Form 4: OP Bancorp Director Yong Sin Shin Reports Stock Transactions
SEC Form 4
Director Yong Sin Shin reports the vesting and grant of restricted stock units in OP Bancorp.
Summary
- On June 27, 2024, Director Yong Sin Shin reported transactions involving OP Bancorp's common stock.
- 3,601 restricted stock units vested and converted into common stock.
- Additionally, 3,226 restricted stock units were granted, vesting on June 26, 2025.
- Following these transactions, Shin directly owns 494,036 shares of OP Bancorp common stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting stock transactions, indicating a neutral sentiment.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency to investors regarding the holdings and transactions of key personnel.
Stakeholder Impact
- The filing provides transparency to shareholders regarding insider transactions.
- It assures stakeholders that insider transactions are being monitored and reported in compliance with regulations.
Key Dates
| Date | Description |
|---|---|
| 06/22/2023 | Reporting person was granted 3,601 shares of restricted stock units. |
| 06/27/2024 | 3,601 restricted stock units vested and converted to common stock. |
| 06/27/2024 | 3,226 restricted stock units were granted, vesting on June 26, 2025. |
| 06/26/2025 | Vesting date for the 3,226 restricted stock units granted on June 27, 2024. |
| 07/02/2024 | Date of signature for the Form 4 filing. |
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