Oh Christine Yoon 4

What Happened
Christine Yoon, Chief Operating Officer of OP Bancorp (OPBK), had 4,000 restricted stock units (RSUs) convert into common shares on May 26, 2026. To satisfy tax withholding on the vesting, 1,290 of those shares were withheld at an implied withholding price of $14.11 per share, totaling $18,202. That leaves a net delivery of 2,710 shares to Ms. Yoon. The conversion is recorded as a derivative conversion (RSU vesting), not an open‑market purchase or sale.

Key Details

• Transaction date: 2026-05-26.
• Conversion: 4,000 RSUs converted to 4,000 common shares (reported as code M; amount per share shown as N/A or $0 because RSUs convert without an exercise price).
• Tax withholding: 1,290 shares withheld (code F) at $14.11/share, amounting to $18,202.
• Net shares received by insider: 2,710 (4,000 converted minus 1,290 withheld).
• Shares owned after transaction: not disclosed in the filing.
• Footnotes: F1 confirms RSUs convert 1:1 to common stock; F2 shows the 12,000 RSU grant was made on May 25, 2023 and vests in three equal annual installments — this 4,000-share conversion represents one tranche of that grant.
• Filing timeliness: no late filing flag noted in the provided data.

Context
This is a routine RSU vesting event with share withholding to cover tax liability (a common, non‑market transaction). It should not be read as an unsolicited market sale or purchase by the insider; rather, it reflects compensation vesting and standard tax withholding practices.