What price did Morris David Richard receive for his RBB Bancorp share sale?

The reported open-market sale was executed at a price of $23.99 per share. This transaction involved 1,946 shares of RBB Bancorp common stock and was dated June 4, 2026, according to the Form 4 insider filing details.

RBB Bancorp (RBB) director reports 1,946-share open-market sale and RSUs

Filing Impact

(Neutral)

Filing Sentiment

(Negative)

Form Type

Rhea-AI Filing Summary

RBB Bancorp director Morris David Richard reported an open-market sale of 1,946 shares of common stock at $23.99 per share on June 4, 2026. After this sale, he directly holds 43,422 common shares and three blocks of restricted stock units covering 700, 3,164 and 2,225 underlying shares that vest in 2027.

Insider Trade Summary

Net Seller: 1,946 shares ($46,685)

Net Sell 4 txns

Insider Morris David Richard

Role null

Sold 1,946 shs ($47K)

Type	Security	Shares	Price	Value
Sale	Common Stock, No Par Value	1,946	$23.99	$47K
holding	Restricted Stock Units	--	--	--
holding	Restricted Stock Units	--	--	--
holding	Restricted Stock Units	--	--	--

Holdings After Transaction: Common Stock, No Par Value — 43,422 shares (Direct, null); Restricted Stock Units — 2,225 shares (Direct, null)

Footnotes (1)

Restricted stock units convert into common stock on a one-for-one basis. These remaining restricted stock units vest on 02/21/2027. These remaining restricted stock units vest on 03/20/2027. The remaining restricted stock units vest on 05/21/2027.

Key Figures

Shares sold: 1,946 shares Sale price per share: $23.99 per share Shares held after sale: 43,422 shares +4 more

7 metrics

Shares sold 1,946 shares Open-market sale of common stock on June 4, 2026

Sale price per share $23.99 per share Price for the 1,946-share open-market sale

Shares held after sale 43,422 shares Direct common stock holdings following the transaction

RSUs underlying shares (grant 1) 700 shares Restricted stock units vesting on February 21, 2027

RSUs underlying shares (grant 2) 3,164 shares Restricted stock units vesting on March 20, 2027

RSUs underlying shares (grant 3) 2,225 shares Restricted stock units vesting on May 21, 2027

RSU exercise price $0.00 Exercise/conversion price for restricted stock units

Key Terms

Restricted Stock Units, open-market sale, underlying security, vesting

4 terms

Restricted Stock Units financial

"Restricted stock units convert into common stock on a one-for-one basis."

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.

open-market sale financial

"Sale in open market or private transaction."

An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.

underlying security financial

"underlying security title: Common Stock, underlying security shares reported"

vesting financial

"These remaining restricted stock units vest on 02/21/2027."

Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.

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Form 4 Insider Transactions: What Each Field Means →

06/08/2026 - 07:36 PM

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^*

Morris David Richard

(Last)

(First)

(Middle)

1055 WILSHIRE BLVD

SUITE 1200

(Street)

LOS ANGELES

CALIFORNIA

90017

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
RBB Bancorp [ RBB ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/04/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock, No Par Value	06/04/2026		S		1,946	D	$23.99	43,422	D

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Restricted Stock Units	⁽¹⁾							⁽²⁾	⁽²⁾	Common Stock	2,225		2,225	D
Restricted Stock Units	⁽¹⁾							⁽³⁾	⁽³⁾	Common Stock	3,164		3,164	D
Restricted Stock Units	⁽¹⁾							⁽⁴⁾	⁽⁴⁾	Common Stock	700		700	D

Explanation of Responses:

1. Restricted stock units convert into common stock on a one-for-one basis.

2. These remaining restricted stock units vest on 02/21/2027.

3. These remaining restricted stock units vest on 03/20/2027.

4. The remaining restricted stock units vest on 05/21/2027.

Remarks:

	/s/ David Morris	06/08/2026
	** 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.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did RBB (RBB Bancorp) report for Morris David Richard?

RBB Bancorp reported that director Morris David Richard sold 1,946 shares of common stock in an open-market transaction at $23.99 per share. The transaction occurred on June 4, 2026 and was disclosed in a Form 4 insider trading report.

How many RBB Bancorp shares does Morris David Richard hold after this Form 4?

After the reported trade, Morris David Richard directly holds 43,422 shares of RBB Bancorp common stock. This figure reflects his position following the 1,946-share open-market sale disclosed for June 4, 2026 in the Form 4 filing.

What restricted stock units does Morris David Richard hold in RBB Bancorp?

Morris David Richard holds restricted stock units tied to 700, 3,164 and 2,225 underlying RBB Bancorp common shares. Footnotes state these RSUs convert one-for-one into common stock and vest on 02/21/2027, 03/20/2027, and 05/21/2027, respectively.

Do Morris David Richard’s restricted stock units in RBB convert one-for-one into shares?

Yes. A footnote explains that RBB Bancorp restricted stock units convert into common stock on a one-for-one basis. This applies to his RSU holdings covering 700, 3,164 and 2,225 underlying shares that are scheduled to vest on various dates in 2027.

Were there any derivative exercises or tax withholdings in this RBB Form 4?

The Form 4 shows no option exercises, gifts, or tax-withholding dispositions. It reports one open-market sale of 1,946 common shares and three RSU holding entries, with remaining RSUs vesting in 2027 and an exercise price of $0.00 per unit.