OP Bancorp COO exercises 4,000 RSUs
OP Bancorp Chief Operating Officer Christine Yoon Oh exercised restricted stock units and settled related taxes in shares.
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Rhea-AI Filing Summary
OP Bancorp Chief Operating Officer Christine Yoon Oh exercised restricted stock units and settled related taxes in shares. She converted 4,000 restricted stock units into 4,000 shares of OP Bancorp common stock, consistent with the one-for-one conversion described in the footnotes.
Of these shares, 1,290 were disposed of as a tax-withholding transaction, meaning they were delivered to cover tax obligations rather than sold on the open market. Following these transactions, she directly holds 142,606 shares of OP Bancorp common stock.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 4,000 | $0.00 | $0.00 |
| Exercise | Common Stock | 4,000 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 1,290 | $14.11 | $18K |
Footnotes (2)
- F1. Restricted stock units convert to shares of common stock on a one-for-one basis.
- F2. On May 25, 2023, the reporting person was granted 12,000 shares of restricted stock units, vesting in 3 equal annual installments beginning on the first anniversary of the grant date.
Key Figures
Key Terms
Restricted Stock Unit financial
tax-withholding disposition financial
derivative security financial
vesting in 3 equal annual installments financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did OP Bancorp (OPBK) report for COO Christine Yoon Oh?
What are the terms of the OP Bancorp (OPBK) restricted stock units mentioned in the filing?
How many OP Bancorp (OPBK) restricted stock units did the COO originally receive under this grant?
AI-generated analysis. How Rhea-AI works. Not financial advice.