Form 4: OP Bancorp CFO Oh Christine Yoon Reports Stock Transactions
SEC Form 4 Filing
Christine Oh, CFO of OP Bancorp, reports the vesting of restricted stock units and subsequent tax withholding.
Summary
- On February 24, 2025, Christine Oh, the Chief Financial Officer of OP Bancorp, had 10,000 restricted stock units vest and convert into common stock.
- Following the vesting, Ms. Oh disposed of 3,706 shares to cover tax obligations at a price of $13.21 per share.
- After these transactions, Ms. Oh directly owns 136,790 shares of OP Bancorp common stock.
Sentiment
Score: 5
Explanation: This is a routine filing related to stock transactions, so the sentiment is neutral.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates the CFO's stock transactions, which are typical for executive compensation and tax management.
Stakeholder Impact
- The transaction has a minor impact on shareholders as it reflects insider trading activity related to compensation and tax obligations.
Key Dates
| Date | Description |
|---|---|
| 02/24/2022 | Reporting person was granted 10,000 shares of restricted stock units. |
| 02/24/2025 | Restricted stock units vested and converted to common stock; tax obligations covered. |
| 03/03/2025 | Date of signature for the Form 4 filing. |
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