RBB Bancorp (RBB) EVP Jeffrey Yeh gains 842 shares from RSU vesting
Rhea-AI Filing Summary
RBB Bancorp executive Jeffrey Yeh reported an equity award vesting and share acquisition. On 01/16/2026, 842 restricted stock units converted into 842 shares of RBB Bancorp common stock at a referenced price of $21.56 per share, increasing his directly held common stock to 57,642 shares.
The Form 4 also updates Yeh’s outstanding equity awards, including several blocks of restricted stock units and performance stock units that generally vest in three equal annual installments beginning one year after their grant dates, or after a three-year performance period tied to specified goals and continued employment. A prior Form 4 from May 2025 was corrected to fix an administrative error that had overstated RSU and PSU grant amounts and to clarify that these awards will be settled in common stock.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 842 | $0.00 | -- |
| Exercise | Common Stock, No Par Value | 842 | $21.56 | $18K |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Performance Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Performance Stock Units | -- | -- | -- |
Footnotes (1)
- There will be no expiration date once restricted stock units vest. These restricted stock units vest in three equal annual installments beginning one year after the 01/18/2023 date of grant. These restricted stock units vest in three equal annual installments beginning one year after the 02/21/2024 date of grant. These restricted stock units vest in three equal annual installments beginning one year after the 03/20/2024 date of grant. 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. These restricted stock units vest in three equal annual installments beginning one year after the 05/08/2025 date of grant. 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. 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.
FAQ
What insider transaction did RBB (RBB) report for Jeffrey Yeh on January 16, 2026?
On 01/16/2026, EVP Jeffrey Yeh reported the vesting and conversion of 842 restricted stock units into 842 shares of RBB Bancorp common stock, shown with a transaction code "M" and a referenced price of $21.56 per share.
What unvested restricted stock units and performance stock units does Jeffrey Yeh hold at RBB?
After the transactions, the filing shows restricted stock units positions of 1,843, 2,143, and 4,394 units, and performance stock units of 5,967 and 6,589 units, all held directly. These awards vest over time in equal annual installments or at the end of three-year performance periods, subject to performance goals and continued employment.
How do Jeffrey Yeh’s RBB restricted stock units vest over time?
The footnotes state that certain restricted stock units vest in three equal annual installments starting one year after their grant dates of 01/18/2023, 02/21/2024, 03/20/2024, and 05/08/2025. Performance stock units vest at the end of three-year periods beginning on 03/20/2024 and 05/08/2025, subject to achievement of performance goals and an employment condition.
What correction to prior RBB equity awards does this Form 4 describe?
A footnote explains that on May 12, 2025, an earlier Form 4 for Jeffrey Yeh contained an administrative error that omitted information from Table II transaction columns and overstated RSU and PSU amounts granted on May 8, 2025. That Form 4 has been amended to fix these amounts and to clarify that the RSU and PSU grants will be settled in common stock.