HOPE Bancorp (HOPE) EVP granted 9,594 RSUs under 2024 equity plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
HOPE Bancorp EVP and General Counsel Angelee Harris received an equity grant of 9,594 shares of Common Stock as a compensation award. The grant was made on April 14, 2026 at a reported price of $10.84 per share and represents Restricted Stock Units under the 2024 Equity Incentive Plan. Each RSU converts into one share of HOPE common stock as it vests. The award vests in three equal installments of 3,198 shares on April 14, 2027, March 21, 2028, and March 21, 2029. Following this grant, Harris directly holds 30,752 shares of HOPE common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Harris Angelee
Role
EVP, General Counsel
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 9,594 | $10.84 | $104K |
Holdings After Transaction:
Common Stock — 30,752 shares (Direct)
Footnotes (1)
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Key Figures
RSUs granted: 9,594 units
Grant price per share: $10.84 per share
Installment size: 3,198 shares
+3 more
6 metrics
RSUs granted
9,594 units
Restricted Stock Units granted on April 14, 2026
Grant price per share
$10.84 per share
Reported transaction price for RSU grant
Installment size
3,198 shares
Each vesting installment in 2027, 2028 and 2029
Post-transaction holdings
30,752 shares
Total Common Stock held directly after grant
Transaction code
A
Grant, award, or other acquisition of Common Stock
Vesting dates
2027-04-14, 2028-03-21, 2029-03-21
Scheduled vesting for RSU installments
Key Terms
Restricted Stock Units, RSU, 2024 Equity Incentive Plan, Equity Incentive Plan, +1 more
5 terms
Restricted Stock Units financial
"Total 9,594 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.
RSU financial
"Each RSU represents a contingent right to receive one share of Hope common stock."
Restricted stock units (RSUs) are a form of company shares given to employees as part of their compensation, usually with certain restrictions or conditions, such as remaining with the company for a set period. When these restrictions lift, employees receive actual shares that they can sell or hold. For investors, RSUs can impact a company's stock supply and reflect the company's commitment to attracting and retaining talent.
2024 Equity Incentive Plan financial
"pursuant to the Hope Bancorp, Inc. 2024 Equity Incentive Plan ("2024 EIP")."
Equity Incentive Plan financial
"pursuant to the Hope Bancorp, Inc. 2024 Equity Incentive Plan ("2024 EIP")."
An equity incentive plan is a program that gives employees, executives or directors the right to receive company stock or options to buy stock as part of their pay. Think of it as offering slices of future company profit to motivate people to boost long‑term performance; for investors it matters because it can align employee goals with shareholder value but also increases the number of shares outstanding, which can dilute existing ownership.
Common Stock financial
"Each RSU represents a contingent right to receive one share of Hope common stock."
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What insider transaction did HOPE (HOPE) report for Angelee Harris?
HOPE reported that EVP and General Counsel Angelee Harris acquired 9,594 shares of Common Stock as a grant of Restricted Stock Units. The award was recorded at $10.84 per share and increases her direct ownership to 30,752 HOPE shares after the transaction.
How many HOPE (HOPE) Restricted Stock Units were granted to Angelee Harris and when?
Angelee Harris received 9,594 Restricted Stock Units on April 14, 2026 under the Hope Bancorp, Inc. 2024 Equity Incentive Plan. Each RSU represents a contingent right to receive one share of HOPE common stock upon vesting, rather than an open-market purchase transaction.
What is the vesting schedule for Angelee Harris’s HOPE (HOPE) RSU grant?
The 9,594 RSUs granted to Angelee Harris vest in three equal installments of 3,198 shares. The vesting dates are April 14, 2027, March 21, 2028, and March 21, 2029, with each installment delivering one HOPE share for every vested RSU.
Is the HOPE (HOPE) transaction by Angelee Harris a market buy or a compensation award?
The transaction is a compensation award, not an open-market purchase. The Form 4 uses code “A” and describes it as a grant or award of 9,594 Restricted Stock Units under the 2024 Equity Incentive Plan, each convertible into one HOPE common share upon vesting.
Under which plan were the HOPE (HOPE) RSUs granted to Angelee Harris?
The RSUs were granted under the Hope Bancorp, Inc. 2024 Equity Incentive Plan. The footnote explains that 9,594 Restricted Stock Units were awarded on April 14, 2026, each providing a contingent right to receive one HOPE common share as the installments vest over three future dates.