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[8-K] Hope Bancorp, Inc. Reports Material Event

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
8-K
Rhea-AI Filing Summary

Hope Bancorp announced that Steven S. Koh, Honorary Chairman and board member, will retire from the board effective December 1, 2025. The company thanked him for his service and stated his decision was not due to any disagreement with the company on operations, policies or practices.

The filing notes that after Mr. Koh's retirement the board is expected to be fixed at 10 directors and that a press release announcing the retirement was issued on August 29, 2025 and is attached as Exhibit 99.1.

Hope Bancorp ha annunciato che Steven S. Koh, presidente onorario e membro del consiglio, si ritirerà dal consiglio con effetto dal 1° dicembre 2025. L'azienda lo ha ringraziato per il suo servizio e ha precisato che la decisione non è dovuta a disaccordi su operazioni, politiche o prassi aziendali.

Il documento segnala inoltre che, dopo il ritiro di Koh, il consiglio dovrebbe rimanere composto da 10 amministratori e che un comunicato stampa che annuncia il ritiro è stato pubblicato il 29 agosto 2025 e viene allegato come Exhibit 99.1.

Hope Bancorp anunció que Steven S. Koh, presidente honorario y miembro del consejo, se retirará del consejo con efecto a partir del 1 de diciembre de 2025. La compañía le agradeció por su servicio y aseguró que la decisión no se debe a desacuerdos sobre operaciones, políticas o prácticas.

El documento señala además que, tras la jubilación del señor Koh, se espera que el consejo quede fijado en 10 directores y que se emitió un comunicado de prensa anunciando la jubilación el 29 de agosto de 2025, adjunto como Exhibit 99.1.

Hope BancorpëŠ� 명예 회장ì´ìž ì´ì‚¬ì˜€ë� 스티ë¸� S. ì½�( Steven S. Koh)ê°€ 2025ë…� 12ì›� 1ì¼ë¶€ë¡� ì´ì‚¬íšŒì—ì„� ì€í‡´í•œë‹¤ê³  발표했습니다. 회사ëŠ� ê·¸ì˜ ê³µë¡œì—� ê°ì‚¬ë¥� 표하ë©� ì´ë²ˆ ê²°ì •ì� ìš´ì˜, ì •ì±… ë˜ëŠ” 관행과 ê´€ë ¨ëœ ë¶ˆì¼ì¹� 때문ì� 아님ì� ë°í˜”습니ë‹�.

신고서ì—ëŠ� ì½� ì”¨ì˜ ì€í‡� ì´í›„ ì´ì‚¬íšŒëŠ” ì´ì‚¬ 10명으ë¡� ê³ ì •ë� 것으ë¡� 예ìƒë˜ë©°, ì€í‡´ë¥¼ 발표í•� ë³´ë„ìžë£Œê°€ 2025ë…� 8ì›� 29ì¼ì— 발행ë˜ì–´ Exhibit 99.1ë¡� 첨부ë˜ì—ˆìŒì´ 기재ë˜ì–´ 있습니다.

Hope Bancorp a annoncé que Steven S. Koh, président honoraire et membre du conseil, prendra sa retraite du conseil à compter du 1er décembre 2025. La société l'a remercié pour son service et a précisé que cette décision n'était pas liée à un désaccord concernant les opérations, les politiques ou les pratiques.

Le dossier indique également qu'après le départ de M. Koh, le conseil devrait être composé de 10 administrateurs et qu'un communiqué de presse annonçant la retraite a été publié le 29 août 2025 et est joint en tant qu'Exhibit 99.1.

Hope Bancorp gab bekannt, dass Steven S. Koh, Ehrenvorsitzender und Vorstandsmitglied, mit Wirkung zum 1. Dezember 2025 aus dem Vorstand ausscheiden wird. Das Unternehmen dankte ihm für seine Dienste und stellte klar, dass die Entscheidung nicht auf Meinungsverschiedenheiten über Betrieb, Richtlinien oder Vorgehensweisen zurückzuführen sei.

Die Meldung weist ferner darauf hin, dass der Vorstand nach Herrn Kohs Ausscheiden voraussichtlich auf 10 Direktoren festgelegt wird und dass eine Pressemitteilung zur Bekanntgabe des Rücktritts am 29. August 2025 herausgegeben und als Exhibit 99.1 beigefügt wurde.

Positive
  • Retirement is voluntary and explicitly stated to be not due to any disagreement with the company
  • Company issued a press release (Exhibit 99.1) to publicly announce the change
Negative
  • Board size expected to be fixed at 10 directors, indicating a reduction but no information provided on replacement
  • No details in the filing about succession planning, committee reassignment, or timing to fill any vacancy

Insights

TL;DR: Routine director retirement with no reported disagreements; board will be reduced to 10 members.

The filing describes a planned director retirement that the company frames as voluntary and not related to any dispute. For investors and governance observers, this is a routine succession event rather than a governance red flag because the company explicitly disclaims any disagreement. The expected reduction to a 10-member board is a structural change but the filing does not provide details on succession planning, committee impacts, or timing for filling any vacancy, limiting assessment of governance continuity.

TL;DR: Administrative disclosure of a board member's forthcoming retirement; press release attached.

The 8-K complies with disclosure norms by noting the retirement date, thanking the director, and stating no disagreement prompted the departure. It also cites a press release filed as Exhibit 99.1. Absent additional information on replacement or committee reassignments, the practical impact on board operations cannot be determined from this filing alone.

Hope Bancorp ha annunciato che Steven S. Koh, presidente onorario e membro del consiglio, si ritirerà dal consiglio con effetto dal 1° dicembre 2025. L'azienda lo ha ringraziato per il suo servizio e ha precisato che la decisione non è dovuta a disaccordi su operazioni, politiche o prassi aziendali.

Il documento segnala inoltre che, dopo il ritiro di Koh, il consiglio dovrebbe rimanere composto da 10 amministratori e che un comunicato stampa che annuncia il ritiro è stato pubblicato il 29 agosto 2025 e viene allegato come Exhibit 99.1.

Hope Bancorp anunció que Steven S. Koh, presidente honorario y miembro del consejo, se retirará del consejo con efecto a partir del 1 de diciembre de 2025. La compañía le agradeció por su servicio y aseguró que la decisión no se debe a desacuerdos sobre operaciones, políticas o prácticas.

El documento señala además que, tras la jubilación del señor Koh, se espera que el consejo quede fijado en 10 directores y que se emitió un comunicado de prensa anunciando la jubilación el 29 de agosto de 2025, adjunto como Exhibit 99.1.

Hope BancorpëŠ� 명예 회장ì´ìž ì´ì‚¬ì˜€ë� 스티ë¸� S. ì½�( Steven S. Koh)ê°€ 2025ë…� 12ì›� 1ì¼ë¶€ë¡� ì´ì‚¬íšŒì—ì„� ì€í‡´í•œë‹¤ê³  발표했습니다. 회사ëŠ� ê·¸ì˜ ê³µë¡œì—� ê°ì‚¬ë¥� 표하ë©� ì´ë²ˆ ê²°ì •ì� ìš´ì˜, ì •ì±… ë˜ëŠ” 관행과 ê´€ë ¨ëœ ë¶ˆì¼ì¹� 때문ì� 아님ì� ë°í˜”습니ë‹�.

신고서ì—ëŠ� ì½� ì”¨ì˜ ì€í‡� ì´í›„ ì´ì‚¬íšŒëŠ” ì´ì‚¬ 10명으ë¡� ê³ ì •ë� 것으ë¡� 예ìƒë˜ë©°, ì€í‡´ë¥¼ 발표í•� ë³´ë„ìžë£Œê°€ 2025ë…� 8ì›� 29ì¼ì— 발행ë˜ì–´ Exhibit 99.1ë¡� 첨부ë˜ì—ˆìŒì´ 기재ë˜ì–´ 있습니다.

Hope Bancorp a annoncé que Steven S. Koh, président honoraire et membre du conseil, prendra sa retraite du conseil à compter du 1er décembre 2025. La société l'a remercié pour son service et a précisé que cette décision n'était pas liée à un désaccord concernant les opérations, les politiques ou les pratiques.

Le dossier indique également qu'après le départ de M. Koh, le conseil devrait être composé de 10 administrateurs et qu'un communiqué de presse annonçant la retraite a été publié le 29 août 2025 et est joint en tant qu'Exhibit 99.1.

Hope Bancorp gab bekannt, dass Steven S. Koh, Ehrenvorsitzender und Vorstandsmitglied, mit Wirkung zum 1. Dezember 2025 aus dem Vorstand ausscheiden wird. Das Unternehmen dankte ihm für seine Dienste und stellte klar, dass die Entscheidung nicht auf Meinungsverschiedenheiten über Betrieb, Richtlinien oder Vorgehensweisen zurückzuführen sei.

Die Meldung weist ferner darauf hin, dass der Vorstand nach Herrn Kohs Ausscheiden voraussichtlich auf 10 Direktoren festgelegt wird und dass eine Pressemitteilung zur Bekanntgabe des Rücktritts am 29. August 2025 herausgegeben und als Exhibit 99.1 beigefügt wurde.

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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K

CURRENT REPORT
Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934

August 26, 2025
Date of Report (Date of earliest event reported)

HOPE BANCORP, INC.
(Exact name of registrant as specified in its charter)
Delaware000-5024595-4849715
(State of incorporation)(Commission File Number)(I.R.S. Employer Identification No.)

3200 Wilshire Boulevard, Suite 1400
Los Angeles, California 90010
(Address of principal executives offices, including zip code)

(213) 639-1700
(Registrant’s telephone number, including area code)


Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:
Common Stock,par value $0.001 per shareHOPENASDAQ Global Select Market
(Title of class)(Trading Symbol)(Name of exchange on which registered)

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.





Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

Steven S. Koh, the Honorary Chairman and a member of the board of directors of Hope Bancorp, Inc. (the “Company”), notified the Company that he will retire from the board of directors of the Company, effective December 1, 2025. The Company would like to thank him for his dedication and service. Mr. Koh’s decision to retire from the board of directors and not stand for re-election was not the result of any disagreement with the Company on any matter relating to the operations, policies or practices of the Company.

Following Mr. Koh’s retirement, it is expected that the Company’s board of directors will be fixed at 10 directors.


Item 7.01 Regulation FD Disclosure

On August 29, 2025, the Company issued a press release announcing Mr. Koh’s retirement. A copy of the press release is attached as Exhibit 99.1 to this Current Report on Form 8-K.

Information contained in this Item 7.01, including Exhibit 99.1, shall not be deemed “filed” for the purposes of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), nor shall such information be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.


Forward-Looking Statements

Some statements in this 8-K may constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements include, but are not limited to, statements preceded by, followed by or that include the words “will,” “believes,” “expects,” “anticipates,” “intends,” “plans,” “estimates” or similar expressions. With respect to any such forward-looking statements, Hope Bancorp claims the protection provided for in the Private Securities Litigation Reform Act of 1995. These statements involve risks and uncertainties. Hope Bancorp’s actual results, performance or achievements may differ significantly from the results, performance or achievements expressed or implied in any forward-looking statements. Hope Bancorp does not undertake, and specifically disclaims any obligation, to update any forward-looking statements to reflect the occurrence of events or circumstances after the date of such statements except as required by law.


Item 9.01 Financial Statements and Exhibits

(d) Exhibits
Exhibit No.Description
99.1
Press release, dated August 29, 2025
104
Cover Page Interactive Data File (embedded within the Inline XBRL document)




SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

HOPE BANCORP, INC.
Date: August 29, 2025By:/s/ Kevin S. Kim
Kevin S. Kim
Chairman, President and Chief Executive Officer



FAQ

What did Hope Bancorp (HOPE) disclose about Steven S. Koh's retirement?

The company disclosed that Steven S. Koh will retire from the board effective December 1, 2025 and that his decision was not the result of any disagreement with the company.

When was the retirement announced for HOPE's board member?

Hope Bancorp issued a press release announcing the retirement on August 29, 2025, which is attached as Exhibit 99.1 to the 8-K.

Will Hope Bancorp's board size change after the retirement?

Following Mr. Koh's retirement, the company expects the board to be fixed at 10 directors.

Did Hope Bancorp report any disagreement related to the retirement?

No. The filing states Mr. Koh's decision to retire and not stand for re-election was not the result of any disagreement with the company on operations, policies, or practices.

Is there information about who will replace Steven S. Koh on the board?

The filing does not provide any information about a replacement, succession plan, or committee reassignments.
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