Form 4: OP Bancorp Executive Yoon Ki Won Reports Stock Transactions
SEC Form 4 Filing
Chief Lending Officer Yoon Ki Won reports the vesting of restricted stock units and subsequent tax withholding.
Summary
- On February 24, 2025, Yoon Ki Won, Chief Lending Officer of OP Bancorp, had 10,000 restricted stock units vest and convert into common stock.
- Following the vesting, 3,727 shares were withheld to cover tax obligations at a price of $13.21 per share.
- After these transactions, Yoon Ki Won directly owns 50,410 shares of OP Bancorp common stock.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing reflecting standard executive compensation practices, and does not indicate any particularly positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates standard compensation practices at OP Bancorp.
Stakeholder Impact
- The transaction has a minor impact on shareholders as it reflects the vesting of previously granted compensation.
- The tax withholding impacts Yoon Ki Won's personal finances.
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 shares of common stock; tax withholding occurred. |
| 03/03/2025 | Date of signature for the Form 4 filing. |
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