Common Stock, no par value
- Symbol
- OPBK
- Exchange
- NASDAQ
- Classification
- COMMON
- Status
- Current
Current Report · Items 5.07 · 8-K
OP Bancorp
OPBKNASDAQEQUITYCurrent
Submission of Matters to a Vote of Security Holders
Item 5.07. Submission of Matters to a Vote of Security Holders On May 28, 2026, OP Bancorp (the “Company”), the holding company for Open Bank, held its 2026 annual meeting of shareholders (the “Annual Meeting”).…
Company context
OP Bancorp, the holding company for Open Bank (the “Bank”), is a California corporation whose common stock is quoted on the Nasdaq Global Market under the ticker symbol, “OPBK.” The Bank operates a general commercial banking business in Los Angeles, Orange, and Santa Clara Counties in California, the Dallas metropolitan area in Texas, and Clark County in Nevada, serving small- and medium-sized businesses, professionals, and local residents with a particular focus on Korean and other Asian communities. The Bank currently operates twelve full-service branch offices in Downtown Los Angeles, Los Angeles Fashion District, Los Angeles Koreatown, Cerritos, Gardena, Buena Park, Garden Grove and Santa Clara, California, Carrollton, Texas and Las Vegas, Nevada. The Bank also has one loan production office in Bellevue, Washington. The Bank commenced its operations on June 10, 2005 as First Standard Bank and changed its name to Open Bank in October 2010. Its headquarters is located at 1000 Wilshire Blvd., Suite 500, Los Angeles, California 90017. Phone: 213.892.9999; Website: www.myopenbank.com.
Current securities
Registered securities in this filing
OP BANCORP · 8-K · Filed 2026-05-28
Disclosure sections
Item 5.07Item 5.07 - Submission of Matters to Vote
Item 5.07. Submission of Matters to a Vote of Security Holders
On May 28, 2026, OP Bancorp (the “Company”), the holding company for Open Bank, held its 2026 annual meeting of shareholders (the “Annual Meeting”). The Company’s shareholders considered three proposals at the Annual Meeting, each of which was described in more detail in the Company’s definitive proxy statement (the “2026 Proxy Statement”) for the Annual Meeting, which was filed with the Securities and Exchange Commission on April 16, 2026. There were 11,517,297 shares represented by valid proxies or voted at the Annual Meeting, or 77.33% of the total shares outstanding. At the Annual Meeting, shareholders voted on the following matters: (i) elected all of the seven director nominees named in the 2026 Proxy Statement for a one-year term expiring at the 2027 annual meeting of shareholders (“Proposal 1”), (ii) approved, on a non-binding, advisory basis, the compensation of the Company’s named executive officers for 2025 (“Proposal 2”); (iii) ratified the appointment of Crowe LLP as the Company’s independent registered public accounting firm for the year ending December 31, 2026 (“Proposal 3”). Final voting results from the meeting are as follows:
Proposal 1 - Election of Directors
Nominee Votes For Votes Withheld Broker Non-Votes
────────────────────────────────────────────────────────────────────────────
Hyung J. Kim 9,298,322 681,578 1,537,397
Min J. Kim 9,666,480 313,420 1,537,397
Sunny Kwon 9,615,961 363,939 1,537,397
Sang K. Oh 9,877,129 102,771 1,537,397
Yong Sin Shin 9,202,308 777,592 1,537,397
Myung Shin Sohn 9,847,412 132,488 1,537,397
Ki Won Yoon 9,392,396 587,504 1,537,397
Proposal 2 - Advisory Vote to Approve Executive Compensation
Votes For Votes Against Abstain Broker Non-Votes
───────────────────────────────────────────────────────────────────
9,617,976 286,108 75,816 1,537,397
Proposal 3 - Ratification of Independent Registered Public Accounting Firm
Votes For Votes Against Abstain
──────────────────────────────────────────────
11,410,721 43,574 63,002
No other matters were submitted for shareholder action.