PCB Bancorp Form 4: 15,126 shares acquired via option exercise
Rhea-AI Filing Summary
PCB Bancorp (PCB) reported an insider option exercise. EVP & Chief Credit Officer Brian Bang exercised stock options (code M) on 10/16/2025 for 15,126 shares of common stock at $10.33 per share. Following the transaction, he beneficially owns 34,856 shares, held directly. The exercised derivative was a stock option (right to buy) originally granted on 10/28/2015, with vesting noted and an expiration date of 10/28/2025; 0 derivative securities remain after the exercise.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 15,126 shares
Net Buy
2 txns
Insider
BANG BRIAN
Role
EVP & CHIEF CREDIT OFFICER
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock option (right to buy) | 15,126 | $0.00 | $0.00 |
| Exercise | Common Stock | 15,126 | $10.33 | $156K |
Holdings After Transaction:
Stock option (right to buy) — 0 shares (Direct);
Common Stock — 34,856 shares (Direct)
Footnotes (1)
- F1. These options vest 60% on the third-anniversary of the 10/28/2015 date of grant and two equal annual installments thereafter.
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FAQ
What did PCB (PCB) disclose in this Form 4?
EVP & Chief Credit Officer Brian Bang exercised stock options (code M) for 15,126 shares on 10/16/2025 at $10.33 per share.
What was the exercise price and instrument involved?
A stock option (right to buy) was exercised at $10.33 per share for 15,126 underlying common shares.
What is the role of the reporting person at PCB Bancorp?
He is the EVP & Chief Credit Officer.
What vesting terms were noted for the options?
They vest 60% on the third anniversary of 10/28/2015 and in two equal annual installments thereafter.
Are there any derivative securities remaining after the exercise?
No. The number of derivative securities beneficially owned after the transaction is 0.