HOPE BANCORP INC·4

Mar 25, 8:00 PM ET

Hawley Brian William 4

Research Summary

AI-generated summary

Updated

Hope Bancorp EVP Brian Hawley Sells Shares for Tax Withholding

What Happened

  • Brian Hawley, EVP & Chief Retail Banking Officer of Hope Bancorp (HOPE), disposed of shares to satisfy tax withholding obligations arising from the vesting of a previously granted award. On 2026-03-24 he disposed of 1,061 shares at $10.84 each ($11,501), and on 2026-03-25 he disposed of 1,288 shares at $11.05 each ($14,232). Total disposed: 2,349 shares for about $25,733.
  • This was a tax-withholding share disposition (routine), not a market buy or a discretionary sale intended to signal a view on the company.

Key Details

  • Transaction dates and prices:
    • 2026-03-24: 1,061 shares @ $10.84 = $11,501
    • 2026-03-25: 1,288 shares @ $11.05 = $14,232
  • Total shares disposed: 2,349; total proceeds ≈ $25,733.
  • Shares owned after transaction: Not specified in the provided filing.
  • Footnote: F1 — "Shares disposed to satisfy the Reporting Person's tax liability incurred by the vesting of a previously granted award."
  • Transaction code: F (tax withholding). Filing date: 2026-03-25 — appears timely (filed within the normal Form 4 reporting window).

Context

  • This disposal is a common, administrative action to cover taxes from vested equity awards (often called share withholding or net share settlement). It is typically routine and does not necessarily indicate insider sentiment about the stock.