RBB Bancorp (RBB) director sells 4,121 shares, holds 700 RSUs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
RBB Bancorp director Bill Bennett reported an open-market sale of 4,121 shares of common stock at $24.07 per share. After this transaction, he directly holds 0 shares of RBB Bancorp common stock.
Bennett also reports 700 Restricted Stock Units, granted on May 21, 2025, which vest one year from the grant date. Once these restricted stock units vest, they will have no expiration date.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 4,121 shares ($99,192)
Net Sell
2 txns
Insider
Bennett Bill
Role
null
Sold
4,121 shs ($99K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock, No Par Value | 4,121 | $24.07 | $99K |
| holding | Restricted Stock Units | -- | -- | -- |
Holdings After Transaction:
Common Stock, No Par Value — 0 shares (Direct, null);
Restricted Stock Units — 700 shares (Direct, null)
Footnotes (1)
- There will be no expiration date once restricted stock units vest. These restricted stock units granted on 5/21/2025 vest in one year from the date of grant.
Key Figures
Shares sold: 4,121 shares
Sale price: $24.07 per share
Common shares after sale: 0 shares
+2 more
5 metrics
Shares sold
4,121 shares
Open-market sale of common stock on April 23, 2026
Sale price
$24.07 per share
Price for the 4,121 common shares sold
Common shares after sale
0 shares
Direct RBB Bancorp common stock holdings following the transaction
Restricted Stock Units
700 units
RSUs with underlying 700 shares, held directly
RSU grant date
May 21, 2025
Grant date of 700 Restricted Stock Units
Key Terms
Restricted Stock Units, open-market sale, Common Stock, No Par Value
3 terms
Restricted Stock Units financial
"There will be no expiration date once restricted stock units vest."
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
"transaction_action": "open-market sale""
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.
Common Stock, No Par Value financial
"security_title": "Common Stock, No Par Value""
FAQ
What insider transaction did RBB Bancorp (RBB) director Bill Bennett report?
Bill Bennett reported an open-market sale of RBB Bancorp common stock. He sold 4,121 shares on April 23, 2026 at a price of $24.07 per share, and now directly holds no RBB Bancorp common shares.
What are Bill Bennett’s holdings in RBB Bancorp (RBB) common stock after the sale?
After selling 4,121 shares, Bill Bennett directly holds 0 shares of RBB Bancorp common stock. His remaining reported interest consists of 700 Restricted Stock Units that may convert into shares when they vest in the future.
What Restricted Stock Units (RSUs) does Bill Bennett hold in RBB Bancorp (RBB)?
Bill Bennett holds 700 Restricted Stock Units of RBB Bancorp. These RSUs were granted on May 21, 2025 and vest one year from the grant date. Once vested, the RSUs will have no expiration date according to the filing footnotes.
When do Bill Bennett’s RBB Bancorp (RBB) Restricted Stock Units vest?
Bill Bennett’s 700 RBB Bancorp Restricted Stock Units were granted on May 21, 2025. They vest one year from that grant date. After vesting, the units will no longer have an expiration date, as described in the Form 4 footnotes.