OP Bancorp (OPBK) officer exercises RSUs, withholds 699 shares for tax

Rhea-AI Filing Summary

OP Bancorp Chief Lending Officer Jimmy M. Bang reported equity award activity. On February 24, he exercised 1,861 restricted stock units, converting them into 1,861 shares of common stock at a price of $0.00 per share. To cover tax obligations, 699 common shares were disposed of at $13.28 per share through a tax-withholding transaction, rather than an open-market sale. After these transactions, he directly held 5,352 shares of common stock and 1,859 restricted stock units. The footnotes note that he was originally granted 9,303 restricted stock units on February 24, 2022, vesting in five equal annual installments starting one year after the grant date.

Insider Trade Summary

1,861 shares exercised/converted

Mixed 3 txns

Insider Bang Jimmy M

Role Chief Lending Officer

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Unit	1,861	$0.00	--
Exercise	Common Stock	1,861	$0.00	--
Tax Withholding	Common Stock	699	$13.28	$9K

Holdings After Transaction: Restricted Stock Unit — 1,859 shares (Direct); Common Stock — 6,051 shares (Direct)

Footnotes (1)

1. Restricted stock units convert to shares of common stock on a one-for-one basis. On February 24, 2022, the reporting person was granted 9,303 shares of restricted stock units, vesting in five equal annual installments beginning on the first anniversary of the grant date.

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^*

Bang Jimmy M

(Last) (First) (Middle)

1000 WILSHIRE BLVD STE 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)

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

3. Date of Earliest Transaction (Month/Day/Year)
02/24/2026

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	02/24/2026		M		1,861	A	(1)	6,051	D
Common Stock	02/24/2026		F		699	D	$13.28	5,352	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)	02/24/2026		M			1,861	(2)	(2)	Common Stock	1,861	$0	1,859	D

Explanation of Responses:

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

2. On February 24, 2022, the reporting person was granted 9,303 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 Jimmy M. Bang	02/25/2026
	** 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.

FAQ

What insider transactions did OP Bancorp (OPBK) report for Jimmy M. Bang?

OP Bancorp reported equity award-related transactions for Chief Lending Officer Jimmy M. Bang. He exercised 1,861 restricted stock units into common stock and had 699 common shares withheld to satisfy tax obligations, all recorded as direct ownership changes on February 24.

How many OP Bancorp shares did Jimmy M. Bang acquire and dispose of in this Form 4?

Jimmy M. Bang acquired 1,861 shares of OP Bancorp common stock through the exercise of restricted stock units. He disposed of 699 common shares via a tax-withholding transaction, which the filing describes as payment of tax liability by delivering securities.

What is Jimmy M. Bang’s OP Bancorp share ownership after these transactions?

After the reported transactions, Jimmy M. Bang directly holds 5,352 shares of OP Bancorp common stock. He also holds 1,859 restricted stock units, which represent additional potential future shares that convert to common stock on a one-for-one basis upon vesting.

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

The filing states that restricted stock units convert to OP Bancorp common stock on a one-for-one basis. When units vest and are exercised, each unit becomes one share of common stock, as seen with the 1,861 units converting into 1,861 common shares.

What are the vesting terms of Jimmy M. Bang’s OP Bancorp restricted stock units?

Jimmy M. Bang was granted 9,303 restricted stock units on February 24, 2022. According to the filing, these units vest in five equal annual installments, beginning on the first anniversary of the grant date, creating a multi-year equity compensation schedule.

What does the tax-withholding transaction in OP Bancorp’s Form 4 represent?

The 699-share transaction is a tax-withholding disposition, not an open-market sale. The filing explains it as payment of tax liability by delivering securities, meaning shares are retained by the issuer or agent to satisfy tax obligations from the equity award.