HOPE BANCORP INC·4

Mar 25, 8:00 PM ET

Koh Peter 4

Research Summary

AI-generated summary

Updated

HOPE Bancorp COO Peter Koh Sells 4,207 Shares

What Happened

  • Peter Koh, SEVP & COO of HOPE Bancorp (HOPE), had a total of 4,207 shares disposed to satisfy tax obligations tied to the vesting of previously granted awards. The disposals occurred as withholding of shares (transaction code F), not as open-market sales.
  • Breakdown: 2,524 shares at $10.84 on 2026-03-24 for $27,360; and 1,683 shares at $11.05 on 2026-03-25 for $18,597. Combined value ≈ $45,957.

Key Details

  • Transaction dates and prices:
    • 2026-03-24: 2,524 shares @ $10.84 = $27,360
    • 2026-03-25: 1,683 shares @ $11.05 = $18,597
  • Shares owned after the transaction: not specified in the provided excerpt—see the filed Form 4 for total post-transaction beneficial ownership.
  • Footnote: F1 — Shares were disposed to satisfy the reporting person’s tax liability incurred by the vesting of a previously granted award.
  • Filing: Report filed 2026-03-25 (covering activity on 2026-03-24); no indication in the provided data that the filing was late.

Context

  • These were tax-withholding disposals tied to award vesting (a common administrative action), not open-market sales, so they often reflect payroll/tax mechanics rather than a deliberate trade decision.
  • For retail investors, such withholding events are routine and usually less informative about an insider’s view of the company compared with open-market purchases.