RBB Bancorp (RBB) director reports RSU vesting, share exercises and new award
Rhea-AI Filing Summary
RBB Bancorp director Geraldine Pannu reported compensation-related equity activity involving restricted stock units and common shares. On May 21, 2026, she exercised RSUs that converted one-for-one into 1,846 common shares and a separate block of 700 common shares, both at a stated price of $0.00 per share.
These transactions reflect the vesting and conversion of prior RSU awards. The filing also shows a new grant of 2,546 restricted stock units, with footnotes stating that 1,846 vested immediately and 700 will vest on the one-year anniversary of the grant date. Following these awards and conversions, she continues to hold common stock directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 2,546 shares
Net Buy
5 txns
Insider
Pannu Geraldine
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 700 | $0.00 | $0.00 |
| Grant/Award | Restricted Stock Units | 2,546 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 1,846 | $0.00 | $0.00 |
| Exercise | Common Stock, No Par Value | 700 | $0.00 | $0.00 |
| Exercise | Common Stock, No Par Value | 1,846 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Units — 700 shares (Direct);
Common Stock, No Par Value — 8,267 shares (Direct)
Footnotes (3)
- F1. Restricted stock units convert into common stock on a one-for-one basis.
- F2. On May 21, 2025, the reporting person was granted 3,521 restricted stock units: 2,821 immediately vested and 700 vested on the one year anniversary of the grant date.
- F3. On May 21, 2026, the reporting person was granted 2,546 restricted stock units: 1,846 vested immediately and 700 will vest on the one year anniversary of the grant date.
Key Figures
Common shares from RSU exercise: 1,846 shares
Additional common shares from RSU exercise: 700 shares
New RSU grant size: 2,546 units
+3 more
6 metrics
Common shares from RSU exercise
1,846 shares
RSUs converted to common stock on May 21, 2026
Additional common shares from RSU exercise
700 shares
Separate RSU block converted on May 21, 2026
New RSU grant size
2,546 units
Restricted stock units granted on May 21, 2026
Immediately vested RSUs from 2026 grant
1,846 units
Portion of 2,546-unit RSU grant vested immediately
RSUs vesting in one year
700 units
From May 21, 2026 RSU grant vesting after one year
Shares held after largest common-stock line
8,267 shares
Direct common stock holdings shown after one transaction
Key Terms
Restricted stock units, derivative security, grant, award, or other acquisition, one-for-one basis, +1 more
5 terms
Restricted stock units financial
"The filing also shows a new grant of 2,546 restricted stock units"
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.
derivative security financial
"transaction_code_description: Exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
one-for-one basis financial
"Restricted stock units convert into common stock on a one-for-one basis."
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What equity transactions did RBB director Geraldine Pannu report on this Form 4 for RBB?
Geraldine Pannu reported RSU-related transactions, exercising units into 1,846 and 700 RBB common shares at $0.00 per share. She also reported a new grant of 2,546 restricted stock units as part of her director compensation program.
What new restricted stock unit grant did RBB director Geraldine Pannu receive?
She received a new grant of 2,546 restricted stock units tied to RBB common stock. According to the footnotes, 1,846 RSUs vested immediately, while 700 RSUs will vest on the one-year anniversary of the May 21, 2026 grant date.
Are there any remaining derivative positions disclosed for RBB director Geraldine Pannu?
The derivative summary in this filing is empty, indicating no additional derivative positions such as unexercised RSUs or options are listed beyond the reported RSU conversions and the new 2,546-unit restricted stock grant detailed in the transaction table and footnotes.