RBB Bancorp EVP exercises 1,465 RSUs
RBB Bancorp EVP Jeffrey Yeh reported routine equity compensation activity.
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Form Type
4
Rhea-AI Filing Summary
RBB Bancorp EVP Jeffrey Yeh reported routine equity compensation activity. He exercised restricted stock units to acquire 1,465 shares of Common Stock, while 526 shares were disposed of in a tax-withholding transaction tied to this vesting. Following these transactions, he directly held 59,973 shares of Common Stock.
Yeh also continues to hold performance stock units and restricted stock units that may convert into Common Stock in the future. According to the filing, certain remaining restricted stock units vest in 2027 and 2028, and performance stock units vest after three-year performance and employment periods beginning on 03/20/2024 and 05/08/2025.
Insider Trade Summary
1,465 shares exercised/converted
Exercise
7 txns
Insider
Yeh Jeffrey
Role
EVP
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 1,465 | $0.00 | $0.00 |
| Exercise | Common Stock, No Par Value | 1,465 | $24.05 | $35K |
| Exercise Price or Tax Liability | Common Stock, No Par Value | 526 | $24.05 | $13K |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Performance Stock Units | -- | -- | -- |
| holding | Performance Stock Units | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 5,176 contracts for 2,247 underlying shares (Direct);
Common Stock, No Par Value — 59,973 shares (Direct);
Performance Stock Units — 12,556 contracts (Direct)
Footnotes (6)
- 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.
Key Figures
RSUs exercised: 1,465 shares
Tax-withholding shares: 526 shares
Share price for F transaction: $24.05 per share
+5 more
8 metrics
RSUs exercised
1,465 shares
Restricted Stock Units converted to Common Stock on 05/08/2026
Tax-withholding shares
526 shares
Shares disposed of to satisfy tax liability at $24.05 per share
Share price for F transaction
$24.05 per share
Value used for 526-share tax-withholding disposition
Common shares held after
59,973 shares
Direct ownership of Common Stock following reported transactions
Remaining PSUs grant 1
6,589 underlying shares
Performance Stock Units tied to Common Stock, direct ownership
Remaining PSUs grant 2
5,967 underlying shares
Additional Performance Stock Units tied to Common Stock
Remaining RSUs grant 1
1,326 underlying shares
Restricted Stock Units vesting on 02/21/2027 and 03/20/2027
Remaining RSUs grant 2
921 underlying shares
Restricted Stock Units vesting 05/08/2027 and 05/08/2028
Key Terms
Performance Stock Units, Restricted Stock Units, tax-withholding disposition, derivative security, +1 more
5 terms
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.
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.
tax-withholding disposition financial
"Payment of exercise price or tax liability by delivering securities"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
derivative security financial
"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.
vest financial
"The reported PSUs will vest at the expiration of a three-year period"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did RBB (RBB) executive Jeffrey Yeh report?
EVP Jeffrey Yeh reported exercising 1,465 restricted stock units into RBB Bancorp common shares. In the same event, 526 shares were disposed of to cover tax obligations, reflecting a routine compensation-related equity vesting rather than an open-market stock sale.
Were any of Jeffrey Yeh’s RBB transactions open-market buys or sells?
The filing shows no open-market purchases or sales by Jeffrey Yeh. The activity consists of a derivative exercise of 1,465 restricted stock units and a 526-share tax-withholding disposition, which is a non-market mechanism to satisfy tax obligations on vested equity awards.
What performance stock units does Jeffrey Yeh still hold at RBB Bancorp?
Jeffrey Yeh holds performance stock units tied to RBB Bancorp Common Stock that vest conditionally based on performance goals and continued employment. Some PSUs relate to a three-year period beginning on 03/20/2024, and others to a three-year period beginning on 05/08/2025.
When will Jeffrey Yeh’s remaining restricted stock units at RBB vest?
The filing states that some of Jeffrey Yeh’s remaining restricted stock units vest on 02/21/2027 and 03/20/2027. Additional restricted stock units vest in two equal annual installments on 05/08/2027 and 05/08/2028, subject to standard continued-employment conditions.
Do Jeffrey Yeh’s RBB performance stock units have a maximum payout level?
Yes. One performance stock unit award is granted at a target level but can vest up to 150% of that target. The reported PSUs in that grant represent the maximum award that may ultimately vest after the three-year period beginning on 05/08/2025.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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