OP Bancorp director converts 2,408 RSUs, awarded 2,134

OP Bancorp director Sunny Kwon reported routine equity compensation activity.

Accepted by SEC EDGAR 05/29/2026 - 05:43 PM EDT Learn about SEC filing dates

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.

Insider Trade Summary

2,408 shares exercised/converted

Exercise 3 txns

Insider Kwon Sunny

Role Director

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Unit	2,408	$0.00	$0.00
Grant/Award	Restricted Stock Unit	2,134	$0.00	$0.00
Exercise	Common Stock	2,408	$0.00	$0.00

Holdings After Transaction: Restricted Stock Unit — 2,134 contracts (Direct); Common Stock — 9,235 shares (Direct)

Holdings Before and After: Restricted Stock Unit, 2,408 to 2,134 contracts (Direct); Common Stock, 6,827 to 9,235 shares (Direct)

Footnotes (3)

1. F1. Restricted stock units convert to shares of common stock on a one-for-one basis.
2. F2. On June 26, 2025, the reporting person was granted 2,408 shares of restricted stock units, vesting on the 2026 annual shareholders meeting.
3. F3. 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."

annual shareholders meeting financial

"vesting on the 2026 annual shareholders meeting."

An annual shareholders meeting is a yearly gathering where owners of a company review its performance, hear presentations from management, ask questions, and vote on important items such as board members, executive pay, and dividend policies. Think of it as a company town hall where votes and discussions can change leadership, strategy or payouts—outcomes that can directly affect a stock’s future performance and an investor’s rights and returns.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →

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SEC Form 4

FORM 4

UNITED 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^*

Kwon Sunny

(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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/28/2026

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	05/28/2026		M		2,408	A	(1)	9,235	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 Unit	(1)	05/28/2026		M			2,408	(2)	(2)	Common Stock	2,408	$0	0	D
Restricted Stock Unit	(1)	05/28/2026		A		2,134		(3)	(3)	Common Stock	2,134	$0	2,134	D

Explanation of Responses:

1. Restricted stock units convert to shares of common stock on a one-for-one basis.

2. On June 26, 2025, the reporting person was granted 2,408 shares of restricted stock units, vesting on the 2026 annual shareholders meeting.

3. On May 28, 2026, the reporting person was granted 2,134 shares of restricted stock units, vesting on the 2027 annual shareholders meeting.

Remarks:

	/s/ Jaehyun Park attorney-in-fact for Sunny Kwon	05/29/2026
	** 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)