RBB Bancorp (RBB) EVP Jeffrey Yeh reports common stock, RSU and PSU holdings
Rhea-AI Filing Summary
RBB Bancorp executive Jeffrey Yeh, an EVP, reported his current equity holdings in the company. He now directly owns 59,973 shares of common stock. In addition, he holds several blocks of restricted stock units (RSUs) and performance stock units (PSUs) that convert into common stock if vesting conditions are met.
The filing shows RSUs scheduled to vest on specific future dates, including 02/21/2027, 03/20/2027, and in two annual installments on 05/08/2027 and 05/08/2028. The PSUs vest over three-year periods tied to performance goals and an employment condition, with cycles beginning on 03/20/2024, 05/08/2025, and 05/13/2026. This update reflects ongoing stock-based compensation rather than open-market trading.
Positive
- None.
Negative
- None.
Insider Trade Summary
8 transactions reported
Mixed
8 txns
Insider
Yeh Jeffrey
Role
EVP
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Performance Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Performance Stock Units | -- | -- | -- |
| holding | Performance Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Common Stock, No Par Value | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 8,308 shares (Direct);
Performance Stock Units — 17,255 shares (Direct);
Common Stock, No Par Value — 59,973 shares (Direct)
Footnotes (8)
- F1. There will be no expiration date once restricted stock units vest.
- F2. These remaining restricted stock units vest on 02/21/2027.
- F3. These remaining restricted stock units vest on 03/20/2027.
- F4. These performance stock units ("PSUs") will vest conditionally on the achievement of certain performance goals and an employment condition. The reported PSUs will vest at the expiration of a three-year period beginning on 03/20/2024 subject to the Reporting Person's satisfaction of the employment condition.
- F5. These remaining restricted stock units vest in two equal annual installments on 05/08/2027 and 05/08/2028.
- F6. Performance Stock Units ("PSUs") to vest conditionally on the achievement of certain performance goals and an employment condition. The PSUs are awarded at a target level and have the opportunity to vest at 150% of such target level; The reported PSUs represent the maximum award that may be achieved and ultimately vest. The reported PSUs will vest at the expiration of a three-year period beginning on 05/08/2025 subject to the Reporting Person's satisfaction of the employment condition.
- F7. Performance Stock Units ("PSUs") to vest conditionally on the achievement of certain performance goals and an employment condition. The PSUs are awarded at a target level and have the opportunity to vest at 150% of such target level; The reported PSUs represent the maximum award that may be achieved and ultimately vest. The reported PSUs will vest at the expiration of a three-year period beginning on 05/13/2026 subject to the Reporting Person's satisfaction of the employment condition
- F8. These restricted stock units vest in three equal annual installments beginning one year after the 05/13/2026 date of grant.
Key Figures
Direct common stock holdings: 59,973 shares
RSUs underlying shares: 3,132 shares
PSUs underlying shares: 4,699 shares
+5 more
8 metrics
Direct common stock holdings
59,973 shares
Common Stock, No Par Value held directly after reported holdings
RSUs underlying shares
3,132 shares
Restricted Stock Units convertible into Common Stock per derivative summary
PSUs underlying shares
4,699 shares
Performance Stock Units tied to three-year period beginning 03/20/2024
PSUs maximum award block
6,589 shares
Performance Stock Units with three-year period beginning 05/08/2025
Additional PSUs block
5,967 shares
Performance Stock Units with three-year period beginning 05/13/2026
Additional RSUs block
2,929 shares
Restricted Stock Units vesting on 05/08/2027 and 05/08/2028
Smaller RSU grant
1,326 shares
Restricted Stock Units vesting in three installments after 05/13/2026 grant
Smallest RSU grant
921 shares
Restricted Stock Units vesting per grant dated 05/13/2026
Key Terms
Restricted Stock Units, Performance Stock Units, employment condition, three-year period, +1 more
5 terms
Restricted Stock Units financial
"These remaining restricted stock units vest on 02/21/2027."
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.
Performance Stock Units financial
"These performance stock units ("PSUs") will vest conditionally on the achievement of certain performance goals"
Performance stock units are a type of company award that grants employees shares of stock only if certain performance goals are met. They motivate employees to work toward specific company achievements, aligning their interests with those of shareholders. For investors, they can influence a company's future stock supply and reflect management’s confidence in reaching key targets.
employment condition financial
"subject to the Reporting Person's satisfaction of the employment condition."
three-year period financial
"The reported PSUs will vest at the expiration of a three-year period beginning on 03/20/2024"
maximum award financial
"The reported PSUs represent the maximum award that may be achieved and ultimately vest."
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did RBB Bancorp (RBB) EVP Jeffrey Yeh report in this Form 4?
Jeffrey Yeh reported his current equity holdings in RBB Bancorp, including 59,973 common shares plus multiple restricted and performance stock unit awards that may convert into shares over time, reflecting ongoing stock-based executive compensation rather than open-market trades.
What restricted stock units does RBB Bancorp (RBB) EVP Jeffrey Yeh hold and when do they vest?
Jeffrey Yeh holds several RSU awards that convert into RBB common stock. Footnotes state remaining RSUs vest on 02/21/2027, 03/20/2027, and in two equal annual installments on 05/08/2027 and 05/08/2028, subject to standard service-based vesting conditions.
How are Jeffrey Yeh’s performance stock units at RBB Bancorp (RBB) structured?
His performance stock units vest conditionally based on performance goals and continued employment. Three PSU cycles begin on 03/20/2024, 05/08/2025, and 05/13/2026, each vesting after three years if conditions are met, with awards potentially vesting up to 150% of target.
Do the performance stock units for RBB Bancorp (RBB) EVP Jeffrey Yeh have upside potential?
Yes. Footnotes state the PSUs are granted at a target level but can vest at up to 150% of that target. The reported PSU amounts represent the maximum awards that may ultimately vest if performance goals and employment conditions are fully satisfied.