Form 4: HOPE Bancorp CRO Sells 3,602 Shares
Insider Transaction Report
HOPE Bancorp's Chief Risk Officer, Thomas Stenger, reported sales of common stock totaling 3,602 shares in August and September 2025.
Summary
- Thomas Stenger, SEVP and Chief Risk Officer of HOPE Bancorp Inc., reported changes in his beneficial ownership of common stock.
- On August 6, 2025, Stenger sold 2,000 shares of common stock at a price of $10.01 per share.
- Following this transaction, his direct beneficial ownership stood at 25,891 shares.
- On September 15, 2025, Stenger sold an additional 1,602 shares of common stock at a weighted average price of $10.906 per share.
- These shares were sold in multiple transactions with prices ranging from $10.895 to $10.920.
- After the September 15, 2025, transaction, Stenger's direct beneficial ownership decreased to 24,289 shares.
Sentiment
Score: 5
Explanation: Neutral, as this is a factual report of an insider stock sale, which is a routine disclosure for Section 16 officers. The filing itself does not provide positive or negative commentary on the company's performance or outlook.
Future Outlook
NA
Industry Context
NA
Related Party Transactions
- Thomas Stenger, SEVP, Chief Risk Officer, sold 3,602 shares of common stock in two transactions on August 6, 2025, and September 15, 2025.
Stakeholder Impact
- Shareholders: Disclosure of insider selling by a key executive, which may influence investor sentiment and perception of the company's future prospects.
Key Dates
| Date | Description |
|---|---|
| 08/06/2025 | Sale of 2,000 shares of Common Stock by Thomas Stenger at $10.01 per share. |
| 09/15/2025 | Sale of 1,602 shares of Common Stock by Thomas Stenger at a weighted average price of $10.906 per share. |
Keywords
HOPE Bancorp, HOPE, Thomas Stenger, Form 4, Insider Trading, Stock Sale, Chief Risk Officer, SEC Filing
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