Marasco James A 4
Research Summary
AI-generated summary
Hanmi Financial Director James Marasco Receives Restricted Stock Award
What Happened James A. Marasco, a director of Hanmi Financial Corp. (HAFC), was granted 2,298 restricted shares on 2026-05-27. The Form 4 records the acquisition as an award (transaction code A) at $0.00 per share (no cash exchanged). The grant is equity compensation rather than an open‑market purchase or sale.
Key Details
- Transaction date: 2026-05-27; Form 4 filed: 2026-05-28 (timely filing).
- Transaction type/code: Award (A) — restricted stock grant.
- Shares granted: 2,298; reported acquisition price: $0.00; total cash paid: $0.
- Vesting: Grant issued under the 2021 Equity Compensation Plan; vests on 2027-05-26 (per footnote).
- Shares owned after transaction: not specified in the provided filing excerpt.
- No indication of a 10b5-1 plan, tax withholding, cashless exercise, or late filing in this report.
Context Restricted stock awards to directors are a common form of compensation intended to align long‑term interests with shareholders; they typically vest over time and do not indicate an immediate buy/sell signal. Because no cash was exchanged at grant, the Form 4 shows a $0 acquisition price—this reflects compensation, not a market purchase.