STOCK TITAN

OP Bancorp (OPBK) chief executive converts 5,865 RSUs to stock

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

OP Bancorp Chief Executive Officer Sang Kyo Oh reported a routine equity compensation event. He exercised restricted stock units, converting 5,865 units into the same number of shares of common stock at a stated price of $0.00 per share, which reflects a non-cash conversion rather than an open-market purchase.

Following the transaction, Oh directly holds 50,865 shares of common stock and 23,461 restricted stock units. The units convert to common stock on a one-for-one basis. Footnote disclosure states he had been granted 29,326 restricted stock units, vesting in five equal annual installments beginning on the first anniversary of the grant date.

Positive

  • None.

Negative

  • None.
Insider OH Sang Kyo
Role Chief Executive Officer
Type Security Shares Price Value
Exercise Restricted Stock Unit 5,865 $0.00 --
Exercise Common Stock 5,865 $0.00 --
Holdings After Transaction: Restricted Stock Unit — 23,461 shares (Direct, null); Common Stock — 50,865 shares (Direct, null)
Footnotes (1)
  1. Restricted stock units convert to shares of common stock on a one-for-one basis. On July 1, 2025, the reporting person was granted 29,326 shares of restricted stock units, vesting in five equal annual installments beginning on the first anniversary of the grant date.
RSUs exercised 5,865 units Restricted stock units converted to common stock
Exercise price $0.00 per share Stated price for RSU-to-share conversion
Common shares after 50,865 shares Direct common stock holdings following transaction
RSUs remaining 23,461 units Restricted stock units held after the exercise
Original RSU grant 29,326 units Grant vesting in five equal annual installments
Restricted Stock Unit financial
"security_title: "Restricted Stock Unit""
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
Exercise or conversion of derivative security financial
"transaction_code_description: "Exercise or conversion of derivative security""
Common Stock financial
"security_title: "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
transaction code "M" financial
"transaction_code: "M" for derivative exercise/conversion"
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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

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*
OH Sang Kyo

(Last)(First)(Middle)
1000 WILSHIRE BLVD. SUITE 500

(Street)
LOS ANGELES CALIFORNIA 90017

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
OP Bancorp [ OPBK ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
XOfficer (give title below)Other (specify below)
Chief Executive Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
07/01/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock07/01/2026M5,865A(1)50,865D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Unit(1)07/01/2026M5,865 (2) (2)Common Stock5,865$023,461D
Explanation of Responses:
1. Restricted stock units convert to shares of common stock on a one-for-one basis.
2. On July 1, 2025, the reporting person was granted 29,326 shares of restricted stock units, vesting in five equal annual installments beginning on the first anniversary of the grant date.
Remarks:
/s/ Jaehyun Park attorney-in-fact for Sang Kyo Oh07/01/2026
** Signature of Reporting PersonDate
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)

FAQ

What insider transaction did OP Bancorp (OPBK) report for CEO Sang Kyo Oh?

OP Bancorp (OPBK) reported that CEO Sang Kyo Oh exercised 5,865 restricted stock units into the same number of common shares. This was a non-cash derivative conversion, not an open-market stock purchase or sale, and reflects routine equity compensation activity.

How many OP Bancorp (OPBK) shares does the CEO hold after this Form 4 transaction?

After the reported transaction, OP Bancorp (OPBK) CEO Sang Kyo Oh directly holds 50,865 shares of common stock. He also continues to hold 23,461 restricted stock units, which can convert into an equal number of common shares on a one-for-one basis.

Were the OP Bancorp (OPBK) CEO’s 5,865 shares an open-market buy or sell?

The 5,865 OP Bancorp (OPBK) shares were acquired through exercising restricted stock units, not through an open-market buy or sell. The Form 4 lists transaction code “M,” indicating exercise or conversion of a derivative security at a stated price of $0.00 per share.

What are the terms of the OP Bancorp (OPBK) CEO’s restricted stock unit grant?

Footnotes state that on July 1, 2025, CEO Sang Kyo Oh was granted 29,326 restricted stock units. These units vest in five equal annual installments, beginning on the first anniversary of the grant date, and each unit converts into one share of OP Bancorp common stock.

How many restricted stock units remain for the OP Bancorp (OPBK) CEO after the exercise?

Following the exercise, OP Bancorp (OPBK) CEO Sang Kyo Oh holds 23,461 restricted stock units. Each remaining unit is eligible to convert into one share of common stock, according to the one-for-one conversion ratio described in the Form 4 footnotes.