KIM JASON K 4
Research Summary
AI-generated summary
HOPE Bancorp SEVP Jason K. Kim Receives 10,313 RSUs
What Happened
- Jason K. Kim, SEVP and Chief Business Banking Officer of HOPE Bancorp (HOPE), received a grant of 10,313 restricted stock units (RSUs) on April 14, 2026. The grant was valued at $10.84 per share, totaling approximately $111,793. This was an award/acquisition of RSUs (not an open-market purchase or sale).
Key Details
- Transaction date and price: April 14, 2026 — 10,313 RSUs @ $10.84 per share (total ~$111,793).
- Shares owned after transaction: Not specified in the Form 4 excerpt provided.
- Vesting and terms (footnote): The 10,313 RSUs were granted under the Hope Bancorp, Inc. 2024 Equity Incentive Plan. They vest in installments: 3,437 shares on April 14, 2027, and 3,438 shares each on March 21, 2028 and March 21, 2029.
- Other footnote: The filing also references non‑qualified stock options from a 2016 plan that fully vested on Sept 1, 2021 (unrelated to this RSU grant).
- Filing timing: Report filed April 16, 2026 for a transaction on April 14, 2026 (appears timely based on the Form 4 filing window).
Context
- RSUs are a contingent right to receive company stock upon vesting; they are not immediate market purchases and typically impose vesting conditions. This grant increases potential future ownership if vesting conditions are met, but does not represent an immediate cash investment or sale.