Hope Bancorp COO granted 14,238 RSUs
Hope Bancorp President & COO Peter Koh received a stock-based compensation award.
Rhea-AI Filing Summary
Hope Bancorp President & COO Peter Koh received a stock-based compensation award. On April 14, 2026, he was granted 14,238 shares of Common Stock at a reference price of $10.84 per share, reported as a grant/award acquisition rather than an open-market purchase.
The grant represents Restricted Stock Units under the 2024 Equity Incentive Plan, with three equal installments of 4,746 shares scheduled to vest on April 14, 2027, March 21, 2028, and March 21, 2029. Following this award, Koh directly holds 146,099 Common Shares. He also holds a fully vested Incentive Stock Option for 20,000 underlying shares of Common Stock at a $17.18 exercise price, expiring on September 1, 2026.
Positive
- None.
Negative
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Insider Trade Summary
Grant/Award: 14,238 shares
Grant/Award
2 txns
Insider
Koh Peter
Role
President & COO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 14,238 | $10.84 | $154K |
| holding | Incentive Stock Option (right to buy) | -- | -- | -- |
Holdings After Transaction:
Common Stock — 146,099 shares (Direct);
Incentive Stock Option (right to buy) — 20,000 contracts (Direct)
Footnotes (2)
- F1. Total 14,238 Restricted Stock Units ("RSU") were granted on April 14, 2026 pursuant to the Hope Bancorp, Inc. 2024 Equity Incentive Plan ("2024 EIP"). Each RSU represents a contingent right to receive one share of Hope common stock. Installments of 4,746 shares will each vest on April 14, 2027, March 21, 2028 and March 21, 2029.
- F2. Non-qualified stock options granted on September 1, 2016 pursuant to the 2016 Incentive Compensation Plan. These options were fully vested as of September 1, 2021.
Key Figures
RSU grant size: 14,238 shares
Grant reference price: $10.84 per share
Shares held after grant: 146,099 shares
+2 more
5 metrics
RSU grant size
14,238 shares
Restricted Stock Units granted April 14, 2026
Grant reference price
$10.84 per share
Price reported for Common Stock grant
Shares held after grant
146,099 shares
Total direct Common Stock holdings after transaction
Option exercise price
$17.18 per share
Exercise price of Incentive Stock Option
Underlying option shares
20,000 shares
Common Stock underlying fully vested option expiring September 1, 2026
Key Terms
Restricted Stock Units, 2024 Equity Incentive Plan, Incentive Stock Option, Non-qualified stock options
4 terms
Restricted Stock Units financial
"Total 14,238 Restricted Stock Units ("RSU") were granted on April 14, 2026"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
2024 Equity Incentive Plan financial
"granted on April 14, 2026 pursuant to the Hope Bancorp, Inc. 2024 Equity Incentive Plan"
Incentive Stock Option financial
"Incentive Stock Option (right to buy)"
An incentive stock option is a type of employee benefit that gives a worker the right to buy company shares at a fixed price, with special tax advantages if the employee holds the shares for a required period. Think of it as a coupon to buy future shares at today’s price that can result in lower tax on the gain. Investors care because ISOs can dilute share count, align staff incentives with the stock price, and affect company compensation costs and the timing of potential share sales.
Non-qualified stock options financial
"Non-qualified stock options granted on September 1, 2016 pursuant to the 2016 Incentive Compensation Plan"
Non-qualified stock options are a type of employee benefit that gives individuals the right to buy company shares at a set price, usually lower than the market value, within a certain period. Unlike other options that may have special tax advantages, these options are taxed as income when exercised, which can affect how much money the employee or investor ultimately gains. They are important because they can influence company compensation strategies and impact the financial outcomes for employees and investors.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did HOPE Bancorp executive Peter Koh report in this Form 4 filing?
Peter Koh reported receiving a grant of 14,238 shares of HOPE common stock as a stock-based compensation award. The filing also updates his total direct holdings and discloses a fully vested stock option position linked to additional common shares.
What are the vesting terms of Peter Koh’s new HOPE Bancorp Restricted Stock Units?
The 14,238 Restricted Stock Units vest in three equal installments of 4,746 shares. These installments are scheduled to vest on April 14, 2027, March 21, 2028, and March 21, 2029 under the company’s 2024 Equity Incentive Plan.
Are Peter Koh’s reported HOPE Bancorp transactions open-market purchases or sales?
The Form 4 shows a grant/award acquisition, not an open-market trade. The 14,238 shares were awarded as Restricted Stock Units under an equity incentive plan, with no reported open-market buys or sells in this particular filing.
What stock options does Peter Koh hold in HOPE Bancorp according to this filing?
He holds an Incentive Stock Option covering 20,000 underlying HOPE common shares at a $17.18 exercise price. The options were granted September 1, 2016, are fully vested, and are scheduled to expire on September 1, 2026 if not exercised.
AI-generated analysis. How Rhea-AI works. Not financial advice.
