PCB Bancorp (PCB) CEO boosts stake with 3,000-share option exercise
Rhea-AI Filing Summary
PCB BANCORP reporting person Henry Kim, President, CEO and Director, reported an option exercise. On 2026-08-17 he exercised 3,000 stock options at an exercise price of $14.75 per share, receiving 3,000 shares of Common Stock. Following the transactions, he directly holds 231,199 shares of Common Stock and 47,000 stock options. The exercised options were part of a grant that vests in four equal annual installments beginning one year after the 01/02/2018 grant date.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 3,000 shares
Net Buy
2 txns
Insider
KIM HENRY
Role
PRESIDENT, CEO & DIRECTOR
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock option (right to buy) F1 | 3,000 | $0.00 | $0.00 |
| Exercise | Common Stock | 3,000 | $14.75 | $44K |
Holdings After Transaction:
Stock option (right to buy) — 47,000 shares (Direct);
Common Stock — 231,199 shares (Direct)
Footnotes (1)
- F1. These options vest in four equal annual installments beginning one year after the 01/02/2018 date of grant
Key Figures
Options Exercised: 3,000 shares
Exercise Price: $14.75 per share
Shares Acquired: 3,000 shares
+4 more
7 metrics
Options Exercised
3,000 shares
Stock options exercised on 2026-08-17
Exercise Price
$14.75 per share
Exercise price of stock options exercised on 2026-08-17
Shares Acquired
3,000 shares
Common Stock received from option exercise on 2026-08-17
Common Shares Held After
231,199 shares
Direct Common Stock holdings following the transactions
Options Held After
47,000 shares
Stock options outstanding following the derivative transaction
Option Expiration Date
2028-01-02
Expiration date of the stock options exercised
Grant Date for Vesting
01/02/2018
Options vesting in four equal annual installments from this grant date
Key Terms
Stock option, derivative security, exercise price, vesting
4 terms
Stock option financial
"security_title: Stock option (right to buy)"
A stock option is a contract that gives you the right to buy or sell a company's stock at a specific price within a certain time frame. People use them to potentially make money if the stock's price moves favorably or to protect against losses. It's like holding a coupon that can be used to buy or sell stock at a set price later on.
derivative security financial
"transaction_code_description: Exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
exercise price financial
"conversion_or_exercise_price: 14.7500"
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
vesting financial
"These options vest in four equal annual installments"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
FAQ
What did PCB (PCB) CEO Henry Kim report in this Form 4?
Henry Kim reported exercising 3,000 stock options at $14.75 per share, acquiring 3,000 shares of PCB BANCORP Common Stock on 2026-08-17 as part of a previously granted option award.
What was the exercise price of Henry Kim’s options in PCB (PCB)?
The exercised stock options had an exercise price of $14.75 per share. Exercising these 3,000 options at that price resulted in Henry Kim receiving 3,000 shares of PCB BANCORP Common Stock.
How many PCB (PCB) stock options does Henry Kim hold after the exercise?
Following the option exercise, Henry Kim holds 47,000 stock options on PCB BANCORP Common Stock. These options are from a grant that vests in four equal annual installments starting one year after 01/02/2018.
What does the vesting schedule note mean in Henry Kim’s PCB (PCB) Form 4?
The footnote explains that the reported options vest in four equal annual installments, beginning one year after the 01/02/2018 grant date, indicating the award was structured to vest over four years.
AI-generated analysis. How Rhea-AI works. Not financial advice.