HOPE BANCORP INC·4

Mar 25, 8:00 PM ET

KIM JASON K 4

Research Summary

AI-generated summary

Updated

HOPE (HOPE) SEVP Jason K. Kim Surrenders 3,126 Shares for Taxes

What Happened

  • Jason K. Kim, Senior EVP & Chief Business Banking Officer of HOPE Bancorp (HOPE), disposed of shares to satisfy tax withholding related to the vesting of a previously granted award. The filing shows 1,895 shares surrendered on 2026-03-24 at $10.84 each ($20,542) and 1,231 shares surrendered on 2026-03-25 at $11.05 each ($13,603). Combined, 3,126 shares were withheld, totaling approximately $34,145.
  • This was a tax-withholding disposition (transaction code F), not an open-market sale—routine paperwork to cover taxes when equity awards vest.

Key Details

  • Transaction dates and prices:
    • 2026-03-24: 1,895 shares @ $10.84 = $20,542
    • 2026-03-25: 1,231 shares @ $11.05 = $13,603
  • Total shares withheld: 3,126; total value ≈ $34,145.
  • Footnote: F1 indicates shares were disposed to satisfy the reporting person's tax liability incurred by the vesting of a previously granted award.
  • Filing info: Form 4 filed 2026-03-25 (period of report listed as 2026-03-24). No late filing is indicated in the provided data.
  • Shares owned after the transaction: not specified in the excerpt provided.

Context

  • This is a tax-withholding (cashless) disposition tied to vesting of an award (likely RSUs), which is routine and does not necessarily signal insider sentiment about the stock.
  • For retail investors, purchases and open-market sales may be more informative; tax-related withholdings are common administrative actions following vesting.