Hope Bancorp (HOPE) awards 5,060 RSUs to director Donald Byun
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Hope Bancorp director Donald Byun reported an equity award of 5,060 shares of Common Stock on May 21, 2026, recorded as a grant/award acquisition at a reference price of $12.45 per share. The footnotes clarify this represents 5,060 Restricted Stock Units granted under the Hope Bancorp, Inc. 2024 Equity Incentive Plan, with each RSU convertible into one share of common stock. These RSUs will vest on the earlier of the one-year anniversary of the grant date or the date of the next Hope Bancorp stockholders meeting. Following the grant, Byun directly holds 44,021 common shares and a fully vested non-qualified stock option covering 20,000 shares at an exercise price of $17.18 per share, expiring on September 1, 2026, while 477,728 shares are held indirectly by a family trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Byun Donald
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 5,060 | $12.45 | $63K |
| holding | Non-qualified stock option (right to buy) | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 44,021 shares (Direct, null);
Non-qualified stock option (right to buy) — 20,000 shares (Direct, null);
Common Stock — 477,728 shares (Indirect, By self and spouse as trustees of family trust)
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: 5,060 shares
Grant reference price: $12.45 per share
Direct common shares after grant: 44,021 shares
+4 more
7 metrics
RSU grant
5,060 shares
Restricted Stock Units granted May 21, 2026
Grant reference price
$12.45 per share
Common Stock award transaction price per share
Direct common shares after grant
44,021 shares
Total direct holdings following RSU grant
Indirect trust holdings
477,728 shares
Common Stock held by family trust
Stock options underlying shares
20,000 shares
Non-qualified stock option for Common Stock
Option exercise price
$17.18 per share
Non-qualified stock option strike price
Option expiration
September 1, 2026
Non-qualified stock option expiration date
Key Terms
Restricted Stock Units ("RSU"), Equity Incentive Plan, Non-qualified stock option, contingent right, +1 more
5 terms
Restricted Stock Units ("RSU") financial
"Total 5,060 Restricted Stock Units ("RSU") were granted on May 21, 2026 pursuant to the Hope Bancorp, Inc. 2024 Equity Incentive Plan."
Equity Incentive Plan financial
"Total 5,060 Restricted Stock Units ("RSU") were 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.
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.
contingent right financial
"Each RSU represents a contingent right to receive one share of Hope common stock."
family trust financial
"By self and spouse as trustees of family trust"
FAQ
What equity award did HOPE director Donald Byun receive in this Form 4?
Donald Byun received a grant of 5,060 Restricted Stock Units. Each RSU represents a right to one Hope Bancorp common share, vesting on the earlier of one year from grant or the next stockholders meeting.
At what price is Donald Byun’s new HOPE stock grant recorded?
The 5,060-share Common Stock award is recorded at $12.45 per share. This price reflects the grant’s reference value for reporting, not a cash purchase in the open market.
When do Donald Byun’s 5,060 HOPE RSUs vest?
The 5,060 Restricted Stock Units vest either on the one-year anniversary of the May 21, 2026 grant date or on the date of the next Hope Bancorp stockholders meeting, whichever occurs first.
What stock options does Donald Byun hold in HOPE after this Form 4?
Byun holds non-qualified stock options on 20,000 Hope Bancorp shares at a $17.18 exercise price. These options were granted on September 1, 2016, are fully vested, and expire on September 1, 2026.