---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-23-030786"
form_type: "8-K"
ticker: "OPBK"
cik: "0001722010"
company_name: "OP Bancorp"
filed_at: "2023-08-28T23:59:59+00:00"
generated_at: "2026-06-11T02:55:05.015837+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# OP Bancorp board authorizes repurchase of up to 750,000 shares (~5% of outstanding)

## Summary
- Board approved stock repurchase program on August 24, 2023; up to 750,000 shares or ~5% of shares outstanding.
- Program runs until December 31, 2024 unless terminated earlier or maximum shares repurchased.
- Shares may be bought via open market, block trades, privately negotiated transactions, or Rule 10b5-1 plans.
- Repurchase timing and amount depend on market conditions, price, trading volume, and regulatory requirements.

## SEC filing metadata
- accession: 0001628280-23-030786
- form_type: 8-K
- ticker: OPBK
- cik: 0001722010
- company_name: OP Bancorp
- filed_at: 2023-08-28T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1722010/000162828023030786/0001628280-23-030786-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1722010/000162828023030786/opbk-20230824.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-23-030786
- JSON: https://secwatch.observer/filing/0001628280-23-030786.json
- Plain text: https://secwatch.observer/filing/0001628280-23-030786.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.