OP Bancorp Announces Executive and Director Changes
Ticker: OPBK · Form: 8-K · Filed: Aug 23, 2024 · CIK: 1722010
| Field | Detail |
|---|---|
| Company | Op Bancorp (OPBK) |
| Form Type | 8-K |
| Filed Date | Aug 23, 2024 |
| Risk Level | medium |
| Pages | 2 |
| Reading Time | 2 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: management-change, executive-compensation, board-of-directors
TL;DR
OP Bancorp reshuffled its exec team and board on 8/23. Watch for comp changes.
AI Summary
On August 23, 2024, OP Bancorp filed an 8-K report detailing changes in its board of directors and executive officers. The filing includes the appointment of new officers and potential changes to compensatory arrangements for certain executives. Specific details regarding the individuals appointed and the terms of their compensation are outlined within the report.
Why It Matters
Changes in leadership and executive compensation can signal shifts in company strategy or financial health, impacting investor confidence and stock performance.
Risk Assessment
Risk Level: medium — Changes in executive and director roles can introduce uncertainty regarding future strategy and financial performance.
Key Players & Entities
- OP Bancorp (company) — Registrant
- August 23, 2024 (date) — Date of earliest event reported
- California (location) — State of incorporation
- 1000 Wilshire Blvd., Suite 500 (address) — Principal executive offices
- Los Angeles (location) — City of principal executive offices
- 90017 (zip_code) — Zip code of principal executive offices
- (213) 892-9999 (phone_number) — Registrant's telephone number
FAQ
What specific roles have been filled or changed among OP Bancorp's directors and officers?
The 8-K filing indicates changes related to the 'Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers' and 'Compensatory Arrangements of Certain Officers', suggesting new appointments and potential shifts in responsibilities.
Are there any details provided about the compensation arrangements for the newly appointed officers?
The filing explicitly mentions 'Compensatory Arrangements of Certain Officers' as an item of information, indicating that details regarding compensation for specific officers are included in the report.
When was the earliest event reported in this 8-K filing?
The earliest event reported in this 8-K filing occurred on August 23, 2024.
What is OP Bancorp's state of incorporation and principal executive office location?
OP Bancorp is incorporated in California and its principal executive offices are located at 1000 Wilshire Blvd., Suite 500, Los Angeles, California, 90017.
What is the IRS Employer Identification Number for OP Bancorp?
The IRS Employer Identification Number for OP Bancorp is 81-3114676.
Filing Stats: 562 words · 2 min read · ~2 pages · Grade level 11.8 · Accepted 2024-08-23 17:20:30
Filing Documents
- d820578d8k.htm (8-K) — 24KB
- d820578dex991.htm (EX-99.1) — 9KB
- g820578g0823183746720.jpg (GRAPHIC) — 4KB
- 0001193125-24-206276.txt ( ) — 162KB
- opbk-20240823.xsd (EX-101.SCH) — 3KB
- opbk-20240823_lab.xml (EX-101.LAB) — 18KB
- opbk-20240823_pre.xml (EX-101.PRE) — 11KB
- d820578d8k_htm.xml (XML) — 4KB
Financial Statements and Exhibits
Financial Statements and Exhibits. (d) Exhibits. 99.1 Press release, dated August 23, 2024, of OP Bancorp 104 Cover Page Interactive Data File (embedded within XBRL document)
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Date: August 23, 2024 OP Bancorp By: /s/ Christine Oh Christine Oh Executive Vice President and Chief Financial Officer (Principal Financial Officer)