Park Jae H. 4

What Happened

• Jae H. Park, Chief Risk Officer of OP Bancorp (OPBK), had 3,846 restricted stock units (RSUs) convert into common shares on June 8, 2026. To satisfy tax withholding, 1,241 of those shares were surrendered at an imputed value of $14.15 per share, totaling $17,560. The vesting resulted in a net issuance of 2,605 shares to Park.

Key Details

• Transaction date: 2026-06-08; Form 4 filed 2026-06-09 (filed next day; appears timely).
• RSUs converted (exercise/conversion code M): 3,846 shares vested/converted.
• Tax withholding (code F): 1,241 shares withheld and disposed at $14.15/share, total $17,560.
• Net new shares issued to insider: 2,605 shares (3,846 vested − 1,241 withheld).
• Footnotes: F1 — RSUs convert to common stock 1:1. F2 — these RSUs were part of a 19,231-share grant on June 6, 2022 that vests in five equal annual installments (3,846 shares per year).
• Shares owned after transaction: not specified in the provided filing details.

Context

• This was a routine RSU vesting event with shares withheld to cover tax obligations (common “sell to cover” / withholding approach), not an open-market sale or purchase. Such withholding transactions are administrative and do not necessarily indicate a change in insider sentiment.