[Form 4] PCB Bancorp Insider Trading Activity

Rhea-AI Filing Summary

Form 4 shows that on 07/29/2025 PCB Bancorp (PCB) director and 10% owner Sang Young Lee executed five open-market purchases totaling 18,200 common shares at prices ranging from $21.40 to $21.49. All transactions were made indirectly through a family trust and coded “P” (purchase). Following the buys, Lee’s indirect beneficial ownership increased to 1,569,210 shares. No sales or derivative transactions were reported.

Positive

• 18,200-share open-market purchase reflects insider confidence in PCB valuation.
• Total indirect holdings rise to 1.57 million shares, underscoring long-term alignment with shareholders.

Negative

• None.

Insights

Securities Analyst

TL;DR: Large insider buy signals confidence; increases indirect stake to 1.57 M shares.

The purchase of 18,200 shares (~$390 k) at market prices suggests the director sees value near $21.45. As a 10% holder, Lee’s incremental add—while small versus existing stake—reinforces a positive signal without diluting ownership structures. No red flags in transaction coding; absence of derivative activity points to straightforward equity conviction.

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).

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)
07/29/2025

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	07/29/2025		P		5,000	A	$21.4	1,556,010	I	By Family Trust
Common Stock	07/29/2025		P		200	A	$21.4494	1,556,210	I	By Family Trust
Common Stock	07/29/2025		P		6,000	A	$21.45	1,562,210	I	By Family Trust
Common Stock	07/29/2025		P		2,000	A	$21.4556	1,564,210	I	By Family Trust
Common Stock	07/29/2025		P		5,000	A	$21.4894	1,569,210	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	07/29/2025
	** 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

How many PCB shares did Sang Young Lee purchase?

18,200 common shares were bought on 07/29/2025.

At what price were the PCB shares acquired?

Prices ranged from $21.40 to $21.49 per share.

What is Sang Young Lee's total ownership after the transaction?

Indirect beneficial ownership rose to 1,569,210 shares.

Was the transaction a purchase or sale?

All reported transactions were purchases (code "P").

Did the filing report any derivative security activity?

No, Table II was empty; only common stock purchases were disclosed.