Hope Bancorp officer sells 1,500 shares in market
Hope Bancorp Inc. Senior Executive Vice President and Chief Risk Officer Thomas Stenger sold 1,500 shares of Common Stock in an open-market sale on June 8, 2026 at a weighted average price of $12.6783 per share.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Form Type
4
Rhea-AI Filing Summary
Hope Bancorp Inc. Senior Executive Vice President and Chief Risk Officer Thomas Stenger sold 1,500 shares of Common Stock in an open-market sale on June 8, 2026 at a weighted average price of $12.6783 per share. After this transaction, he directly holds 26,128 shares, indicating a relatively small reduction in his position.
Insider Trade Summary
Net Seller: 1,500 shares
Net Sell
1 txn
Insider
Stenger Thomas
Role
SEVP, Chief Risk Officer
Sold
1,500 shs ($19K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 1,500 | $12.6783 | $19K |
Holdings After Transaction:
Common Stock — 26,128 shares (Direct)
Footnotes (1)
- F1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $12.67 to $12.685, inclusive. The reporting person undertakes to provide to HOPE Bancorp, Inc., any security holder of HOPE Bancorp, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (1) to this Form 4.
Key Figures
Shares sold: 1,500 shares
Weighted avg sale price: $12.6783 per share
Post-transaction holdings: 26,128 shares
+1 more
4 metrics
Shares sold
1,500 shares
Open-market sale on June 8, 2026
Weighted avg sale price
$12.6783 per share
Common Stock sale on June 8, 2026
Post-transaction holdings
26,128 shares
Direct ownership after June 8, 2026 sale
Price range
$12.67–$12.685 per share
Range of individual sale prices in the transaction
Key Terms
open-market sale, weighted average price, Common Stock, Form 4
4 terms
open-market sale financial
"transaction_action: "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
Common Stock financial
"security_title: "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Form 4 regulatory
"within the ranges set forth in footnote (1) to this Form 4."
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did HOPE Bancorp (HOPE) report for Thomas Stenger?
HOPE Bancorp reported that Senior Executive Vice President and Chief Risk Officer Thomas Stenger sold 1,500 shares of Common Stock. The sale was an open-market transaction executed on June 8, 2026, and is detailed in a Form 4 insider filing.
What type of transaction did HOPE Bancorp (HOPE) disclose for Thomas Stenger?
The Form 4 describes the transaction as an open-market sale of Common Stock. It is coded as an “S” transaction, meaning a sale in an open market or private transaction, and involves non-derivative equity rather than options or other derivatives.
Does the HOPE Bancorp (HOPE) Form 4 mention any derivative securities for Thomas Stenger?
The filing’s derivative section shows no derivative transactions or remaining derivative positions for Thomas Stenger. The reported activity relates solely to non-derivative Common Stock, reinforcing that this Form 4 covers only a straightforward share sale.
AI-generated analysis. How Rhea-AI works. Not financial advice.
Accepted by SEC EDGAR
Learn about SEC filing dates