LEE BONITA 4
4 · HANMI FINANCIAL CORP · Filed Mar 30, 2026
Research Summary
AI-generated summary of this filing
Hanmi Financial (HAFC) CEO Bonita Lee Receives Award; Withholds Shares
What Happened
Bonita Lee, President & CEO of Hanmi Financial Corp. (HAFC), had 22,260 restricted shares vest on March 26, 2026 (a performance-based award). To satisfy tax withholding, 11,156 of those shares were surrendered/disposed at $26.33 per share (two withholding dispositions totaling $293,737). The gross value of the vested shares was about $586,106 based on the $26.33 per-share price, leaving a net increase of 11,104 shares retained by Lee.
Key Details
- Transaction date: March 26, 2026. Withholding dispositions at $26.33/share.
- 22,260 shares granted/vested (Code A; acquisition)
- 2,391 shares surrendered for tax withholding at $26.33 ($62,955)
- 8,765 shares surrendered for tax withholding at $26.33 ($230,782)
- Combined withholding proceeds: $293,737
- Net shares added to holdings from the vesting: 22,260 − 11,156 = 11,104 shares.
- Footnote: These shares stem from an 03/10/2023 performance-based restricted stock award; performance targets for the three-year period were met and certified on 03/26/2026, triggering a 120% payout (22,260 shares).
- Filing: Form 4 filed 2026-03-30 for the 2026-03-26 transactions — filed within the standard 2 business-day window.
- Shares owned after the transaction: not specified in the provided filing summary.
Context
This was a performance-based restricted stock vesting (award), not an open-market purchase or a voluntary sale. The disposals reported under Code F are tax-withholding actions (common when RSUs vest), not necessarily a signal of a decision to sell stock for investment reasons. The net effect is an increase in the CEO’s holdings by 11,104 shares.
Insider Transaction Report
- Tax Payment
Common Stock
2026-03-26$26.33/sh−2,391$62,955→ 194,582 total - Award
Common Stock
[F1]2026-03-26+22,260→ 216,842 total - Tax Payment
Common Stock
2026-03-26$26.33/sh−8,765$230,782→ 208,077 total
- 1,000(indirect: By Spouse)
Common Stock
Footnotes (1)
- [F1]On March 10, 2023, the reporting person was granted 18,550 shares of restricted stock which would vest on or after March 10, 2026, subject to the satisfaction of certain performance criteria. The performance criteria for the three year period ended March 10, 2026 were met and certified on March 26, 2026, resulting in the vesting of 22,260 shares (120% of payout).