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PCB Bancorp (PCB) director and 10% owner adds 3,027 shares via family trust

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

Rhea-AI Filing Summary

PCB Bancorp director and 10% owner Sang Young Lee reported open-market purchases of PCB common stock through a family trust. On 2026-02-27, the trust bought a total of 3,027 shares in four transactions at prices around $22.35–$22.45 per share, modestly increasing Lee’s indirect ownership stake.

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)
02/27/2026
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 02/27/2026 P 1,000 A $22.4 1,588,842 I By Family Trust
Common Stock 02/27/2026 P 1,000 A $22.45 1,589,842 I By Family Trust
Common Stock 02/27/2026 P 1,000 A $22.4382 1,590,842 I By Family Trust
Common Stock 02/27/2026 P 27 A $22.35 1,590,869 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/ Timonthy Chang attorney-in-fact for Sang Young Lee 03/02/2026
** 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 transaction did PCB (PCB) report for Sang Young Lee?

PCB Bancorp reported that director and 10% owner Sang Young Lee indirectly bought 3,027 common shares. The purchases were executed by a family trust in four open-market transactions on 2026-02-27 at prices slightly above $22 per share.

How many PCB common shares were purchased in the latest Form 4?

The Form 4 shows total purchases of 3,027 PCB common shares. These were executed in four separate open-market trades of 1,000, 1,000, 1,000 and 27 shares, each reported with its own per-share price and updated post-transaction share balance.

At what prices did the family trust buy PCB (PCB) shares?

The family trust bought PCB shares at $22.40, $22.45, $22.4382 and $22.35 per share. Each price corresponds to a specific trade on 2026-02-27, reflecting small variations in the open-market purchase transactions reported on the Form 4.

Is the PCB insider ownership held directly or through a related entity?

The reported PCB shares are held indirectly by a family trust. The Form 4 lists the ownership type as indirect, with the nature of ownership noted as “By Family Trust,” indicating the trust, not the individual alone, holds the reported shares.

How many PCB shares did Sang Young Lee own after these transactions?

After the reported trades, the post-transaction balances rose to 1,590,869 shares across the sequence. Each line item includes a “total shares following transaction” figure, showing how the indirect ownership via the family trust increased with each purchase.

What type of transaction code appears in this PCB Form 4 filing?

The filing uses transaction code P, described as a “Purchase in open market or private transaction.” All four entries are non-derivative transactions in PCB common stock, classified as open-market purchases by the indirectly owned family trust.
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