[Form 4] OP Bancorp Insider Trading Activity
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
OP Bancorp director Sunny Kwon reported routine equity compensation activity. On May 28, 2026, Kwon exercised 2,408 restricted stock units into the same number of common shares at a stated price of $0.00 per share, bringing direct common stock holdings to 9,235 shares.
On the same date, Kwon also received a new grant of 2,134 restricted stock units, each convertible into one share of common stock. Footnotes state the earlier 2,408-unit award was granted on June 26, 2025 and vested at the 2026 annual shareholders meeting, while the new 2,134-unit grant will vest at the 2027 annual shareholders meeting.
Positive
- None.
Negative
- None.
Insider Trade Summary
2,408 shares exercised/converted
Mixed
3 txns
Insider
Kwon Sunny
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 2,408 | $0.00 | -- |
| Grant/Award | Restricted Stock Unit | 2,134 | $0.00 | -- |
| Exercise | Common Stock | 2,408 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Unit — 0 shares (Direct, null);
Common Stock — 9,235 shares (Direct, null)
Footnotes (1)
- Restricted stock units convert to shares of common stock on a one-for-one basis. On June 26, 2025, the reporting person was granted 2,408 shares of restricted stock units, vesting on the 2026 annual shareholders meeting. On May 28, 2026, the reporting person was granted 2,134 shares of restricted stock units, vesting on the 2027 annual shareholders meeting.
Key Figures
RSUs exercised: 2,408 units
Common shares after exercise: 9,235 shares
New RSU grant: 2,134 units
+3 more
6 metrics
RSUs exercised
2,408 units
Converted into 2,408 common shares on May 28, 2026
Common shares after exercise
9,235 shares
Direct holdings following Form 4 transactions
New RSU grant
2,134 units
Granted May 28, 2026, vesting at 2027 annual meeting
Prior RSU grant
2,408 units
Granted June 26, 2025, vested at 2026 annual meeting
Conversion ratio
1.0
RSUs convert to common stock on a one-for-one basis
Exercise price
$0.00/share
Stated price for RSU conversion to common stock
Key Terms
Restricted stock units, derivative security, one-for-one basis, annual shareholders meeting
4 terms
Restricted stock units financial
"On May 28, 2026, the reporting person was granted 2,134 shares of restricted stock units, vesting on the 2027 annual shareholders meeting."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
derivative security financial
"Exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
one-for-one basis financial
"Restricted stock units convert to shares of common stock on a one-for-one basis."