OP Bancorp director exercises RSUs, gets new grant
OP Bancorp director Yoon Ki Won reported equity-compensation activity rather than market trades.
Rhea-AI Filing Summary
OP Bancorp director Yoon Ki Won reported equity-compensation activity rather than market trades. On May 28, 2026, he exercised 2,408 restricted stock units into common stock, bringing his direct common share holdings to 52,818. The same day, he received a new grant of 2,134 restricted stock units that convert one-for-one into common stock and are scheduled to vest at the 2027 annual shareholders meeting. A prior 2,408-unit grant from June 26, 2025, vested at the 2026 annual shareholders meeting and was fully converted, leaving no remaining units from that award.
Positive
- None.
Negative
- None.
Insider Trade Summary
2,408 shares exercised/converted
Exercise
3 txns
Insider
YOON KI WON
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 — 52,818 shares (Direct)
Footnotes (3)
- F1. Restricted stock units convert to shares of common stock on a one-for-one basis.
- F2. On June 26, 2025, the reporting person was granted 2,408 shares of restricted stock units, vesting on the 2026 annual shareholders meeting.
- 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: 52,818 shares
New RSU grant: 2,134 units
+2 more
5 metrics
RSUs exercised
2,408 units
Restricted stock units converted into common stock on May 28, 2026
Common shares after exercise
52,818 shares
Direct OP Bancorp common stock holdings following transactions
New RSU grant
2,134 units
Restricted stock units granted on May 28, 2026, vesting at 2027 annual meeting
Prior RSU grant
2,408 units
Granted June 26, 2025, vested at 2026 annual shareholders meeting
Conversion ratio
1.0 share/unit
Restricted stock units convert to common stock on a one-for-one basis
Key Terms
Restricted Stock Unit, derivative security, grant, award, or other acquisition, one-for-one basis
4 terms
Restricted Stock Unit financial
"On May 28, 2026, the reporting person was granted 2,134 shares of restricted stock units, vesting on the 2027 annual shareholders meeting."
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.
derivative security financial
"transaction_code_description: 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.
grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
one-for-one basis financial
"Restricted stock units convert to shares of common stock on a one-for-one basis."
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did OP Bancorp (OPBK) director Yoon Ki Won report in this Form 4?
The Form 4 shows Yoon Ki Won exercised 2,408 restricted stock units into OP Bancorp common stock and received a new grant of 2,134 restricted stock units. These transactions reflect equity compensation events, not open‑market buying or selling of shares.
What new restricted stock unit grant did OP Bancorp award to Yoon Ki Won?
On May 28, 2026, Yoon Ki Won was granted 2,134 restricted stock units, each convertible into one share of OP Bancorp common stock. According to the filing footnote, these units are scheduled to vest at the company’s 2027 annual shareholders meeting, subject to applicable conditions.
How were prior OP Bancorp restricted stock units for Yoon Ki Won treated in this filing?
A prior grant of 2,408 restricted stock units awarded on June 26, 2025 vested at the 2026 annual shareholders meeting. On May 28, 2026, those units were fully converted into 2,408 shares of OP Bancorp common stock, leaving no remaining units outstanding from that specific grant.
Does this OP Bancorp Form 4 show any open‑market stock sales or purchases?
No open‑market purchases or sales are reported. The filing only records equity compensation activity: the grant of 2,134 restricted stock units and the conversion of 2,408 previously granted units into common stock. All transactions are coded as awards or derivative exercises, not market trades.
AI-generated analysis. How Rhea-AI works. Not financial advice.
