Cathay General Bancorp SVP Granted 1.2K RSUs in Routine Filing

Rhea-AI Filing Summary

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.

Insights

Financial Analyst

TL;DR: Routine RSU grant; no buy/sell signal, negligible dilution.

The award of 1,204 RSUs to the SVP & General Counsel is normal executive compensation. No shares were sold, so there is no bearish intent. The stake remains small relative to CATY’s ~74 million shares outstanding, implying <0.002% potential dilution. Overall impact on valuation or sentiment is minimal.

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

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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^*

Chan May K.

(Last) (First) (Middle)

777 NORTH BROADWAY

(Street)

LOS ANGELES CA 90012

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
CATHAY GENERAL BANCORP [ CATY ]

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

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	SVP, General Counsel

3. Date of Earliest Transaction (Month/Day/Year)
06/27/2025

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

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

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

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								3,181(1)	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
Restricted Stock Units	(2)	06/27/2025		A		1,204		(3)	(3)	Common Stock	1,204	$0	1,204	D

Explanation of Responses:

1. Includes 43.069 shares acquired through dividend reinvestment year-to-date

2. Each restricted stock unit represented a contingent right to receive one share of Common Stock of the Issuer.

3. These restricted stock units are scheduled to fully vest on June 27, 2028, or earlier in the event of death, disability, retirement, or change in control.

	/s/ Georgia Lo, attorney-in-fact	07/01/2025
	** Signature of Reporting Person	Date
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