OP Bancorp CFO exercises RSUs, withholds shares
OP Bancorp Chief Financial Officer Jaehyun Park reported equity compensation activity involving restricted stock units and common shares.
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 1,535 | $0.00 | $0.00 |
| Exercise | Common Stock | 1,535 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 577 | $13.39 | $8K |
Footnotes (2)
- F1. Restricted stock units convert to shares of common stock on a one-for-one basis.
- F2. 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.
FAQ
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What insider transactions did OP Bancorp (OPBK) report for its CFO?
What does the RSU exercise mean for OP Bancorp (OPBK) CFO ownership?
How are the OP Bancorp restricted stock units structured for the CFO?
AI-generated analysis. How Rhea-AI works. Not financial advice.