KIM JASON K 4
Research Summary
AI-generated summary
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.