HOPE Bancorp COO reports tax withholding of shares
HOPE Bancorp executive Peter Koh reported two routine tax-related share dispositions tied to vesting of prior stock awards.
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Rhea-AI Filing Summary
HOPE Bancorp executive Peter Koh reported two routine tax-related share dispositions tied to vesting of prior stock awards. On March 24, 2,524 shares of common stock were withheld at $10.84 per share, and on March 25, 1,683 shares were withheld at $11.05 per share to cover tax liabilities. These transactions were not open-market sales and reflect payment of taxes by delivering shares. After the most recent transaction, Koh directly holds 131,861 shares of HOPE common stock.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 1,683 | $11.05 | $19K |
| Exercise Price or Tax Liability | Common Stock | 2,524 | $10.84 | $27K |
Footnotes (1)
- F1. Shares disposed to satisfy the Reporting Person's tax liability incurred by the vesting of a previously granted award.
FAQ
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What did HOPE (HOPE) executive Peter Koh report in this Form 4 filing?
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