OP Bancorp

04/10/2025 | Press release | Distributed by Public on 04/10/2025 18:32

Initial Statement of Beneficial Ownership (Form 3)

FORM 3
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
Bang Jimmy M
2. Date of Event Requiring Statement (Month/Day/Year)
03/31/2025
3. Issuer Name and Ticker or Trading Symbol
OP Bancorp [OPBK]
(Last) (First) (Middle)
1000 WILSHIRE BLVD STE 500
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
Chief Lending Officer
5. If Amendment, Date Original Filed (Month/Day/Year)
(Street)
LOS ANGELES, CA 90017
6. Individual or Joint/Group Filing (Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security
(Instr. 4)
2. Amount of Securities Beneficially Owned
(Instr. 4)
3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)
4. Nature of Indirect Beneficial Ownership
(Instr. 5)
Common Stock 4,190 D
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. SEC 1473 (7-02)
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 4)
2. Date Exercisable and Expiration Date
(Month/Day/Year)
3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)
4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)
6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Unit (1) (1) Common Stock 5,100 (2) D
Restricted Stock Unit (3) (3) Common Stock 3,720 (2) D
Restricted Stock Unit (4) (4) Common Stock 2,970 (2) D

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Bang Jimmy M
1000 WILSHIRE BLVD STE 500
LOS ANGELES, CA 90017
Chief Lending Officer

Signatures

/s/ Jaehyun Park attorney-in-fact for Jimmy M. Bang 04/10/2025
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 5(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) On March 31, 2025, the reporting person was granted 5,100 shares of restricted stock units, vesting in five equal annual installments beginning on the first anniversary of the grant date.
(2) Restricted stock units convert to shares of common stock on a one-for-one basis.
(3) On February 24, 2022, the reporting person was granted 9,303 shares of restricted stock units, vesting in five equal annual installments beginning on the first anniversary of the grant date.
(4) On March 3, 2025, the reporting person was granted 2,970 shares of restricted stock units, vesting in three equal annual installments beginning on the third anniversary of the grant date.
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, See Instruction 6 for procedure. Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.