Cathay General director sells 30,000 shares
Cathay General Bancorp director Richard Sun reported indirect open‑market sales totaling 30,000 shares of common stock on July 29–31, 2026, through the Sun Trust and JKLM Limited Partnership.
Rhea-AI Filing Summary
Cathay General Bancorp director Richard Sun reported indirect open‑market sales totaling 30,000 shares of common stock on July 29–31, 2026, through the Sun Trust and JKLM Limited Partnership. Reported prices are weighted averages based on multiple trades, with sale ranges between $62.40 and $63.42 per share. A footnote also records that on June 30, 2026, 1,593 shares were transferred from direct ownership to the Sun Trust without consideration. Sun continues to report indirect holdings through various family trusts, partnerships and a spouse account, plus 1,000 shares held directly.
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Insights
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Insider Trade Summary
Net Seller: 30,000 shares
Net Sell
10 txns
Insider
Sun Richard
Role
Director
Sold
30,000 shs ($1.89M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F5 | 5,000 | $62.4251 | $312K |
| Sale | Common Stock F4 | 5,000 | $63.3118 | $317K |
| Sale | Common Stock F2 | 10,000 | $63.3343 | $633K |
| Sale | Common Stock F3, F1 | 10,000 | $63.2899 | $633K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock F1 | -- | -- | -- |
Holdings After Transaction:
Common Stock — 6,340 shares (Indirect, By Sun Trust);
Common Stock — 2,315 shares (Indirect, By JKLM Limited Partnership);
Common Stock — 4,200 shares (Indirect, By Ivy Sun
Separate Trust);
Common Stock — 1,800 shares (Indirect, by Lin-Chih Corporation);
Common Stock — 5,800 shares (Indirect, by RIS Family Limited Partnership);
Common Stock — 1,100 shares (Indirect, By spouse);
Common Stock — 1,600 shares (Indirect, by Michael Sun Trust);
Common Stock — 1,000 shares (Direct)
Footnotes (5)
- F1. On June 30, 2026, 1,593 shares of common stock of Cathay General Bancorp were transferred from direct ownership to the Sun Trust as indirect ownership, without the payment of any consideration.
- F2. The price reported in Column 4 is a weighted-average price. These shares were sold in multiple transactions at prices ranging from $63.27 to $63.42, inclusive. The reporting person undertakes to provide to Cathay General Bancorp ("Cathay"), any security holder of Cathay, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- F3. The price reported in Column 4 is a weighted-average price. These shares were sold in multiple transactions at prices ranging from $63.23 to $63.39, inclusive. The reporting person undertakes to provide to Cathay General Bancorp ("Cathay"), any security holder of Cathay, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- F4. The price reported in Column 4 is a weighted-average price. These shares were sold in multiple transactions at prices ranging from $63.31 to $63.33, inclusive. The reporting person undertakes to provide to Cathay General Bancorp ("Cathay"), any security holder of Cathay, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- F5. The price reported in Column 4 is a weighted-average price. These shares were sold in multiple transactions at prices ranging from $62.40 to $62.47, inclusive. The reporting person undertakes to provide to Cathay General Bancorp ("Cathay"), any security holder of Cathay, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
Key Figures
Total shares sold: 30,000 shares
Sale on 2026-07-29 (JKLM Limited Partnership): 10,000 shares at $63.3343 per share
Sale on 2026-07-29 (Sun Trust): 10,000 shares at $63.2899 per share
+5 more
8 metrics
Total shares sold
30,000 shares
Aggregate common stock sales reported for July 29–31, 2026
Sale on 2026-07-29 (JKLM Limited Partnership)
10,000 shares at $63.3343 per share
Weighted-average price; trades ranged from $63.27 to $63.42
Sale on 2026-07-29 (Sun Trust)
10,000 shares at $63.2899 per share
Weighted-average price; trades ranged from $63.23 to $63.39
Sale on 2026-07-30 (Sun Trust)
5,000 shares at $63.3118 per share
Weighted-average price; trades ranged from $63.31 to $63.33
Sale on 2026-07-31 (JKLM Limited Partnership)
5,000 shares at $62.4251 per share
Weighted-average price; trades ranged from $62.40 to $62.47
Direct shares held
1,000 shares
Common stock held directly after reported transactions
Ivy Sun Separate Trust holding
4,200 shares
Indirect common stock holding via Ivy Sun Separate Trust
RIS Family Limited Partnership holding
5,800 shares
Indirect common stock holding via RIS Family Limited Partnership
Key Terms
weighted-average price, indirect ownership, Limited Partnership, Family Limited Partnership
4 terms
weighted-average price financial
"The price reported in Column 4 is a weighted-average price."
Weighted-average price is the average of multiple prices where each price is counted according to its size or importance—larger trades carry more weight than smaller ones, like averaging course grades by credit hours. It matters to investors because it gives a more realistic picture of the true price paid or received, helping assess trade execution, compare performance, calculate cost basis, and value positions more accurately than a simple average.
indirect ownership financial
"transferred from direct ownership to the Sun Trust as indirect ownership"
Limited Partnership financial
"By JKLM Limited Partnership"
A limited partnership is a legal business structure with two types of partners: at least one general partner who runs the business and bears full legal responsibility, and one or more limited partners who contribute money, share profits, and have liability capped at their investment. For investors, it matters because it separates control from financial exposure — like putting money into a store without managing it — and affects how returns, risks, taxes and transferability of ownership are handled.
Family Limited Partnership financial
"by RIS Family Limited Partnership"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did Richard Sun report for CATHAY GENERAL BANCORP (CATY)?
Richard Sun reported 30,000 CATY shares of common stock sold indirectly on July 29–31, 2026. The sales were executed through the Sun Trust and JKLM Limited Partnership at weighted-average prices derived from multiple trades in each day’s price range.
What direct and indirect CATY holdings does Richard Sun report after these transactions?
Post‑transactions, Sun reports 1,000 CATY shares held directly and additional indirect holdings, including 4,200 shares via the Ivy Sun Separate Trust and 5,800 shares via RIS Family Limited Partnership, along with smaller positions through other family entities and a spouse account.
Did Richard Sun’s CATY trades occur under a Rule 10b5-1 trading plan?
The Form 4’s Rule 10b5‑1 checkbox is not marked as plan-based, and the footnotes do not reference any trading plan. The filing therefore does not indicate that these CATY trades were executed pursuant to a Rule 10b5‑1 arrangement.
AI-generated analysis. How Rhea-AI works. Not financial advice.
