at 60% on the third anniversary and two equal annual installments thereafter.

Were any derivative securities left after the exercise?

No. The filing shows 0 derivative securities remaining after the reported transaction.