OP Bancorp (NASDAQ: OPBK) CRO converts RSUs and withholds shares for taxes

Rhea-AI Filing Summary

OP Bancorp Chief Risk Officer Jae H. Park reported routine equity compensation activity. On June 8, 2026, Park exercised 3,846 restricted stock units, converting them into an equal number of common shares. To cover tax obligations, 1,241 common shares were withheld in a tax-withholding disposition, leaving Park with 10,298 directly held common shares. These transactions reflect compensation vesting and tax payment, not open-market buying or selling.

Insider Trade Summary

3,846 shares exercised/converted

Mixed 3 txns

Insider Park Jae H.

Role Chief Risk Officer

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Unit	3,846	$0.00	--
Exercise	Common Stock	3,846	$0.00	--
Tax Withholding	Common Stock	1,241	$14.15	$18K

Holdings After Transaction: Restricted Stock Unit — 3,847 shares (Direct, null); Common Stock — 11,539 shares (Direct, null)

Footnotes (1)

1. Restricted stock units convert to shares of common stock on a one-for-one basis. On June 6, 2022, the reporting person was granted 19,231 shares of restricted stock units, vesting in five equal annual installments beginning on the first anniversary of the grant date.

Key Figures

RSUs converted: 3,846 shares Tax-withheld shares: 1,241 shares at $14.15 Direct holdings after transactions: 10,298 shares +1 more

4 metrics

RSUs converted 3,846 shares Restricted stock units converted into common stock on June 8, 2026

Tax-withheld shares 1,241 shares at $14.15 Shares withheld to cover tax liability on June 8, 2026

Direct holdings after transactions 10,298 shares Common stock directly owned following reported transactions

Original RSU grant 19,231 units RSUs granted June 6, 2022, vesting in five equal annual installments

Key Terms

Restricted stock units, tax-withholding disposition, derivative exercise/conversion, vesting in five equal annual installments

4 terms

Restricted stock units financial

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

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

tax-withholding disposition financial

"transaction_action: tax-withholding disposition; transaction_code_description: Payment of exercise price or tax liability by delivering securities"

A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.

derivative exercise/conversion financial

"transaction_action: derivative exercise/conversion; transaction_code_description: Exercise or conversion of derivative security"

vesting in five equal annual installments financial

"granted 19,231 shares of restricted stock units, vesting in five equal annual installments"

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Form 4 Insider Transactions: What Each Field Means →

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^*

Park Jae H.

(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)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/08/2026

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	06/08/2026		M		3,846	A	(1)	11,539	D
Common Stock	06/08/2026		F		1,241	D	$14.15	10,298	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)	06/08/2026		M			3,846	(2)	(2)	Common Stock	3,846	$0	3,847	D

Explanation of Responses:

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

2. On June 6, 2022, the reporting person was granted 19,231 shares of restricted stock units, vesting in five equal annual installments beginning on the first anniversary of the grant date.

Remarks:

	/S/ Jaehyun Park attorney-in-fact for Jae H. Park	06/09/2026
	** 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)

FAQ

What insider transactions did OPBK Chief Risk Officer Jae H. Park report?

Jae H. Park reported exercising 3,846 restricted stock units into common stock and a related tax-withholding disposition of 1,241 common shares. These transactions reflect routine equity compensation vesting and tax payment rather than open-market buying or selling activity.

Did Jae H. Park buy or sell OP Bancorp (OPBK) shares on the market?

The filing does not show open-market purchases or sales. It reports an RSU conversion and 1,241 shares withheld for taxes, classified as a tax-withholding disposition, which is a non-market mechanism to satisfy tax obligations on vested equity awards.

How many OP Bancorp shares did Jae H. Park acquire through RSU conversion?

Park acquired 3,846 shares of OP Bancorp common stock by converting restricted stock units on June 8, 2026. Each restricted stock unit converted into one common share, consistent with the one-for-one RSU conversion ratio disclosed in the footnotes.

What tax-related share disposition did OPBK’s Chief Risk Officer report?

Park reported a tax-withholding disposition of 1,241 OP Bancorp common shares at $14.15 per share. This disposition represents shares withheld to cover tax liabilities arising from the equity award vesting and is not an open-market sale initiated for portfolio reasons.

How many OP Bancorp shares does Jae H. Park hold after these transactions?

Following the reported transactions, Park directly holds 10,298 shares of OP Bancorp common stock. This figure reflects equity compensation that has vested over time and remains in his direct ownership after satisfying related tax obligations through share withholding.

What are the terms of Jae H. Park’s OP Bancorp restricted stock units?

Park was granted 19,231 restricted stock units on June 6, 2022, vesting in five equal annual installments starting one year after the grant date. Each vested restricted stock unit converts into one share of OP Bancorp common stock under the plan’s one-for-one conversion feature.