{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-25-071362","form_type":"8-K","ticker":null,"cik":"0001447051","company_name":"Territorial Bancorp Inc.","filed_at":"2025-04-02T23:59:59+00:00","discovered_at":"2026-05-14T18:02:48.323173+00:00","generated_at":"2026-05-23T23:26:13.905261+00:00","sec_items":["2.01","3.01","3.03","5.01","5.02","5.03","9.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Hope Bancorp completes acquisition of Territorial Bancorp; Territorial shareholders get 0.8048 Hope shares per share","bullets":["Merger closed April 2, 2025; Territorial shareholders receive 0.8048 Hope shares per share.","Territorial Bancorp ceases to exist; all directors and officers resign effective upon closing.","Territorial common stock to be delisted from NASDAQ and deregistered under Exchange Act.","Hope Bancorp is the surviving entity; Territorial's charter and bylaws terminated."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-25-071362","json":"https://secwatch.observer/filing/0001193125-25-071362.json","markdown":"https://secwatch.observer/filing/0001193125-25-071362.md","text":"https://secwatch.observer/filing/0001193125-25-071362.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1447051/000119312525071362/0001193125-25-071362-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1447051/000119312525071362/d932149d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-23T23:26:13.905261+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"7a967bed163fa5530b98d9e286e392400d2eda64","claim":"Territorial Bancorp Inc. underwent a change of control involving Hope Bancorp, Inc. for 0.8048 shares of Hope Common Stock per share of Territorial Common Stock, plus cash in lieu of fractional shares (closed 2025-04-02).","evidence_excerpt":"☐ Introductory Note This Current Report on Form 8-K is being filed in connection with the closing of the transactions contemplated by that certain Agreement and Plan of Merger, dated April 26, 2024 (the “Merger Agreement”), by and between Hope Bancorp, Inc., a Delaware corporation (“Hope Bancorp”), and Territorial Bancorp Inc.","evidence_source":"SEC 8-K Item 2.01/5.01","evidence_url":"https://www.sec.gov/Archives/edgar/data/1447051/000119312525071362/0001193125-25-071362-index.htm","confidence":0.99,"family_label":"M&A Transactions","details":[{"label":"Action","value":"change of control"},{"label":"Counterparty","value":"Hope Bancorp, Inc."},{"label":"Consideration","value":"0.8048 shares of Hope Common Stock per share of Territorial Common Stock, plus cash in lieu of fractional shares"},{"label":"Closing","value":"2025-04-02"}],"fact_type":"ma_transaction"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}