Form 4: Hope Bancorp Director Daisy Ha Sells Shares
SEC Form 4
Director Daisy Ha sold 27,104 shares of Hope Bancorp Inc. common stock at a weighted average price of $13.8297 on November 7, 2024.
Summary
- On November 7, 2024, Daisy Ha, a director of Hope Bancorp Inc., sold 27,104 shares of common stock.
- The shares were sold at a weighted average price of $13.8297.
- Following the transaction, Daisy Ha directly owns 446,806 shares of Hope Bancorp Inc. common stock.
- Daisy Ha also indirectly owns 141,427 shares through a trust.
- Ha also owns non-qualified stock options to purchase 20,000 shares at $17.18, exercisable from September 1, 2016, and 4,404 shares at $14.65, received in exchange for Wilshire Bancorp, Inc. shares.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing a stock sale by a director. It doesn't inherently convey positive or negative sentiment, but rather provides factual information about the transaction.
Industry Context
This Form 4 filing is a routine disclosure of a transaction by a company insider. It provides transparency to the market regarding the trading activities of individuals with access to non-public information.
Stakeholder Impact
- The sale of shares by a director could be perceived negatively by some shareholders, but it is a relatively small percentage of the total outstanding shares.
- The impact on other stakeholders is likely minimal.
Key Dates
| Date | Description |
|---|---|
| 09/01/2016 | Non-qualified stock options were granted pursuant to the BBCN Bancorp, Inc. 2016 Incentive Compensation Plan. |
| 09/01/2018 | Non-qualified stock options were fully vested. |
| 08/25/2025 | Expiration date of non-qualified stock option (right to buy) at $14.65. |
| 09/01/2026 | Expiration date of non-qualified stock option (right to buy) at $17.18. |
| 11/07/2024 | Date of transaction: Daisy Ha sold 27,104 shares of Common Stock. |
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