Sacchi Guido Francesco 4

What Happened

Guido Francesco Sacchi, a director of Hope Bancorp, received an award of 4,337 Restricted Stock Units (RSUs) on May 21, 2026. The grant is reported at an imputed price of $12.45 per RSU, for a total grant value of $53,996. This is an award/acquisition (code A) of RSUs rather than an open-market purchase or sale.

Key Details

• Transaction date: May 21, 2026 (reported on Form 4 filed May 22, 2026).
• Grant: 4,337 RSUs @ $12.45 (imputed value) — total $53,996.
• Shares owned after transaction: not specified in the provided filing excerpt.
• Footnote: The 4,337 RSUs were granted under the Hope Bancorp, Inc. 2024 Equity Incentive Plan. Each RSU represents a contingent right to one share of common stock.
• Vesting: RSUs vest either on the one-year anniversary of the grant (May 21, 2027) or on the date of the next Hope Bancorp stockholders meeting, whichever is earlier.
• Timeliness: Filing was submitted the next day (appears timely based on the provided dates).

Context

RSUs are a form of equity compensation that convert to shares upon vesting; they are not an immediate cash purchase or sale and do not by themselves indicate an insider buying or selling for investment reasons. The vesting schedule means the shares will only be deliverable if vesting conditions are met (time-based or shareholder meeting timing noted above).