The K1 and K0 both used to do this "hiding the oil" bit, often in cold weather, and usually with 10w40 oil. "The check valve in the oil pump sticks open and slowly drains the tank into the crankcase". Honda never officially issued a bulletin about it, though.
In 1970, for a brief time, we were warranty-changing oil pumps on those models of 750, quite a few. The problem seemed to go away later, never saw it after 1970. I personally changed 3, the shop changed many more. At Spring Honda, only the Service Manager would do it, then talk quietly on the phone to someone at Honda. He never would tell me what the deal was...at Brown's, I changed all the (complaining) ones that came into the Pekin branch, as I was that Service Manager. There was a special form to fill out, and the bike had to have a "before this number" engine number to get it under warranty. I did 2 K0 bikes and one K1 that I remember.
If my old K2 sits for 3 months (winter), it drains almost 1/2 of the 3+ quarts down into the cases. that's why I'm a-fixin' to change out my pump. It's in the check valve, or in the little O-ring that mates to the bottom of the crankcase. Personally, I suspect the O-ring, because they shrink in cold, while a check valve typically gets stiffer....