RBB Bancorp (RBB) EVP exercises RSUs and withholds shares for taxes

Rhea-AI Filing Summary

RBB Bancorp EVP Jeffrey Yeh reported equity award activity involving restricted stock units, performance stock units, and common stock on February 20, 2026. He exercised 922 restricted stock units into common shares and, in a related move, used 380 common shares to cover tax obligations at a stated price of $22.20 per share. Following these transactions, he directly held 58,184 common shares. The filing also details continuing holdings of restricted and performance stock units that vest over multi-year schedules based on time and performance conditions, and clarifies that prior grants on May 8, 2025 were previously overstated due to an administrative error.

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

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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^*

Yeh Jeffrey

(Last) (First) (Middle)

1055 WILSHIRE BLVD

SUITE 1200

(Street)

LOS ANGELES CA 90017

(City) (State) (Zip)

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

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

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

3. Date of Earliest Transaction (Month/Day/Year)
02/20/2026

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, No Par Value	02/20/2026		M		922	A	$22.2	58,564	D
Common Stock, No Par Value	02/20/2026		F		380	D	$22.2	58,184	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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units	$22.2	02/20/2026		M			922	02/20/2026(2)	(1)	Common Stock(7)	1,843	$0	921	D
Restricted Stock Units	$0.0000							(3)	(1)	Common Stock(7)	2,652		2,652	D
Performance Stock Units	$0.0000							(4)	(1)	Common Stock(7)	5,967		5,967	D
Restricted Stock Units	$0.0000							(5)	(1)	Common Stock(7)	4,394(7)		4,394(7)	D
Performance Stock Units	$0.0000							(6)	(1)	Common Stock(7)	6,589(7)		6,589(7)	D

Explanation of Responses:

1. There will be no expiration date once restricted stock units vest.

2. These restricted stock units vest in three equal annual installments beginning one year after the 02/21/2024 date of grant.

3. These restricted stock units vest in three equal annual installments beginning one year after the 03/20/2024 date of grant.

4. 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.

5. These restricted stock units vest in three equal annual installments beginning one year after the 05/08/2025 date of grant.

6. 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.

7. On May 12, 2025 due to an administrative error, the Reporting Person filed a Form 4 which inadvertently omitted information from the transactional columns in Table II and overstated the amount of RSUs and PSUs granted to the Reporting Person on May 8, 2025. The Form 4 has also been amended to clarify that grants of RSUs and PSUs will be settled in common stock.

Remarks:

Shares issued for vesting of 2/21/2024 RSU grant and shares disposed in settlement of tax withholding obligations for such RSU vesting.

	/s/ Jeffrey Yeh	02/24/2026
	** 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.
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FAQ

What insider transactions did RBB EVP Jeffrey Yeh report in this Form 4?

Jeffrey Yeh reported exercising 922 restricted stock units into common stock and using 380 common shares to satisfy tax obligations at $22.20 per share. The filing also updates his remaining holdings of restricted stock units and performance stock units subject to vesting conditions.

How many RBB Bancorp common shares does Jeffrey Yeh hold after these transactions?

After the reported transactions, Jeffrey Yeh directly holds 58,184 shares of RBB Bancorp common stock. This reflects the net result of exercising 922 restricted stock units and a tax-withholding disposition of 380 shares on February 20, 2026 at a stated price of $22.20.

What price per share is shown for Jeffrey Yeh’s RBB Bancorp common stock transactions?

The Form 4 shows a price of $22.20 per share for the common stock transactions. This price applies to both the 922-share acquisition resulting from a derivative exercise and the 380-share tax-withholding disposition reported on February 20, 2026.

What vesting terms apply to Jeffrey Yeh’s restricted stock units and performance stock units at RBB?

Certain restricted stock units vest in three equal annual installments starting one year after their grant dates in February, March, and May 2024 and 2025. Performance stock units vest over three-year periods, subject to performance goals and continued employment conditions described in the filing footnotes.

Did the RBB Bancorp Form 4 mention any correction of prior equity grant reporting for Jeffrey Yeh?

Yes. A footnote explains that a May 12, 2025 Form 4 previously overstated the number of RSUs and PSUs granted on May 8, 2025. The amended disclosure clarifies the correct awards and notes that those RSUs and PSUs will be settled in common stock.

What is the maximum potential vesting level for certain RBB performance stock units held by Jeffrey Yeh?

One performance stock unit award is stated at a target level with potential vesting up to 150% of that target. The reported units represent the maximum award that may ultimately vest after a three-year period beginning May 8, 2025, subject to performance and employment conditions.