Hope Bancorp (HOPE) grants director 4,337 RSUs as equity award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Sacchi Guido Francesco reported acquisition or exercise transactions in this Form 4 filing.
Hope Bancorp director Guido Francesco Sacchi received a grant of 4,337 Restricted Stock Units (RSUs) of common stock on May 21, 2026, as equity compensation. The RSUs were valued at $12.45 per share at grant, and this is his entire reported direct holding after the transaction.
Each RSU represents a contingent right to receive one Hope Bancorp common share. All 4,337 shares will vest on the earlier of the one-year anniversary of the grant date or the date of the next Hope Bancorp stockholders meeting, tying the award to continued service and the upcoming shareholder meeting cycle.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Sacchi Guido Francesco
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 4,337 | $12.45 | $54K |
Holdings After Transaction:
Common Stock — 4,337 shares (Direct, null)
Footnotes (1)
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Key Figures
RSUs granted: 4,337 units
Grant price per share: $12.45 per share
Shares after transaction: 4,337 shares
3 metrics
RSUs granted
4,337 units
Restricted Stock Units granted on May 21, 2026
Grant price per share
$12.45 per share
Reference price for RSU grant
Shares after transaction
4,337 shares
Total directly held following RSU grant
Key Terms
Restricted Stock Units ("RSU"), 2024 Equity Incentive Plan, grant date
3 terms
Restricted Stock Units ("RSU") financial
"Total 4,337 Restricted Stock Units ("RSU") were granted on May 21, 2026"
2024 Equity Incentive Plan financial
"granted on May 21, 2026 pursuant to the Hope Bancorp, Inc. 2024 Equity Incentive Plan"
grant date financial
"will vest either on the one-year anniversary of grant date or the date"
The grant date is the day a company formally gives an employee or contractor the right to receive stock-based compensation, such as stock options or restricted shares. It matters to investors because it fixes key terms—like the price, the start of the ownership clock, and when the award will affect the company’s financial statements and share count—so it can influence dilution, reported expenses, and potential future selling pressure.
FAQ
What insider transaction did HOPE director Guido Sacchi report?
Director Guido Francesco Sacchi reported an acquisition of 4,337 Restricted Stock Units in Hope Bancorp common stock. The award is equity compensation, not an open-market purchase, and was granted under the company’s 2024 Equity Incentive Plan at a reference price of $12.45 per share.
How many Hope Bancorp (HOPE) RSUs were granted to the director?
The director received 4,337 Restricted Stock Units tied to Hope Bancorp common stock. Each RSU represents a contingent right to one share, giving him 4,337 shares subject to vesting. This figure also equals his total directly reported holdings after the grant.
When do Guido Sacchi’s 4,337 Hope Bancorp RSUs vest?
All 4,337 RSUs will vest on the earlier of the one-year anniversary of the May 21, 2026 grant date or the date of the next Hope Bancorp stockholders meeting. This schedule links the award’s vesting to both time and the company’s upcoming shareholder meeting.
Is the Hope Bancorp Form 4 transaction a market purchase or compensation?
The transaction is compensation-related, described as a grant or award acquisition of 4,337 RSUs. It is not an open-market stock purchase or sale. The RSUs were issued under the Hope Bancorp, Inc. 2024 Equity Incentive Plan as part of director equity compensation.
What does each Hope Bancorp RSU granted to the director represent?
Each Restricted Stock Unit represents a contingent right to receive one share of Hope Bancorp common stock. The director will receive the actual shares only upon vesting of the RSUs, aligning his interests with shareholders through future stock ownership rather than immediate cash.