David Richard Morris - 20 Mar 2025 Form 4 Insider Report for RBB Bancorp (RBB)

Reporting relationship: Bancorp CEO, Director
Issuer ticker: RBB
Reported as of: 20 Mar 2025
Net transaction value: +$34,686
SEC form: 4
Accepted by SEC: 24 Mar 2025, 13:45:02 UTC
Prior SEC filing: 25 Feb 2025
Next SEC filing: 21 Jan 2026
Source filing: View source filing
Reporting owner signature: /s/ David Morris

Key filing fact

David Richard Morris filed Form 4 for RBB Bancorp (RBB) on 24 Mar 2025.

Key facts

This page summarizes David Richard Morris's Form 4 filing for RBB Bancorp (RBB).
3 reported transactions and 4 derivative rows are listed below.
Accepted by SEC: 24 Mar 2025, 13:45.

Change

Previous filing in this sequence was filed on 25 Feb 2025.
Current net transaction value: +$34,686.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

RBB transaction

Common Stock, No Par Value

Options Exercise

Transaction value: $54,027
Shares: +3,165
Change %: +7.7%
Price: $17.07
Shares after: 44,181
Date: 20 Mar 2025
Ownership: Direct

RBB transaction

Common Stock, No Par Value

Tax liability

Transaction value: $19,340
Shares: -1,133
Change %: -2.6%
Price: $17.07
Shares after: 43,048
Date: 20 Mar 2025
Ownership: Direct

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

RBB transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value: $0
Shares: -3,165
Change %: -33%
Price: $0.000000
Shares after: 6,328
Date: 20 Mar 2025
Ownership: Direct
Underlying class: Restricted Stock Units
Underlying amount: 9,493
Exercise price: $0.000000
Footnotes: F1, F4

RBB holding Derivative

Restricted Stock Units

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 2,602
Date: 20 Mar 2025
Ownership: Direct
Underlying class: Restricted Stock Units
Underlying amount: 2,602
Exercise price: $0.000000
Footnotes: F1, F2

RBB holding Derivative

Restricted Stock Units

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 4,450
Date: 20 Mar 2025
Ownership: Direct
Underlying class: Restricted Stock Units
Underlying amount: 4,450
Exercise price: $0.000000
Footnotes: F1, F3

RBB holding Derivative

Performance Stock Units

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 14,240
Date: 20 Mar 2025
Ownership: Direct
Underlying class: Performance Stock Units
Underlying amount: 14,240
Exercise price: $0.000000
Footnotes: F1, F5

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 5 footnotes

Footnote F1

There will be no expiration date once restricted stock units vest.

Footnote F2

These restricted stock units vest in three equal installments beginning one year after 01/18/2023 date of grant.

Footnote F3

These restricted stock units vest in three equal installments beginning one year after 02/21/2024 date of grant.

Footnote F4

These restricted stock units vest in three equal installments beginning one year after 03/20/2024 date of grant.

Footnote 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.

SEC remarks

Shares issued for vesting of 3/20/2024 RSU grant and shares disposed in settlement of tax withholding obligations for such RSU vesting.