HANMI (HAFC) CFO Romolo Santarosa Surrenders 916 Shares for Taxes

What Happened
Romolo Santarosa, Chief Financial Officer of HANMI Financial Corp (HAFC), had 916 shares disposed of on April 1, 2026 as a payment of exercise price or to cover tax liability (transaction code F). The shares were valued at $26.60 each, for a total of $24,366. This was a tax withholding/share surrender tied to an equity award or option exercise, not an open-market sale.

Key Details

• Transaction date: 2026-04-01; Form 4 filed: 2026-04-06 (appears later than the typical 2-business-day reporting window).
• Disposition: 916 shares surrendered at $26.60 per share; total value $24,366.
• Transaction code: F — payment of exercise price or tax liability (share withholding).
• Shares owned after transaction: Not specified in the provided filing details.
• Note: This was share withholding to satisfy tax/exercise obligations, not necessarily a directional trade signal.

Context
When insiders surrender shares under code F, the company or insider is covering tax or exercise costs (a common, administrative action). Unlike open-market sales or purchases, these withholdings are routine and generally less informative about the insider’s view of the company’s stock.