Doo Jinho 4
Research Summary
AI-generated summary
Hope Bancorp (HOPE) Director Doo Jinho Receives RSU Award
What Happened
- Doo Jinho, a director of Hope Bancorp (HOPE), received a grant of 5,060 Restricted Stock Units (RSUs) on May 21, 2026. Each RSU is priced at $12.45 for a total grant value of $62,997. This is an award (transaction code A), not an open‑market purchase or sale.
Key Details
- Transaction date: 2026-05-21; Form 4 filed: 2026-05-22 (timely).
- Grant size and value: 5,060 RSUs × $12.45 = $62,997.
- Vesting: RSUs will vest either on the one‑year anniversary of the grant (May 21, 2027) or at the next Hope Bancorp stockholders meeting, whichever is earlier (per footnote F1).
- Shares owned after the transaction: Not specified in the filing.
- Other notes: Footnote F1 explains each RSU is a contingent right to one share; no tax withholding or immediate sale indicated. Footnote F2 references previously granted, fully vested non‑qualified options from 2016 (not part of this transaction).
Context
- RSU grants are compensation and don’t represent an immediate cash purchase or sale. They become company stock only if/when they vest, so this is not a direct bullish purchase signal but does reflect standard executive/director compensation.