OP Bancorp (NASDAQ: OPBK) CFO exercises RSUs and withholds shares for tax

Rhea-AI Filing Summary

OP Bancorp Chief Financial Officer Jaehyun Park reported equity compensation activity involving restricted stock units and common shares. On March 3, 2026, 1,535 restricted stock units were exercised into 1,535 shares of common stock at a stated price of $0.00 per share.

On the same date, 577 common shares were disposed of at $13.39 per share in a tax-withholding transaction related to this equity award, leaving 958 common shares directly owned after the withholding. Following the RSU exercise, 6,140 restricted stock units remained directly held.

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

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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^*

Park Jaehyun

(Last) (First) (Middle)

1000 WILSHIRE BLVD STE 500

(Street)

LOS ANGELES CA 90017

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
OP Bancorp [ OPBK ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

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

3. Date of Earliest Transaction (Month/Day/Year)
03/03/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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	03/03/2026		M		1,535	A	(1)	1,535	D
Common Stock	03/03/2026		F		577	D	$13.39	958	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)	03/03/2026		M			1,535	(2)	(2)	Common Stock	1,535	$0	6,140	D

Explanation of Responses:

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

2. On March 3, 2025, the reporting person was granted 7,675 shares of restricted stock units, vesting in five equal annual installments beginning on the first anniversary of the grant date.

Remarks:

	/s/ Jaehyun Park	03/03/2026
	** 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.

FAQ

What insider transactions did OP Bancorp (OPBK) report for its CFO?

OP Bancorp’s CFO Jaehyun Park reported exercising 1,535 restricted stock units into common shares and disposing of 577 common shares to cover tax obligations. These transactions reflect routine equity compensation activity rather than an open-market purchase or sale of shares.

How many OP Bancorp shares did the CFO acquire and dispose in this Form 4?

Jaehyun Park acquired 1,535 common shares through the exercise of restricted stock units and disposed of 577 common shares for tax withholding. After these transactions, 958 common shares and 6,140 restricted stock units remained directly owned by the CFO.

At what price were OP Bancorp shares used for the CFO’s tax withholding?

The 577 OP Bancorp common shares disposed of for tax withholding were valued at $13.39 per share. This transaction was reported under code “F,” indicating shares were delivered to satisfy tax liabilities tied to the equity award, not sold in an open market trade.

What does the RSU exercise mean for OP Bancorp (OPBK) CFO ownership?

The RSU exercise converted 1,535 restricted stock units into 1,535 common shares directly owned by the CFO. After this and the related tax withholding, the CFO held 958 common shares and 6,140 remaining restricted stock units, indicating continued equity-based alignment with shareholders.

How are the OP Bancorp restricted stock units structured for the CFO?

Restricted stock units convert to OP Bancorp common stock on a one-for-one basis. A prior grant of 7,675 RSUs to the CFO vests in five equal annual installments, beginning on the first anniversary of the March 3, 2025 grant date, subject to continued service conditions.