OP Bancorp (OPBK) director exercises RSUs and receives new RSU grant

Rhea-AI Filing Summary

OP Bancorp director Yong Sin Shin reported equity compensation activity involving restricted stock units and common stock. On May 28, 2026, 2,408 restricted stock units converted into the same number of common shares, reflecting an exercise of derivative securities at a stated price of $0.00 per share.

On the same date, Shin received a new grant of 2,134 restricted stock units, each convertible into one share of common stock, scheduled to vest at the 2027 annual shareholders meeting. After these transactions, Shin directly owned 499,670 common shares, with no remaining position from the 2,408-unit RSU grant that vested at the 2026 annual shareholders meeting.

Insider Trade Summary

2,408 shares exercised/converted

Mixed 3 txns

Insider SHIN YONG SIN

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 — 499,670 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.

Key Figures

RSUs Exercised: 2,408 shares New RSU Grant: 2,134 units Shares Owned After: 499,670 shares +3 more

6 metrics

RSUs Exercised 2,408 shares Restricted stock units converted to common stock on May 28, 2026

New RSU Grant 2,134 units Restricted stock units granted on May 28, 2026

Shares Owned After 499,670 shares Common stock directly owned following transactions

RSU Conversion Ratio 1:1 Each restricted stock unit converts into one common share

Prior RSU Grant Size 2,408 units RSUs granted June 26, 2025, vesting at 2026 annual meeting

New RSU Vesting 2027 annual meeting Vesting date for 2,134 newly granted RSUs

Key Terms

Restricted Stock Unit, derivative security, annual shareholders meeting

3 terms

Restricted Stock Unit financial

"Restricted stock unit, 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

"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.

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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^*

SHIN YONG SIN

(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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	05/28/2026		M		2,408	A	(1)	499,670	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)	05/28/2026		M			2,408	(2)	(2)	Common Stock	2,408	$0	0	D
Restricted Stock Unit	(1)	05/28/2026		A		2,134		(3)	(3)	Common Stock	2,134	$0	2,134	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 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 Yong Sin Shin	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)

FAQ

What did OP Bancorp (OPBK) director Yong Sin Shin report in this Form 4?

The Form 4 reports that director Yong Sin Shin had 2,408 restricted stock units convert into common shares and received a new grant of 2,134 restricted stock units, all as part of equity compensation rather than open-market buying or selling.

How many OP Bancorp (OPBK) shares does Yong Sin Shin own after these transactions?

After these transactions, Yong Sin Shin directly owns 499,670 shares of OP Bancorp common stock. This reflects the addition of 2,408 shares from vesting restricted stock units and does not involve any reported open-market purchases or sales in this filing.

What new restricted stock units did OP Bancorp (OPBK) grant to Yong Sin Shin?

On May 28, 2026, OP Bancorp granted Yong Sin Shin 2,134 restricted stock units. Each unit converts into one share of common stock and is scheduled to vest at the company’s 2027 annual shareholders meeting, aligning compensation with future board service.

What happened to the 2,408 OP Bancorp (OPBK) restricted stock units mentioned in the Form 4?

The 2,408 restricted stock units previously granted to Yong Sin Shin vested and converted into 2,408 shares of OP Bancorp common stock. Following this exercise, the RSU position from that grant dropped to zero, and the shares increased the director’s direct holdings.

Are there any OP Bancorp (OPBK) share sales or purchases in this Form 4?

The Form 4 does not report any open-market purchases or sales. It shows the exercise of 2,408 restricted stock units into common shares and a grant of 2,134 new restricted stock units, both categorized as acquisition-type transactions related to equity compensation.