JOHNNY LEE - 21 Jul 2025 Form 4 Insider Report for RBB Bancorp (RBB)

Role
President/CEO, Director
Signature
/s/ Johnny Lee
Issuer symbol
RBB
Transactions as of
21 Jul 2025
Transactions value $
$64,459
Form type
4
Filing time
22 Jul 2025, 18:12:50 UTC
Previous filing
03 Jun 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
LEE JOHNNY C President/CEO, Director 1055 WILSHIRE BLVD, SUITE 1200, LOS ANGELES /s/ Johnny Lee 22 Jul 2025 0001185980

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RBB Common Stock, No Par Value Award $100,375 +5,500 +93% $18.25 11,443 21 Jul 2025 Direct
transaction RBB Common Stock, No Par Value Tax liability -$35,916 -1,968 -17% $18.25 9,475 21 Jul 2025 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction RBB Restricted Stock Units Options Exercise $0 -5,500 -50% $0 5,500 21 Jul 2025 Common Stock 11,000 $0 Direct F1, F2, F8
holding RBB Restricted Stock Units 2,196 21 Jul 2025 Common Stock 2,196 $0 Direct F2, F3, F8
holding RBB Restricted Stock Units 5,282 21 Jul 2025 Common Stock 5,282 $0 Direct F2, F4, F8
holding RBB Performance Stock Units 12,332 21 Jul 2025 Common Stock 12,332 $0 Direct F2, F5, F8
holding RBB Restricted Stock Units 13,068 21 Jul 2025 Common Stock 13,068 $0 Direct F2, F6, F8
holding RBB Performance Stock Units 19,602 21 Jul 2025 Common Stock 19,602 $0 Direct F2, F7, F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These restricted stock units vest in three equal annual installments beginning one year after the 07/20/2023 date of grant.
F2 There will be no expiration date once restricted stock units vest.
F3 These restricted stock units vest in three equal annual installments beginning one year after the 02/21/2024 date of grant.
F4 These restricted stock units vest in three equal annual installments beginning one year after the 03/20/2024 date of grant.
F5 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.
F6 These restricted stock units vest in three equal annual installments beginning one year after the 05/08/2025 date of grant.
F7 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.
F8 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.

Remarks:

Shares issued for vesting of 7/20/2023 RSU grant and shares disposed in settlement of tax withholding obligations for such RSU vesting.