Byun Donald 4

What Happened

• Donald Byun, a director of Hope Bancorp, was granted 5,060 Restricted Stock Units (RSUs) on May 21, 2026. The filing reports a per-share value of $12.45, giving a total reported value of $62,997.
• This was an award/grant (compensation), not an open-market purchase or sale.

Key Details

• Transaction date: 2026-05-21. Form 4 filed: 2026-05-22.
• Transaction type/code: Award/Grant (A).
• Quantity and value: 5,060 RSUs @ $12.45 each; total = $62,997.
• Vesting (F1): The 5,060 RSUs will vest either on the one-year anniversary of the grant or on the date of the next Hope Bancorp stockholders meeting, whichever is earlier.
• Shares owned after transaction: Not specified in the provided filing.
• Additional footnote (F2): The filing references preexisting non-qualified stock options granted Sept 1, 2016 that fully vested by Sept 1, 2018; no exercise or sale of those options is reported here.
• Timeliness: Filing appears timely (transaction 05/21/2026; Form filed 05/22/2026).

Context

• RSUs are contingent rights that convert into actual shares only when they vest; until then they are not transferable stock.
• Because this is a compensation grant, it reflects routine executive/director pay rather than a director’s personal open-market purchase or sale. Purchases tend to be more informative about insider sentiment than routine awards.