Koh Peter 4

What Happened

• Peter Koh, President and Chief Operating Officer of Hope Bancorp, received an award of 14,238 Restricted Stock Units (RSUs) on April 14, 2026. The filing values the award at $10.84 per share (total value about $154,340). This was an equity grant (award), not an open-market purchase or sale.

Key Details

• Transaction date and reported value: April 14, 2026 — 14,238 RSUs at $10.84 each, total ~$154,340.
• Shares owned after transaction: not specified in the provided filing summary.
• Vesting / terms (Footnote F1): The 14,238 RSUs were granted under the 2024 Equity Incentive Plan. They vest in three installments of 4,746 shares on April 14, 2027, March 21, 2028, and March 21, 2029. Each RSU represents a contingent right to one share of Hope common stock.
• Other item in the filing (Footnote F2): Notes non-qualified stock options granted in 2016 that fully vested Sept 1, 2021 — these are unrelated to the April 2026 RSU grant.
• Filing timeliness: Transaction reported with a Form 4 filed April 16, 2026 for a 2026-04-14 transaction — reported within the usual SEC filing window (not marked late).

Context

• RSU grants are compensation awards that convert into stock only after vesting; they are not immediate purchases or sales and do not by themselves signal a decision to buy or sell stock. Vesting schedule above determines when Koh can receive actual shares.
• For retail investors: awards increase an insider's potential future stake if vested and not sold, but do not reflect an immediate cash market transaction.