Hanmi CBO reports stock award and tax withholding
Hanmi Financial Corp Chief Banking Officer Anthony I. Kim reported a performance-based stock award and related tax withholding in company shares.
Rhea-AI Filing Summary
Hanmi Financial Corp Chief Banking Officer Anthony I. Kim reported a performance-based stock award and related tax withholding in company shares. On March 26, 2026, he received 4,455 shares of common stock as a grant/award when a restricted stock grant vested at 120% of payout after meeting three-year performance criteria. To cover tax obligations, a total of 1,537 shares of common stock were used for tax-withholding dispositions at $26.33 per share, which is a non-market transaction rather than an open-market sale. Following these compensation-related entries, Kim directly holds 47,750 shares of Hanmi Financial common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Kim Anthony I.
Role
Chief Banking Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 339 | $26.33 | $9K |
| Grant/Award | Common Stock | 4,455 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 1,198 | $26.33 | $32K |
Holdings After Transaction:
Common Stock — 47,750 shares (Direct)
Footnotes (1)
- F1. On March 10, 2023, the reporting person was granted 3,713 shares of restricted stock which would vest on or after March 10, 2026, subject to the satisfaction of certain performance criteria. The performance criteria for the three year period ended March 10, 2026 were met and certified on March 26, 2026, resulting in the vesting of 4,455 shares (120% of payout).
Key Figures
Shares granted/vested: 4,455 shares
Tax-withholding shares: 1,537 shares
Tax-withholding price: $26.33 per share
+3 more
6 metrics
Shares granted/vested
4,455 shares
Performance-based restricted stock vesting on March 26, 2026 at 120% payout
Tax-withholding shares
1,537 shares
Shares delivered to cover tax liabilities at vesting of restricted stock
Tax-withholding price
$26.33 per share
Value used for non-market tax-withholding dispositions of common stock
Post-transaction holdings
47,750 shares
Direct common stock held by Anthony Kim after March 26, 2026 entries
Original restricted grant
3,713 shares
Restricted stock granted March 10, 2023 subject to performance criteria
Performance payout level
120%
Vested shares exceeded target, resulting in 4,455 shares from 3,713 granted
Key Terms
restricted stock, tax-withholding disposition, performance criteria, grant, award, or other acquisition, +1 more
5 terms
restricted stock financial
"the reporting person was granted 3,713 shares of restricted stock which would vest"
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
tax-withholding disposition financial
"transaction_action": "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
performance criteria financial
"subject to the satisfaction of certain performance criteria. The performance criteria for the three year period"
grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
vesting financial
"resulting in the vesting of 4,455 shares (120% of payout)"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
FAQ
What did Hanmi Financial (HAFC) insider Anthony Kim report on this Form 4?
Hanmi Financial Chief Banking Officer Anthony I. Kim reported a performance-based stock award vesting and related tax-withholding dispositions. He received 4,455 common shares as compensation and delivered 1,537 shares at $26.33 each to satisfy tax obligations, all as direct holdings.
Were Anthony Kim’s Hanmi Financial (HAFC) transactions open-market sales or tax withholding?
The Form 4 shows tax-withholding dispositions, not open-market sales. A total of 1,537 shares were delivered at $26.33 per share to cover tax liabilities arising from the vesting of restricted stock, a common non-market mechanism associated with equity compensation.
What performance conditions affected Anthony Kim’s Hanmi Financial (HAFC) restricted stock?
Kim’s restricted stock grant from March 10, 2023 was subject to performance criteria over a three-year period ending March 10, 2026. Those criteria were met and certified on March 26, 2026, resulting in 4,455 shares vesting, equal to 120% of the target payout level.
AI-generated analysis. How Rhea-AI works. Not financial advice.
