Nakajima Takaaki 4
Research Summary
AI-generated summary
Hope Bancorp (HOPE) Director Takaaki Nakajima Receives 4,337 RSUs
What Happened
Takaaki Nakajima, a director of Hope Bancorp, received a grant of 4,337 Restricted Stock Units (RSUs) on May 21, 2026. The grant price equivalent reported is $12.45 per share, for a total reported value of $53,996. This was an award/grant (transaction code A), not an open-market buy or sale.
Key Details
- Transaction date: 2026-05-21; Form 4 filed 2026-05-22 (timely filing).
- Security: 4,337 RSUs granted at $12.45 per RSU; total reported value $53,996 (4,337 × $12.45).
- Shares owned after transaction: Not specified in the provided excerpt of the filing.
- Footnote: RSUs granted under the Hope Bancorp, Inc. 2024 Equity Incentive Plan. Each RSU represents a contingent right to one share. The 4,337 shares will 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 type: Award/grant (A). No 10b5‑1 plan or tax‑withholding detail was disclosed in the provided footnote.
Context
RSU grants are a form of compensation and represent a future right to receive company stock if vesting conditions are met; they are not the same as an immediate market purchase. Such awards are common for directors and executives and do not, by themselves, indicate the insider's intent to buy or sell shares on the open market.