HOPE Bancorp (HOPE) director awarded 5,060 RSUs and retains 20,000 stock options
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
HOPE Bancorp director Jinho Doo reported a new equity award and existing options position. On May 21, 2026, Doo received 5,060 shares of Common Stock as a compensation-related grant, at a reference price of $12.45 per share, increasing direct holdings to 27,658 shares.
The grant represents 5,060 Restricted Stock Units under the Hope Bancorp, Inc. 2024 Equity Incentive Plan. Each RSU converts into one common share and will vest on the earlier of the one-year anniversary of the grant date or the next Hope Bancorp stockholders meeting. Doo also holds a fully vested, non-qualified stock option covering 20,000 shares of common stock at an exercise price of $17.18 per share, expiring on September 1, 2026.
Positive
- None.
Negative
- None.
Insights
Director received routine RSU grant and retains vested options.
Director Jinho Doo acquired 5,060 Restricted Stock Units as a compensation grant, lifting direct common stock holdings to 27,658 shares. This is coded as a grant/award acquisition, not an open‑market purchase, so it mainly reflects board compensation structure.
The grant vests on the earlier of the one-year anniversary of May 21, 2026 or the next stockholders meeting, aligning incentives with shareholder outcomes over that period. Doo also continues to hold fully vested non-qualified stock options for 20,000 underlying shares at an exercise price of $17.18 expiring on September 1, 2026, indicating substantial remaining equity exposure.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Doo Jinho
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 5,060 | $12.45 | $63K |
| holding | Non-qualified stock option (right to buy) | -- | -- | -- |
Holdings After Transaction:
Common Stock — 27,658 shares (Direct, null);
Non-qualified stock option (right to buy) — 20,000 shares (Direct, null)
Footnotes (1)
- Total 5,060 Restricted Stock Units ("RSU") were granted on May 21, 2026 pursuant to the Hope Bancorp, Inc. 2024 Equity Incentive Plan. Each RSU represents a contingent right to receive one share of Hope common stock. 5,060 shares will vest either on the one-year anniversary of grant date or the date of the next Hope Bancorp stockholders meeting, whichever is earlier. Non-qualified stock options were granted on September 1, 2016 pursuant to the BBCN Bancorp, Inc. 2016 Incentive Compensation Plan. These options were fully vested as of September 1, 2018.
Key Figures
RSU grant size: 5,060 shares
Grant reference price: $12.45 per share
Post-grant common holdings: 27,658 shares
+3 more
6 metrics
RSU grant size
5,060 shares
Restricted Stock Units granted May 21, 2026
Grant reference price
$12.45 per share
Common Stock grant price on May 21, 2026
Post-grant common holdings
27,658 shares
Total direct common stock after RSU grant
Option exercise price
$17.18 per share
Non-qualified stock option strike price
Underlying shares for options
20,000 shares
Common shares underlying non-qualified stock options
Option expiration
September 1, 2026
Expiration date of non-qualified stock options
Key Terms
Restricted Stock Units, RSU, Non-qualified stock option, Equity Incentive Plan, +1 more
5 terms
Restricted Stock Units financial
"Total 5,060 Restricted Stock Units ("RSU") were granted on May 21, 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.
Non-qualified stock option financial
"Non-qualified stock options were granted on September 1, 2016 pursuant to the BBCN Bancorp, Inc. 2016 Incentive Compensation Plan."
A non-qualified stock option (NSO) is a contract that lets an employee or service provider buy company shares at a fixed price for a set period, like a voucher to purchase stock later at today’s price. It matters to investors because exercising NSOs creates ordinary income for the holder and can increase share count, affecting a company’s earnings and ownership mix; think of it as a future sale that can dilute existing shareholders and has immediate tax consequences for the recipient.
Equity Incentive Plan financial
"granted on May 21, 2026 pursuant to the Hope Bancorp, Inc. 2024 Equity Incentive Plan."
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.
Incentive Compensation Plan financial
"pursuant to the BBCN Bancorp, Inc. 2016 Incentive Compensation Plan."
An incentive compensation plan is a formal program that rewards employees and executives with bonuses, stock, or other payments tied to specific performance goals—such as revenue, profit, productivity, or long‑term share price. Investors watch these plans because they shape how leaders make decisions and take risks; like paying a coach by wins rather than effort, well‑designed plans can drive sustainable growth while poor designs can encourage short‑term behaviors that harm shareholder value.
FAQ
What did HOPE director Jinho Doo report in this Form 4 filing?
Director Jinho Doo reported a grant of 5,060 Restricted Stock Units and updated holdings. The award increased direct common stock ownership to 27,658 shares and is part of equity compensation rather than an open-market stock purchase or sale.
What is the vesting schedule for Jinho Doo’s 5,060 RSUs at HOPE?
The 5,060 Restricted Stock Units vest on the earlier of two dates: the one-year anniversary of the May 21, 2026 grant or the date of the next Hope Bancorp stockholders meeting. Once vested, each RSU converts into one share of common stock.
What equity incentive plan governs Jinho Doo’s new HOPE RSU grant?
The RSU grant was made under the Hope Bancorp, Inc. 2024 Equity Incentive Plan. This plan authorizes equity-based awards, such as Restricted Stock Units, to directors and other participants as part of their overall compensation and alignment with shareholder interests.
What stock options does Jinho Doo still hold in HOPE Bancorp?
Jinho Doo holds fully vested non-qualified stock options originally granted September 1, 2016. These options cover 20,000 underlying HOPE common shares at a $17.18 exercise price and remain exercisable until their September 1, 2026 expiration date.
Is Jinho Doo’s Form 4 transaction an open-market buy or sell of HOPE stock?
The Form 4 shows a grant coded as a compensation-related acquisition, not an open-market trade. The 5,060 shares come from Restricted Stock Units awarded to the director, rather than shares bought or sold on the open market.