HOPE Bancorp (NASDAQ: HOPE) executive uses 2,799 shares to cover tax liability

Rhea-AI Filing Summary

HOPE Bancorp senior executive vice president and Chief Commercial Banking Officer Elworth Williams reported a routine tax-related share disposition. On this Form 4, 2,799 shares of common stock were surrendered at $12.26 per share to cover tax liability from the vesting of a prior equity award. After this tax-withholding transaction, Williams directly holds 20,605 shares of HOPE Bancorp common stock.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Williams Elworth

Role SEVP, Chief Comm Banking Ofcr

Type	Security	Shares	Price	Value
Tax Withholding	Common Stock	2,799	$12.26	$34K

Holdings After Transaction: Common Stock — 20,605 shares (Direct, null)

Footnotes (1)

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Key Figures

Shares disposed for tax withholding: 2,799 shares Transaction price per share: $12.26 per share Shares held after transaction: 20,605 shares

3 metrics

Shares disposed for tax withholding 2,799 shares Common Stock, transaction code F

Transaction price per share $12.26 per share Tax-withholding disposition

Shares held after transaction 20,605 shares Direct ownership post-transaction

Key Terms

tax liability, vesting, previously granted award, tax-withholding disposition

4 terms

tax liability financial

"Shares disposed to satisfy the Reporting Person's tax liability incurred"

vesting financial

"tax liability incurred by the vesting of a previously granted award"

Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.

previously granted award financial

"incurred by the vesting of a previously granted award"

tax-withholding disposition financial

"transaction_action": "tax-withholding disposition""

A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

X

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Williams Elworth

(Last) (First) (Middle)

3200 WILSHIRE BLVD., STE. 1400

(Street)

LOS ANGELES CALIFORNIA 90010

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
HOPE BANCORP INC [ HOPE ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	SEVP, Chief Comm Banking Ofcr

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/16/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	04/16/2026		F		2,799(1)	D	$12.26	20,605	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Shares disposed to satisfy the Reporting Person's tax liability incurred by the vesting of a previously granted award.

	/s/Claire Hur as attorney-in-fact for Elworth Williams	04/20/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did HOPE (HOPE) report for Elworth Williams?

HOPE Bancorp reported that executive Elworth Williams had 2,799 shares of common stock disposed to cover taxes from a vesting equity award. This was a tax-withholding event, not an open-market sale, and followed the vesting of a previously granted award.

Was the HOPE (HOPE) Form 4 transaction an open-market sale?

No, the Form 4 shows a tax-withholding disposition, not an open-market sale. Shares were delivered to satisfy Elworth Williams’ tax liability arising from the vesting of a previously granted award, according to the filing’s transaction code and accompanying footnote.

How many HOPE (HOPE) shares were used for tax withholding?

The filing shows that 2,799 shares of HOPE Bancorp common stock were disposed at $12.26 per share. These shares were delivered to satisfy the executive’s tax liability triggered by the vesting of an earlier equity award, as described in the footnote.

How many HOPE (HOPE) shares does Elworth Williams hold after the transaction?

After the tax-withholding disposition, Elworth Williams directly holds 20,605 shares of HOPE Bancorp common stock. This post-transaction balance reflects his remaining equity position following the delivery of 2,799 shares to satisfy the associated tax liability.

What does transaction code F mean on the HOPE (HOPE) Form 4?

Transaction code F indicates shares were used to pay an exercise price or tax liability. In this HOPE Bancorp filing, 2,799 shares were disposed specifically to satisfy Elworth Williams’ tax obligation from the vesting of a previously granted equity award, per the footnote.