RBB Bancorp (RBB) EVP details stock, RSU, PSU and option holdings
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
RBB Bancorp executive Gary Fan, EVP and Chief Operations Officer, reported his equity holdings as of May 13, 2026. He holds 2,368 shares of common stock directly, along with multiple equity awards in the form of restricted stock units, performance stock units, and stock options.
The filing shows restricted stock units tied to common stock totaling 3,106, 2,904, 1,314 and 1,011 underlying shares, each with specific vesting dates extending into 2027 and 2028. Performance stock units cover 4,660, 6,534 and 5,916 underlying shares, with vesting based on performance goals over multi‑year periods and continued employment, in some cases allowing up to 150% of target awards to vest.
Fan also holds 12,000 stock options expiring in 2032, with remaining tranches vesting in two equal annual installments on December 5, 2026 and December 5, 2027. The Form 4 records these positions as holdings rather than new open‑market purchases or sales.
Positive
- None.
Negative
- None.
Insider Trade Summary
9 transactions reported
Mixed
9 txns
Insider
Fan Gary
Role
EVP/Chief Operations Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Options | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Performance Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Performance Stock Units | -- | -- | -- |
| holding | Performance Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Common Stock, No Par Value | -- | -- | -- |
Holdings After Transaction:
Options — 12,000 shares (Direct, null);
Restricted Stock Units — 1,011 shares (Direct, null);
Performance Stock Units — 5,916 shares (Direct, null);
Common Stock, No Par Value — 2,368 shares (Direct, null)
Footnotes (1)
- These remaining options vest in two equal annual installments on 12/05/2026 and 12/05/2027. These remaining restricted stock units vest on 02/21/2027. There will be no expiration date once restricted stock units vest. These remaining restricted stock units vest on 03/20/2027. 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 remaining restricted stock units vest in two equal installments on 05/08/2027 and 05/08/2028. 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. Performance Stock Units ("PSUs") to vest conditionally on the achievement of certain performance goals to occur after December 31, 2028, and before March 14, 2029, 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 certification by the Board of Directors 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 05/13/2026 date of grant.
Key Figures
Direct common shares: 2,368 shares
RSUs underlying shares: 3,106 shares
PSUs underlying shares: 4,660 shares
+5 more
8 metrics
Direct common shares
2,368 shares
Common Stock, No Par Value held directly after transactions
RSUs underlying shares
3,106 shares
Restricted Stock Units tied to Common Stock
PSUs underlying shares
4,660 shares
Performance Stock Units tied to Common Stock
PSUs maximum award
6,534 shares
Performance Stock Units at maximum level tied to Common Stock
Additional RSUs underlying
2,904 shares
Restricted Stock Units vesting on 03/20/2027
PSUs performance grant
5,916 shares
Performance Stock Units with three-year performance period beginning 05/08/2025
RSUs additional grant
1,314 shares
Restricted Stock Units vesting in installments on 05/08/2027 and 05/08/2028
Stock options
12,000 options
Options expiring 12/20/2032; remaining options vest on 12/05/2026 and 12/05/2027
Key Terms
Restricted Stock Units, Performance Stock Units, maximum award, employment condition, +1 more
5 terms
Restricted Stock Units financial
"These remaining restricted stock units vest on 02/21/2027."
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.
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.
maximum award financial
"The reported PSUs represent the maximum award that may be achieved and ultimately vest."
employment condition financial
"subject to the Reporting Person's satisfaction of the employment condition."
stock options financial
"These remaining options vest in two equal annual installments on 12/05/2026 and 12/05/2027."
Stock options are agreements that give a person the right to buy or sell a company's stock at a specific price within a certain time frame. They are often used as a reward or incentive, similar to a coupon that can be used later if the stock price rises, allowing the holder to make a profit.
FAQ
What did RBB (RBB Bancorp) EVP Gary Fan report in this Form 4?
Gary Fan reported his current equity holdings in RBB Bancorp. The Form 4 lists directly held common shares plus multiple restricted stock units, performance stock units, and stock options, with detailed vesting schedules, rather than showing new open‑market purchases or sales.
What restricted stock unit (RSU) awards does Gary Fan have at RBB Bancorp (RBB)?
Fan holds several RSU awards linked to RBB common stock. The filing shows awards tied to 3,106, 2,904, 1,314 and 1,011 underlying shares, with vesting dates spanning February 21, 2027, March 20, 2027 and installments beginning May 8, 2027 and May 13, 2027.
How are Gary Fan’s performance stock units (PSUs) in RBB Bancorp structured?
Fan’s PSUs vest based on performance goals and employment conditions. Awards tied to 4,660, 6,534 and 5,916 underlying shares can vest over three‑year periods, with some grants capable of paying up to 150% of target if specified performance criteria are achieved.
What stock options does RBB Bancorp executive Gary Fan hold?
Fan holds 12,000 stock options related to RBB Bancorp. According to the filing, these remaining options vest in two equal annual installments on December 5, 2026 and December 5, 2027 and have an expiration date of December 20, 2032.
Does this RBB (RBB Bancorp) Form 4 show insider buying or selling?
The Form 4 records holdings rather than clear buying or selling. All entries use an unknown transaction code and are described as holdings, with no designated buy or sell codes, indicating a position update instead of new market transactions.