OP Bancorp Insider Filing: 3,226 Shares Added via RSU Vesting

Rhea-AI Filing Summary

Form 4 Overview On 06/27/2025, Director Soo Hun Jung filed a Form 4 with the U.S. SEC disclosing the conversion of previously granted restricted stock units (RSUs) of OP Bancorp (ticker: OPBK).

Transaction specifics

• Transaction date: 06/26/2025
• Transaction code: M (conversion of derivative security)
• Securities acquired: 3,226 shares of common stock
• Price paid: $0, as RSUs convert 1-for-1
• Resulting direct ownership: 245,214 common shares

Derivative security details The RSUs were granted on 06/27/2024 and vested on 06/26/2025, automatically converting into an equal number of common shares.

Ownership context The additional shares increase the director’s directly held position by roughly 1.3%, reinforcing equity alignment but representing a minimal fraction of OP Bancorp’s total shares outstanding. No shares were sold and no option-like instruments remain from this grant.

No earnings data, operational updates, or other corporate events were included in this filing. The disclosure appears routine and does not signal any change in the company’s fundamentals.

Insights

Securities Analyst

TL;DR: Routine RSU vesting; 3,226 shares added, immaterial to OPBK valuation.

The filing documents a standard insider share acquisition via RSU conversion. Director Soo Hun Jung retained all 3,226 newly issued shares, raising direct ownership to 245,214. Transaction code “M” confirms no open-market activity. The stake increase is only about 1–2% of the insider’s holdings and negligible relative to OP Bancorp’s total shares outstanding, so market impact should be minimal. Share retention is mildly confidence-building but not large enough to alter liquidity, float, or earnings per share. With no accompanying sales or options exercised, the event is considered neutral for investors.

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

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X

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^*

JUNG SOO HUN

(Last) (First) (Middle)

1000 WILSHIRE BLVD. SUITE 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)

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

3. Date of Earliest Transaction (Month/Day/Year)
06/26/2025

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	06/26/2025		M		3,226	A	(1)	245,214	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)	06/26/2025		M			3,226	(2)	(2)	Common Stock	3,226	$0	0	D

Explanation of Responses:

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

2. On June 27, 2024, the reporting person was granted 3,226 shares of restricted stock units, vesting on June 26, 2025.

Remarks:

	/s/ Jaehyun Park attorney-in-fact for Soo Hun Jung	06/27/2025
	** 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.
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FAQ

What insider transaction did OPBK report on Form 4 dated 06/27/2025?

Director Soo Hun Jung converted 3,226 restricted stock units into common shares on 06/26/2025.

How many OP Bancorp shares does Director Jung own after the transaction?

Following the RSU conversion, the director holds 245,214 shares directly.

What transaction code was used in OPBK’s latest Form 4 filing?

The filing lists transaction code M, indicating an RSU or option conversion.

When did the restricted stock units that converted for OPBK vest?

The RSUs vested on 06/26/2025, exactly one year after their grant on 06/27/2024.

Was any cash paid for the newly acquired OP Bancorp shares?

No. RSUs convert on a one-for-one basis at $0 cost to the insider.