secwatch.observer — SEC 8-K summary
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Issuer:     PCB BANCORP (PCB)
CIK:        0001423869
Form:       8-K
Filed at:   2023-08-03T23:59:59+00:00
Accession:  0001423869-23-000042
Event type: other_material
Sentiment:  positive
Materiality: 0.55
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

PCB Bancorp authorizes repurchase of up to 720,000 shares (5% of outstanding)
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- Board approved repurchase of up to 720,000 shares of common stock, ~5% of outstanding.
- Program expires August 2, 2024; purchases may begin August 8, 2023.
- Repurchases may occur via open market, block trades, or private transactions.
- Company intends to use a Rule 10b5-1 trading plan for execution.
- Program is discretionary and may be suspended or discontinued at any time.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1423869/000142386923000042/0001423869-23-000042-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1423869/000142386923000042/pcb-20230802.htm
  HTML page:      https://secwatch.observer/filing/0001423869-23-000042

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer