Cathay Gnl Bncp SEC Filings

Jane H. Jelenko, a director of Cathay General Bancorp (CATY), reported changes in her beneficial ownership on Form 4. On 09/10/2025 she disposed of 1,037 shares of Cathay common stock under code G(1), which the filing explains was a charitable contribution to a donor advised fund. The filing also notes that on 06/02/2025 1,913 shares were transferred from direct ownership into the Jelenko-Norris Survivors Trust without consideration, changing those shares to indirect ownership. After the reported disposal, the filing shows 12,988 shares beneficially owned indirectly by trusts associated with the reporting person. The Form 4 was signed by an attorney-in-fact on behalf of the reporting person.

Cathay General Bancorp (CATY) insider sale notice: The filer reports a proposed sale of 1,000 common shares via Charles Schwab with an aggregate market value of $60,550. The shares were acquired on 05/28/2024 as a restricted stock award and the payment type is listed as equity compensation. The approximate sale date is 09/03/2025 on Nasdaq. No other sales in the past three months are reported.

Cathay General Bancorp reported net income of $77.5 million for the quarter and $147.0 million for the six months ended June 30, 2025, delivering higher quarterly earnings versus the prior-year quarter when net income was $66.8 million. Quarterly diluted earnings per share were $1.10, up from $0.92 a year earlier. Net interest income before provision totaled $181.2 million for the quarter, and after a provision for credit losses of $11.2 million net interest income was $170.0 million.

The balance sheet shows $23.7 billion in total assets and $19.8 billion of loans, with deposits of $20.0 billion. Cash, cash equivalents and short-term investments increased to $1.25 billion. The allowance for loan losses rose to $173.5 million and recorded non-accrual loans were $174.2 million. Securities available-for-sale had a fair value of $1.65 billion with aggregate unrealized losses concentrated in mortgage-backed securities.

Cathay General Bancorp (CATY) – Insider Form 4 filing

On 06/27/2025, May K. Chan, Senior Vice President & General Counsel, reported the grant of 1,204 Restricted Stock Units (RSUs) under transaction code “A” (award). Each RSU converts into one share of common stock upon vesting and was granted at no cost to the insider. The award is scheduled to vest in full on 06/27/2028, or earlier upon death, disability, retirement, or a change in control.

Following the grant, Chan holds 3,181 directly owned common shares (including 43.069 shares acquired through dividend reinvestment year-to-date) and 1,204 derivative RSUs. There were no open-market purchases or sales disclosed in this filing.

The transaction represents routine equity compensation and does not meaningfully alter insider ownership or share count. Investors typically view such grants as standard incentive alignment rather than a directional signal.

Cathay General Bancorp (CATY) – Form 4 insider filing dated 07/01/2025 reports transactions by Thomas M. Lo, Executive Vice President & Chief Administrative Officer.

• Non-derivative transaction: Lo disposed of 4,000 common shares (code “D”). No price was disclosed in the filing.
• Derivative transaction: Lo was granted 2,518 Restricted Stock Units (RSUs) on 06/27/2025 (code “A”). Each RSU converts into one common share upon vesting.
• Vesting schedule: The RSUs are scheduled to fully vest on 06/27/2028, or sooner upon death, disability, retirement, or a change in control.
• Ownership form: All reported securities are held directly by the insider.
• The filing was signed by attorney-in-fact Georgia Lo on 07/01/2025.

The combination of a moderate share sale and a routine equity award suggests normal executive compensation activity rather than a significant directional signal. Investors may nonetheless monitor subsequent filings for additional sales or changes in ownership levels.

Form 4 filing for Cathay General Bancorp (CATY) discloses that EVP & Chief Credit Officer Albert Sun received new equity awards on 06/27/2025. Three tranches of performance-based restricted stock units (RSUs) were granted—1,924, 1,981 and 3,963 units—totaling 7,868 RSUs. No open-market purchases or sales of common stock were reported, and the non-derivative table shows zero shares disposed.

The RSUs convert 1-for-1 into common shares and are scheduled to vest in a single installment on 12/31/2027, subject to continued employment, with earlier accelerated vesting possible upon death, disability, qualifying retirement after 12/31/2026 or a change in control. Payout can range from 0% to 150% of target based on performance metrics, aligning executive incentives with shareholder returns.

Investment view: The award modestly increases potential share count (<1% of outstanding shares) and signals ongoing retention of a key risk executive. Because no shares were sold, the filing is generally neutral-to-positive for sentiment but not financially material.

Form 4 filing overview: EVP & CFO Heng W. Chen of Cathay General Bancorp (CATY) reported equity-based compensation granted on 06/27/2025. Chen already owns 191,040 CATY common shares directly and 100 shares indirectly through a family trust. The new grants consist of three tranches of performance-based Restricted Stock Units (RSUs): 3,339; 3,437; and 6,875 units, for a total target award of 13,651 RSUs.

Each RSU converts to one common share upon vesting, with potential payout ranging from 0 % to 150 % of target depending on performance. All units are scheduled to vest in a single installment on 12/31/2027, subject to continued employment, with accelerated vesting possible upon death, disability, certain retirements after 12/31/2026, or a change in control.

The filing shows no open-market purchase or sale; it solely discloses an equity award under the company’s incentive plan. Following the grant, Chen’s beneficial ownership could rise to as much as 204,691 shares (direct holdings plus maximum payout of new RSUs), strengthening management-shareholder alignment. Given CATY’s ~74 million shares outstanding, the potential dilution is de minimis (<0.03 %).