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OP Bancorp (NASDAQ: OPBK) director exercises 2,408 RSUs and receives 2,134-unit equity grant

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

OP Bancorp director Hyung J Kim reported routine equity compensation activity. On May 28, 2026, Kim exercised 2,408 restricted stock units that converted into the same number of common shares at no cost, increasing direct common stock holdings to 9,235 shares.

On the same date, Kim also received a new grant of 2,134 restricted stock units, each convertible into one share of common stock. According to the footnotes, these RSUs vest at the 2027 annual shareholders meeting, while the 2,408 RSUs exercised on May 28, 2026 were granted in 2025 and vested at the 2026 annual shareholders meeting.

Positive

  • None.

Negative

  • None.
Insider Kim Hyung J
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)
  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.
RSUs exercised 2,408 units Restricted stock units converted into common stock on May 28, 2026
New RSU grant 2,134 units Restricted stock units granted on May 28, 2026, vesting at 2027 annual meeting
Shares held after exercise 9,235 shares OP Bancorp common stock directly owned after May 28, 2026 exercise
Prior RSU grant 2,408 units Granted June 26, 2025, vested at 2026 annual shareholders meeting
Conversion ratio 1:1 Restricted stock units convert to common stock one-for-one
Restricted stock unit financial
"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.
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.
grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
Form 4 Insider Transactions: What Each Field Means →
SEC Form 4
FORM 4UNITED 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*
Kim Hyung J
(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)
XDirector10% 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)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock05/28/2026M2,408A(1)9,235D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Unit(1)05/28/2026M2,408 (2) (2)Common Stock2,408$00D
Restricted Stock Unit(1)05/28/2026A2,134 (3) (3)Common Stock2,134$02,134D
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 Hyung J. Kim05/29/2026
** Signature of Reporting PersonDate
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)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transactions did OP Bancorp (OPBK) director Hyung J Kim report?

Director Hyung J Kim reported exercising 2,408 restricted stock units into common stock and receiving a new grant of 2,134 restricted stock units. These are equity compensation transactions, not open-market stock purchases or sales.

How many OP Bancorp shares does Hyung J Kim hold after these Form 4 transactions?

After exercising restricted stock units, Hyung J Kim directly holds 9,235 shares of OP Bancorp common stock. In addition, he holds 2,134 restricted stock units that can convert into common shares upon vesting at a future annual shareholders meeting.

What are the details of the new restricted stock unit grant at OP Bancorp?

On May 28, 2026, Hyung J Kim received 2,134 restricted stock units, each convertible into one share of OP Bancorp common stock. A footnote states these RSUs vest at the 2027 annual shareholders meeting, making them part of his ongoing director compensation.

Were any OP Bancorp shares bought or sold on the market in this Form 4?

No open-market buys or sells were reported. The Form 4 shows an exercise of 2,408 restricted stock units into common stock and a grant of 2,134 new restricted stock units, both at a stated price of $0.00 per unit as compensation, not market trades.

How do OP Bancorp restricted stock units convert into common stock?

The footnotes state that OP Bancorp restricted stock units convert to common stock on a one-for-one basis. For example, 2,408 restricted stock units converted into 2,408 common shares when they vested, providing equity compensation without an exercise price.