CATY insider: 1,037-share donation; 1,913 shares moved to survivors trust

Rhea-AI Filing Summary

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.

Positive

• Transparent disclosure of a charitable contribution (1,037 shares) using transaction code G(1)
• Clear documentation of an intra-family transfer (1,913 shares) to a survivors trust without consideration
• Reporting person identified as a director, and form is signed by attorney-in-fact, meeting filing formalities

Negative

• Direct holdings decreased by 1,037 shares due to the charitable disposition
• Change in ownership form (direct to indirect) for 1,913 shares could reduce visible direct stake for investors

Insights

Securities/Equity Analyst

TL;DR: Routine insider disclosure: a charitable donation and an intra-family trust transfer reduced direct holdings but left material indirect holdings intact.

The Form 4 documents two non-derivative adjustments to the reporting person’s stake in CATY. The 1,037-share disposition under code G(1) is explicitly described as a charitable contribution to a donor advised fund, which is a common non-trading reason for share disposals and typically not market-driven. Separately, 1,913 shares were reclassified from direct to indirect ownership by transfer to a survivors trust without consideration, which changes legal ownership form but does not represent an economic sale. Combined, these entries show a reduction in direct holdings but continued substantial indirect ownership (12,988 shares reported after the transactions). For investors, the filing is a compliance disclosure rather than evidence of a change in sentiment about the company.

Corporate Governance Expert

TL;DR: Proper and timely Section 16 reporting of personal charitable giving and estate-planning transfer; governance implications are routine.

The report appears complete for the transactions disclosed: it identifies the reporting person’s role as a director, specifies transaction dates, uses the correct transaction code (G(1)) for the charitable gift, and documents the intra-family trust transfer with a date and explanatory note. The signature by an attorney-in-fact is provided. These entries reflect standard personal financial actions and estate planning rather than corporate actions, and the filing supports transparency required under Section 16.

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

OMB Number:			3235-0287
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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^*

Jelenko Jane H

(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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
09/10/2025

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								2,116	I	Jelenko-Norris Marital Trust
Common Stock	09/10/2025		G(1)		1,037	D	$0	12,988(2)	I	Jelenko-Norris Survivors Trust
Common Stock								0(2)	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

Explanation of Responses:

1. The reporting person made a charitable contribution to a donor advised fund.

2. On June 2, 2025, 1,913 shares of common stock of Cathay General Bancorp were transferred from direct ownership to Jelenko-Norris Survivors Trust as indirect ownership, without the payment of any consideration.

	/s/ Georgia Lo, attorney-in-fact	09/22/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What transactions did Jane H. Jelenko report on Form 4 for CATY?

The filing reports a disposition of 1,037 shares on 09/10/2025 (charitable contribution) and a transfer of 1,913 shares on 06/02/2025 from direct ownership to the Jelenko-Norris Survivors Trust.

Was the 1,037-share disposition a sale for cash?

No; the filing states the 1,037-share disposition was a charitable contribution to a donor advised fund (transaction code G(1)).

How many shares does the filing show as beneficially owned after these transactions?

The filing shows 12,988 shares beneficially owned indirectly following the reported transactions.

Does the transfer of 1,913 shares represent a sale?

No; the filing explains the 1,913-share movement on 06/02/2025 was a transfer from direct ownership to the Jelenko-Norris Survivors Trust without consideration.

Who signed the Form 4?

The Form 4 was signed by /s/ Georgia Lo, attorney-in-fact on 09/22/2025.