Director at OP Bancorp (NASDAQ: OPBK) exercises 3,371 RSUs, gets 2,987 award

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

OP Bancorp director Min Kim reported equity compensation activity involving restricted stock units and common stock. On May 28, 2026, Kim exercised 3,371 restricted stock units into the same number of common shares, bringing direct common stock holdings to 614,796 shares.

On the same date, Kim was granted 2,987 new restricted stock units, each convertible into one share of common stock. A prior grant of 3,371 restricted stock units dated June 26, 2025 had vested at the 2026 annual shareholders meeting and was the source of the exercised units. The filing reflects routine equity awards and conversions, with no open-market purchases or sales.

Insider Trade Summary

3,371 shares exercised/converted

Mixed 3 txns

Insider KIM MIN

Role null

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Unit	3,371	$0.00	--
Grant/Award	Restricted Stock Unit	2,987	$0.00	--
Exercise	Common Stock	3,371	$0.00	--

Holdings After Transaction: Restricted Stock Unit — 0 shares (Direct, null); Common Stock — 614,796 shares (Direct, null)

Footnotes (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 3,371 shares of restricted stock units, vesting on the 2026 annual shareholders meeting. On May 28, 2026, the reporting person was granted 2,987 shares of restricted stock units, vesting on the 2027 annual shareholders meeting.

Key Figures

RSUs exercised: 3,371 units New RSU grant: 2,987 units Common shares held: 614,796 shares +2 more

5 metrics

RSUs exercised 3,371 units Restricted stock units converted to common stock on May 28, 2026

New RSU grant 2,987 units Restricted stock units granted on May 28, 2026

Common shares held 614,796 shares Direct common stock ownership after transactions

Prior RSU grant 3,371 units Granted June 26, 2025; vested at 2026 annual shareholders meeting

Exercise price $0.00 per unit Reported transaction price per share/unit for RSU exercise and grant

Key Terms

Restricted stock unit, derivative security, grant, award, or other acquisition, one-for-one basis

4 terms

Restricted stock unit financial

"The security title listed includes "Restricted Stock Unit" as a derivative"

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 refers to "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

"One transaction code description states "Grant, award, or other acquisition""

one-for-one basis financial

"Footnote states restricted stock units convert to common stock on a one-for-one basis"

Form 4 Insider Transactions: What Each Field Means →

05/29/2026 - 05:41 PM

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^*

KIM MIN

(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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	05/28/2026		M		3,371	A	⁽¹⁾	614,796	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Restricted Stock Unit	⁽¹⁾	05/28/2026		M			3,371	⁽²⁾	⁽²⁾	Common Stock	3,371	$0	0	D
Restricted Stock Unit	⁽¹⁾	05/28/2026		A		2,987		⁽³⁾	⁽³⁾	Common Stock	2,987	$0	2,987	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 3,371 shares of restricted stock units, vesting on the 2026 annual shareholders meeting.

3. On May 28, 2026, the reporting person was granted 2,987 shares of restricted stock units, vesting on the 2027 annual shareholders meeting.

Remarks:

	/s/ Jaehyun Park attorney-in-fact for Min Kim	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)

Source: View Original Filing on SEC EDGAR

FAQ

What did OP Bancorp (OPBK) director Min Kim report in this Form 4?

Min Kim reported routine equity compensation activity, including exercising 3,371 restricted stock units into common stock and receiving a new grant of 2,987 restricted stock units, all on May 28, 2026, with no open-market buying or selling.

How many OP Bancorp shares does Min Kim hold after these transactions?

After exercising restricted stock units, Min Kim directly holds 614,796 shares of OP Bancorp common stock. This figure reflects the updated ownership position reported in the Form 4 following the May 28, 2026 derivative exercise transaction.

What new restricted stock units did Min Kim receive from OP Bancorp?

On May 28, 2026, Min Kim received a grant of 2,987 restricted stock units, each convertible into one share of OP Bancorp common stock, with vesting tied to the 2027 annual shareholders meeting as disclosed in the footnotes.

Which earlier OP Bancorp equity award did Min Kim exercise in this filing?

Kim exercised 3,371 restricted stock units that were originally granted on June 26, 2025. Those units vested at the 2026 annual shareholders meeting and were then converted on May 28, 2026 into 3,371 shares of OP Bancorp common stock.

Does Min Kim’s OP Bancorp Form 4 show any open-market stock trades?

The Form 4 shows no open-market purchases or sales. All reported activity involves the grant and exercise of restricted stock units at a transaction price of $0.00 per unit, reflecting compensation-related, non-cash equity movements.