Form 4: OP Bancorp Executive Yoon Ki Won Sells Shares
SEC Form 4
Yoon Ki Won, Chief Lending Officer of OP Bancorp, sold a total of 8,000 shares of common stock in two transactions on August 14 and 15, 2024.
Summary
- Yoon Ki Won, the Chief Lending Officer of OP Bancorp, sold shares of the company's common stock.
- On August 14, 2024, Mr. Yoon sold 5,000 shares at a price of $12.18 per share.
- On August 15, 2024, Mr. Yoon sold an additional 3,000 shares at a price of $12.49 per share.
- Following these transactions, Mr. Yoon directly owns 44,137 shares of OP Bancorp common stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting the sale of shares by an officer. It doesn't inherently convey positive or negative sentiment, but the market's reaction to the sale could influence sentiment.
Industry Context
Form 4 filings are a routine part of regulatory compliance for corporate insiders and provide transparency into their trading activities. The market may interpret insider sales in various ways, but they do not always indicate negative sentiment about the company's prospects.
Key Dates
| Date | Description |
|---|---|
| 08/14/2024 | Yoon Ki Won sold 5,000 shares of OP Bancorp at $12.18 per share. |
| 08/15/2024 | Yoon Ki Won sold 3,000 shares of OP Bancorp at $12.49 per share. |
| 08/16/2024 | Date of signature for the Form 4 filing. |
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