Du Michael 4
4 · HANMI FINANCIAL CORP · Filed Mar 12, 2026
Research Summary
AI-generated summary of this filing
Hanmi Financial (HAFC) CRO Michael Du Sells 205 Shares
What Happened
Michael Du, Chief Risk Officer of Hanmi Financial Corp. (HAFC), disposed of 205 shares on 2026-03-10 at $25.55 per share, for a total of approximately $5,238. The Form 4 records the disposition under transaction code "F" (payment of exercise price or tax liability), indicating the shares were delivered/withheld to satisfy tax or exercise-related obligations rather than an open-market investment sale.
Key Details
- Transaction date: 2026-03-10; Filing date: 2026-03-12 (timely filed).
- Price per share: $25.55; Shares disposed: 205; Total value: ~$5,238.
- Transaction code: F — payment of exercise price or tax liability by withholding/delivering securities.
- Shares owned after the transaction: not specified in the filing.
- No indication of a 10b5-1 plan or other special plan noted in this filing.
Context
Code F transactions commonly reflect withholding of shares to cover taxes from option exercises or RSU vesting (a routine administrative step). Such withholdings are typically neutral in interpreting insider sentiment because they don’t represent a discretionary investment decision.
Insider Transaction Report
- Tax Payment
Common Stock
2026-03-10$25.55/sh−205$5,238→ 12,409 total