OP Bancorp·4

May 29, 5:44 PM ET

Kim Hyung J 4

Research Summary

AI-generated summary

Updated

OP Bancorp (OPBK) Director Kim Hyung J Converts RSUs, Receives Award

What Happened

  • Kim Hyung J, a director of OP Bancorp (OPBK), had a vesting/conversion event and a new restricted stock unit (RSU) award on May 28, 2026. The filing shows an exercise/conversion (code M) for 2,408 RSU units (converted to common shares) and a simultaneous award/grant (code A) of 2,134 RSUs. Both the conversion and the new award are recorded at $0.00 per share in the filing (no cash paid or received is reported).

Key Details

  • Transaction date: May 28, 2026; Form 4 filed May 29, 2026 (timely filing).
  • Actions recorded: M (exercise/conversion) — 2,408 RSU units; A (award/grant) — 2,134 RSU units.
  • Prices/values: Reported at $0.00 per share; no cash consideration shown.
  • Shares owned after transaction: Not specified in the filing.
  • Footnotes: F1 — RSUs convert to common stock on a 1-for-1 basis. F2 — the 2,408 RSUs were granted June 26, 2025 and vested at the 2026 annual meeting. F3 — the 2,134 RSUs were granted May 28, 2026 and vest at the 2027 annual meeting.
  • No 10b5-1 plan, tax-withholding detail, or late filing flags are indicated in this report.

Context

  • These entries reflect restricted stock unit activity (vesting/conversion and a new RSU grant), not an open-market purchase or sale. RSU conversions and grants typically indicate compensation or long-term incentive adjustments rather than active buying or selling by the insider. The converted units were from a 2025 grant that vested in 2026; the new RSUs vest next year per the filing.