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Director and 10% owner at PCB (PCB) adds 8,590 shares through family trust

Filing Impact
(Moderate)
Filing Sentiment
(Positive)
Form Type
4

Rhea-AI Filing Summary

PCB Bancorp director and 10% owner Sang Young Lee, through a family trust, bought additional PCB common stock in open-market transactions. The trust purchased 7,500 shares at $22.25 per share on March 5, 2026 and 1,090 shares at $21.75 on March 6, 2026, increasing indirect holdings to 1,601,551 shares.

Positive

  • None.

Negative

  • None.
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*
LEE SANG YOUNG

(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)
X Director X 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
03/05/2026
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 03/05/2026 P 7,500 A $22.25 1,600,461 I By Family Trust
Common Stock 03/06/2026 P 1,090 A $21.75 1,601,551 I By Family Trust
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
Explanation of Responses:
Remarks:
/s/ Timothy Chang attorney-in-fact for Sang Young Lee 03/06/2026
** 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 transactions did PCB (PCB) disclose in this Form 4?

PCB Bancorp reported open-market purchases of common stock by a family trust associated with director and 10% owner Sang Young Lee. The trust bought 7,500 shares at $22.25 and 1,090 shares at $21.75, adding 8,590 shares in total.

How many PCB (PCB) shares did Sang Young Lee’s family trust buy?

The family trust associated with Sang Young Lee acquired 8,590 PCB Bancorp common shares in total. It purchased 7,500 shares at $22.25 per share and 1,090 shares at $21.75 per share in two consecutive open-market transactions.

On what dates were the PCB (PCB) insider purchases made?

The insider purchases were made on two days. The family trust bought 7,500 PCB Bancorp shares on March 5, 2026, and an additional 1,090 shares on March 6, 2026, both as open-market transactions at disclosed prices.

What prices were paid for the PCB (PCB) shares in the insider buys?

The family trust paid two different prices for PCB Bancorp shares. It purchased 7,500 shares at $22.25 per share on March 5, 2026, and 1,090 shares at $21.75 per share on March 6, 2026, according to the Form 4 disclosure.

What is Sang Young Lee’s indirect PCB (PCB) ownership after these transactions?

Following the reported purchases, the family trust associated with Sang Young Lee holds 1,601,551 PCB Bancorp common shares indirectly. This total reflects the updated balance after adding the 8,590 shares acquired in the two open-market transactions.

Is the PCB (PCB) insider ownership held directly or through an entity?

The reported PCB Bancorp holdings are indirect, held "By Family Trust" rather than directly by Sang Young Lee personally. The Form 4 identifies the ownership type as indirect, with the family trust listed as the nature of ownership for these common shares.
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