Form 4: Hope Bancorp EVP Angelee Harris Reports Stock Transactions

EVP and General Counsel of Hope Bancorp, Angelee Harris, reports the acquisition and disposal of company stock related to tax liabilities and restricted stock units.

Summary

• On March 21, 2025, Angelee Harris, EVP and General Counsel of Hope Bancorp Inc., reported transactions involving Hope Bancorp common stock.
• Ms. Harris disposed of 2,286 shares at $10.45 to cover tax liabilities from a previous award vesting.
• She also acquired 9,569 Restricted Stock Units (RSUs) at $10.45, granted under the 2024 Equity Incentive Plan.
• Following these transactions, Ms. Harris beneficially owns 28,439 shares of Hope Bancorp common stock.
• The RSUs vest in three installments: 3,189 shares on March 23, 2026, 3,190 shares on March 19, 2027, and 3,190 shares on March 21, 2028.

Sentiment

Score: 6

Explanation: The sentiment is neutral as the filing reflects routine transactions related to executive compensation and tax obligations. There is no indication of unusual or concerning activity.

Future Outlook

The RSUs will vest over the next three years, indicating a continued alignment of Ms. Harris's interests with the company's performance.

Industry Context

Form 4 filings are standard practice for reporting insider transactions and provide transparency to investors regarding the actions of company executives.

Stakeholder Impact

• The transactions provide transparency to shareholders regarding executive compensation and stock ownership.

Key Dates

Keywords

Hope Bancorp, Angelee Harris, Form 4, Stock Transactions, Restricted Stock Units, Equity Incentive Plan, Beneficial Ownership