RBB Bancorp (RBB) EVP exercises equity awards and covers taxes with 241 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
RBB Bancorp EVP Tsu Te Huang exercised equity awards and settled taxes in shares. On 05/08/2026, Huang exercised derivative securities to acquire 671 shares of Common Stock, No Par Value, at a reported price of $24.05 per share. In a related tax-withholding disposition, 241 common shares were withheld to cover tax obligations rather than sold on the open market.
Following these transactions, Huang directly owns 16,399 common shares. The filing also shows Restricted Stock Units tied to 743 underlying common shares, which will vest over time, including tranches vesting on 02/21/2027 and in three equal annual installments beginning on 05/08/2027, 05/08/2028 and 05/08/2029.
Positive
- None.
Negative
- None.
Insider Trade Summary
671 shares exercised/converted
Mixed
4 txns
Insider
Huang Tsu Te
Role
EVP
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 671 | $0.00 | -- |
| Exercise | Common Stock, No Par Value | 671 | $24.05 | $16K |
| Tax Withholding | Common Stock, No Par Value | 241 | $24.05 | $6K |
| holding | Restricted Stock Units | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 2,010 shares (Direct, null);
Common Stock, No Par Value — 16,399 shares (Direct, null)
Footnotes (1)
- There will be no expiration date once restricted stock units vest. These remaining restricted stock units vest on 02/21/2027. These remaining restricted stock units vest in three equal annual installments beginning on 05/08/2027, 05/08/2028 and 05/08/2029.
Key Figures
Derivative exercise shares: 671 shares
Exercise price per share: $24.05/share
Tax withholding shares: 241 shares
+4 more
7 metrics
Derivative exercise shares
671 shares
Common Stock, No Par Value, exercised on 05/08/2026
Exercise price per share
$24.05/share
Price reported for 671 common shares on 05/08/2026
Tax withholding shares
241 shares
Common shares withheld for tax obligations on 05/08/2026
Common shares held after transactions
16,399 shares
Total direct common stock holding after 05/08/2026 activity
Underlying shares for remaining RSUs
743 shares
Common Stock underlying remaining Restricted Stock Units
RSU vesting date (single tranche)
02/21/2027
Remaining Restricted Stock Units vest on this date
RSU vesting schedule (three installments)
Beginning 05/08/2027
Equal annual RSU installments vest on 05/08/2027, 05/08/2028, 05/08/2029
Key Terms
Restricted Stock Units, tax-withholding disposition, derivative exercise/conversion, total_shares_following_transaction, +1 more
5 terms
Restricted Stock Units financial
"security_title: "Restricted Stock Units" and footnotes describing remaining restricted stock units vesting"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
tax-withholding disposition financial
"transaction_action: "tax-withholding disposition" for 241 common shares"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
derivative exercise/conversion financial
"transaction_action: "derivative exercise/conversion" for 671 common shares"
underlying security financial
""underlying_security_title": "Common Stock" and "underlying_security_shares" fields"
FAQ
What insider transactions did RBB (RBB Bancorp) report for EVP Tsu Te Huang?
EVP Tsu Te Huang exercised derivative securities to acquire 671 common shares at $24.05 per share and had 241 shares withheld to cover tax obligations. These actions reflect compensation-related equity activity rather than open-market buying or selling.
What does the tax-withholding disposition on RBB’s Form 4 mean?
The filing records a tax-withholding disposition of 241 common shares at $24.05 per share. These shares were withheld by the issuer to pay tax liabilities on equity compensation, and do not represent an open-market sale by EVP Tsu Te Huang.
What derivative exercise did RBB Bancorp’s EVP complete on 05/08/2026?
On 05/08/2026, EVP Tsu Te Huang completed a derivative exercise involving 671 common shares at a reported price of $24.05 per share. This converted previously granted equity awards into directly held common stock as part of compensation.
What Restricted Stock Units does RBB Bancorp’s EVP have remaining after the transactions?
The filing shows remaining Restricted Stock Units linked to 743 underlying common shares. Footnotes state some units vest on 02/21/2027 and others in three equal annual installments starting on 05/08/2027, then 05/08/2028 and 05/08/2029.
Does the RBB Bancorp Form 4 show any open-market buying or selling by the EVP?
The transactions consist of a derivative exercise and a tax-withholding disposition of shares. The filing does not report any open-market purchases or sales; it reflects compensation-related equity activity and associated tax settlement in stock.