RBB Bancorp director exercises options, sells shares
RBB Bancorp director LIN CHUANG I reported an exercise-and-sell transaction in company stock.
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Form Type
4
Rhea-AI Filing Summary
RBB Bancorp director LIN CHUANG I reported an exercise-and-sell transaction in company stock. On May 7, 2026, the director exercised options for 10,000 shares of common stock at $18.25 per share and sold 10,000 shares in an open-market transaction at an average price of $24.2346 per share. After these transactions, the director directly holds 51,347 shares of common stock. The filing also shows 700 restricted stock units that are scheduled to vest on May 21, 2026, reflecting a remaining equity-based incentive position.
Insider Trade Summary
Exercise and sale activity reported; no spread calculated
Exercise and Sale
4 txns
Insider
LIN CHUANG I
Role
Director
Sold
10,000 shs ($242K)
Approx. gross sale proceeds
$242K
Approx. exercise cost
$183K
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Option (right to buy) | 10,000 | $18.25 | $183K |
| Exercise | Common Stock, No Par Value | 10,000 | $18.25 | $183K |
| Sale | Common Stock, No Par Value | 10,000 | $24.2346 | $242K |
| holding | Restricted Stock Units | -- | -- | -- |
Holdings After Transaction:
Option (right to buy) — 0 contracts (Direct);
Common Stock, No Par Value — 51,347 shares (Direct);
Restricted Stock Units — 700 contracts (Direct)
Footnotes (3)
- F1. These options vested in three equal annual installments beginning one year after the 05/17/2016 date of grant.
- F2. There will be no expiration date once restricted stock units vest.
- F3. These remaining restricted stock units vest on 05/21/2026.
Key Figures
Shares sold: 10,000 shares
Sale price: $24.2346 per share
Option exercise price: $18.25 per share
+3 more
6 metrics
Shares sold
10,000 shares
Open-market sale of common stock on May 7, 2026
Sale price
$24.2346 per share
Average sale price for 10,000 RBB Bancorp common shares
Option exercise price
$18.25 per share
Exercise price for 10,000 stock options converted on May 7, 2026
Shares after transactions
51,347 shares
Director’s direct common stock holdings following reported activity
Remaining RSUs
700 units
Restricted stock units scheduled to vest on May 21, 2026
Option grant date
May 17, 2016
Original grant date for options exercised in three annual installments
Key Terms
Restricted Stock Units, open-market sale, derivative security, exercise or conversion, +1 more
5 terms
Restricted Stock Units financial
"These remaining restricted stock units vest on 05/21/2026."
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.
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.
exercise or conversion financial
"transaction_action": "derivative exercise/conversion""
net-sell financial
"netBuySellDirection": "net-sell""
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did LIN CHUANG I report for RBB on this Form 4?
The director exercised options for 10,000 RBB Bancorp shares at $18.25 and sold 10,000 shares at $24.2346 on May 7, 2026. This combination is an exercise-and-sell transaction, converting an option position into cash while maintaining a substantial remaining shareholding.
What happens to LIN CHUANG I’s restricted stock units in RBB after this Form 4?
The Form 4 shows 700 restricted stock units remaining for LIN CHUANG I, separate from common shares. According to the disclosure, these units vest on May 21, 2026, providing additional future equity-based compensation if service-based conditions continue to be satisfied through that vesting date.
How does this RBB Bancorp Form 4 classify the type of insider sale?
The Form 4 classifies the 10,000-share disposition as an open-market sale, coded “S.” This indicates the shares were sold in the market or a private transaction, rather than being withheld for taxes, gifted, or transferred back to the issuer under a non-market mechanism.
What option grant details are disclosed for LIN CHUANG I in this RBB filing?
The filing references options granted on May 17, 2016 that vested in three equal annual installments starting one year after grant. On May 7, 2026, 10,000 options with an $18.25 exercise price were exercised, and that derivative position now shows zero remaining shares after the exercise.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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