I have abutilon freestanding in beds- it started quite small (18") and is growing well, symmetrically, four feet tall, in half day sun. Doesn't attract wasps here- I am in San Jose- I notice they go to plants with waxy leaves/needles and there are many near the garden here. Never noticed any irritation but I don't regularly brush the plant.
I would think about transplanting later in the year when rain is starting or about to start. Fall works best for planting shrubs/trees/perrenials for me in this area.
Pp

I agree with princesspea. If planted in partial shade the plant will grow to the sun and lay over what ever else is in the area. It will accept pruning back in the winter to keep it within bounds. Wait for the rain to move. Al

You can hack this thing to bits, move it, move it again, hack it some more and it will be fine. Just make sure to give it enough water as it is getting established, and, as Al noted, your chances of success are best if you wait till winter to move it. You can train to a multi-trunked tree, leave it alone, coppice it yearly to keep it small, etc etc. Great plants for so many purposes. I like to have at least one near a window as they generally flower all winter long and attract hummingbirds, always entertaining to watch from inside.

The insects you are seeing are likely bees and native wasps gathering nectar. They are also pollinating. They're not interested in you, they're busy foraging. As long as you don't overly disturb them, they'll leave you alone.

Have fun!

Sara