Kim Joon Kyung 4
Research Summary
AI-generated summary
Hope Bancorp (HOPE) Director Kim Joon Kyung Receives RSU Award
What Happened
- Kim Joon Kyung, a director of Hope Bancorp, received a grant of 5,783 Restricted Stock Units (RSUs) on May 21, 2026. The grant price basis reported is $12.45 per share, for a reported grant value of $71,998. This was an equity award (code A), not an open-market purchase or sale.
Key Details
- Transaction date: 2026-05-21; Filing date: 2026-05-22 (appears timely).
- Award: 5,783 RSUs at $12.45 per RSU; total reported value $71,998.
- Shares owned after transaction: Not reported in the provided excerpt.
- Footnote: The RSUs were granted under the Hope Bancorp, Inc. 2024 Equity Incentive Plan. Each RSU is a contingent right to one share. The 5,783 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.
- Transaction code: A = Award/Grant.
Context
- RSUs are a form of compensation representing a promise to deliver shares if vesting conditions are met; they are not immediate stock ownership until vested and settled. Such awards are common for directors/executives and do not, by themselves, indicate buying or selling sentiment.