RBB Bancorp Insider Morris Reports RSU Vesting
| Field | Detail |
|---|---|
| Company | Morris David Richard |
| Form Type | 4 |
| Filed Date | Mar 24, 2026 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 3 min |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: insider-transaction, compensation, RSU-vesting, form-4
TL;DR
**Insider David Morris reported RSU vesting at RBB Bancorp, a routine compensation event.**
AI Summary
David Richard Morris, a reporting insider for RBB Bancorp, filed a Form 4 on March 24, 2026, indicating a change in beneficial ownership related to RSU vesting on March 20, 2026. This filing is a routine disclosure of compensation and doesn't signal a direct buy or sell action by Morris. For investors, it's important to understand that RSU vesting is a common form of executive compensation and typically increases an insider's stake, which can align their interests with shareholders, but doesn't necessarily reflect a belief in the stock's immediate future performance.
Why It Matters
This filing shows how an insider, David Richard Morris, is compensated, which can influence their alignment with shareholder interests. It's a standard disclosure of executive compensation.
Risk Assessment
Risk Level: low — This filing is a routine disclosure of RSU vesting, which is a common form of executive compensation and does not indicate unusual risk.
Analyst Insight
Investors should note that this is a routine compensation disclosure and not a discretionary open-market purchase or sale. It provides insight into executive compensation structure but doesn't necessarily signal a change in the company's fundamental outlook.
Key Players & Entities
- Morris David Richard (person) — Reporting insider for RBB Bancorp
- RBB Bancorp (company) — Issuer of the securities
- 0001711919 (person) — CIK for Morris David Richard
- 0001499422 (company) — CIK for RBB Bancorp
FAQ
Who is the reporting person in this Form 4 filing?
The reporting person is Morris David Richard, with CIK 0001711919.
Which company's securities are involved in this filing?
The securities are from RBB Bancorp, which has CIK 0001499422.
What is the nature of the transaction reported in this Form 4?
The transaction is related to RSU (Restricted Stock Unit) vesting, as indicated by the document description 'DAVID MORRIS - RSU VESTING'.
When was this Form 4 filed and accepted by the SEC?
The Form 4 was filed on March 24, 2026, and accepted on March 24, 2026, at 15:20:34.
What was the period of report for the transaction detailed in this filing?
The period of report for the transaction was March 20, 2026.
Filing Stats: 713 words · 3 min read · ~2 pages · Grade level 7.5 · Accepted 2026-03-24 15:20:34
Filing Documents
- rdgdoc.html (4)
- rdgdoc.xml (4) — 8KB
- 0001437749-26-009578.txt ( ) — 10KB
From the Filing
SEC FORM 4 SEC Form 4 FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 OMB APPROVAL OMB Number: 3235-0287 Estimated average burden hours per response: 0.5 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b). Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10. 1. Name and Address of Reporting Person * Morris David Richard (Last) (First) (Middle) 1055 WILSHIRE BLVD SUITE 1200 (Street) LOS ANGELES CALIFORNIA 90017 (City) (State) (Zip) UNITED STATES (Country) 2. Issuer Name and Ticker or Trading Symbol RBB Bancorp [ RBB ] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) X Director 10% Owner Officer (give title below) Other (specify below) 2a. Foreign Trading Symbol 3. Date of Earliest Transaction (Month/Day/Year) 03/20/2026 6. Individual or Joint/Group Filing (Check Applicable Line) X Form filed by One Reporting Person Form filed by More than One Reporting Person 4. If Amendment, Date of Original Filed (Month/Day/Year) Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned 1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4) Code V Amount (A) or (D) Price Common Stock, No Par Value 03/20/2026 M 3,164 A $ 20.43 49,156 D Common Stock, No Par Value 03/20/2026 F 1,234 D $ 20.43 47,922 D Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) 1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4) Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares Restricted Stock Units $ 0.0000 (2) (1) Common Stock (4) 2,225 2,225 D Restricted Stock Units $ 20.43 03/20/2026 M 3,164 (3) (1) Common Stock (4) 6,328 $ 0 3,164 D Explanation of Responses: 1. There will be no expiration date once restricted stock units vest. 2. These restricted stock units vest in three equal installments beginning one year after 02/21/2024 date of grant. 3. These restricted stock units vest in three equal installments beginning one year after 03/20/2024 date of grant. 4. The Form 4 has been updated to clarify that grants of RSUs will be settled in common stock. Remarks: Shares issued for vesting of 3/20/2024 RSU grant and shares disposed in settlement of tax withholding obligations for such RSU vesting. /s/ David Morris 03/24/2026 ** Signature of Reporting Person Date Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. * If the form is filed by more than one reporting person, see Instruction 4 (b)(v). ** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number. * Form 4: SEC 1474 (03-26)