Cathay General EVP granted new performance RSUs

SUN ALBERT reported acquisition or exercise transactions in this Form 4 filing.

Rhea-AI Filing Summary

SUN ALBERT reported acquisition or exercise transactions in this Form 4 filing.

CATHAY GENERAL BANCORP executive vice president and chief credit officer Albert Sun reported new equity compensation awards rather than any open-market trading. The filing shows three grants of restricted stock units (RSUs) tied to the company’s common stock in amounts of 3,102, 1,551 and 1,646 units.

Each RSU represents a contingent right to receive one share of common stock. The actual number earned can range from 0% to 150% of the target award based on performance criteria. These RSUs are scheduled to vest in a single installment on December 31, 2028, subject to continued employment, with potential earlier vesting in limited cases such as death, disability, qualifying retirement, or change in control.

Insider Trade Summary

Grant/Award: 6,299 shares

Grant/Award 4 txns

Insider SUN ALBERT

Role EVP, Chief Credit Officer

Type	Security	Shares	Price	Value
Grant/Award	Restricted Stock Units	1,646	$0.00	$0.00
Grant/Award	Restricted Stock Units	1,551	$0.00	$0.00
Grant/Award	Restricted Stock Units	3,102	$0.00	$0.00
holding	Common Stock	--	--	--

Holdings After Transaction: Restricted Stock Units — 6,299 contracts (Direct); Common Stock — 0 shares (Direct)

Footnotes (2)

1. F1. Each restricted stock unit represented a contingent right to receive one share of Common Stock upon vesting. The number of restricted stock units that are earned can be reduced by up to 100% of the target award or increased by up to 150% of the target award, depending upon the achievement of certain performance criteria.
2. F2. These restricted stock units are scheduled to vest in a single installment on December 31, 2028, subject to continued employment, but may vest to some extent earlier in the event of death, disability, retirement after December 31, 2027 or a change in control, with the number of units earned being based on the achievement of certain performance criteria.

Key Figures

RSU grant 1: 3,102 units RSU grant 2: 1,551 units RSU grant 3: 1,646 units +3 more

6 metrics

RSU grant 1 3,102 units Restricted stock units tied to common stock

RSU grant 2 1,551 units Restricted stock units tied to common stock

RSU grant 3 1,646 units Restricted stock units tied to common stock

Vesting date December 31, 2028 Scheduled single-installment vesting of RSUs

Performance range 0% to 150% of target Range of units earned based on performance criteria

Common stock held 0 shares Direct common stock holdings following transactions

Key Terms

Restricted Stock Units, performance criteria, change in control, contingent right

4 terms

Restricted Stock Units financial

"Each restricted stock unit represented a contingent right to receive one share of Common Stock"

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

performance criteria financial

"depending upon the achievement of certain performance criteria"

change in control financial

"or a change in control, with the number of units earned being based"

A "change in control" occurs when the ownership or management of a company shifts significantly, such as through a merger, acquisition, or sale of a large part of its assets. This change can impact how the company is run and may influence its future direction. For investors, it matters because it can affect the company's stability, strategy, and value, often signaling potential changes in investment risk or opportunity.

contingent right financial

"Each restricted stock unit represented a contingent right to receive one share"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider equity awards did CATY executive Albert Sun report on this Form 4?

Albert Sun reported three restricted stock unit (RSU) grants tied to Cathay General Bancorp common stock: awards covering 3,102, 1,551, and 1,646 units. Each unit represents a contingent right to receive one share, subject to vesting and performance conditions.

Are Albert Sun’s CATY Form 4 transactions open-market stock purchases or sales?

The Form 4 shows equity compensation grants, not open-market trades. All reported entries are restricted stock unit awards with a grant code indicating a grant, award, or other acquisition, rather than purchases or sales on the stock market.

How do the CATY restricted stock units reported by Albert Sun vest?

The restricted stock units are scheduled to vest in a single installment on December 31, 2028, subject to continued employment. They may vest earlier to some extent upon death, disability, qualifying retirement after December 31, 2027, or a change in control, based on performance.

What performance criteria affect Albert Sun’s CATY restricted stock unit awards?

Each restricted stock unit award is performance-based. The number of units ultimately earned can be reduced by up to 100% of the target or increased to 150% of the target, depending on the achievement of specified performance criteria described in the award terms.

What does each restricted stock unit granted to Albert Sun at CATY represent?

Each restricted stock unit represents a contingent right to receive one share of Cathay General Bancorp common stock upon vesting. Actual delivery depends on both vesting conditions and the company’s performance relative to specified criteria over the award period.

Does Albert Sun’s CATY Form 4 show any remaining common stock holdings after these grants?

The Form 4 indicates zero shares of common stock directly owned following the reported transactions, while showing the newly granted restricted stock units. These RSUs provide potential future common stock, subject to vesting and performance conditions being met.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 06/30/2026 - 07:20 PM Learn about SEC filing dates

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
Estimated average burden
hours per response:			0.5

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^*

SUN ALBERT

(Last) (First) (Middle)

777 NORTH BROADWAY

(Street)

LOS ANGELES CALIFORNIA 90012

(City) (State) (Zip)

UNITED STATES

(Country)

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)
	EVP, Chief Credit Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/26/2026

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

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

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

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								0	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	(1)	06/26/2026		A		1,646(1)		(2)	(2)	Common Stock	1,646	(1)	1,646	D
Restricted Stock Units	(1)	06/26/2026		A		1,551(1)		(2)	(2)	Common Stock	1,551	(1)	1,551	D
Restricted Stock Units	(1)	06/26/2026		A		3,102(1)		(2)	(2)	Common Stock	3,102	(1)	3,102	D

Explanation of Responses:

1. Each restricted stock unit represented a contingent right to receive one share of Common Stock upon vesting. The number of restricted stock units that are earned can be reduced by up to 100% of the target award or increased by up to 150% of the target award, depending upon the achievement of certain performance criteria.

2. These restricted stock units are scheduled to vest in a single installment on December 31, 2028, subject to continued employment, but may vest to some extent earlier in the event of death, disability, retirement after December 31, 2027 or a change in control, with the number of units earned being based on the achievement of certain performance criteria.

	/s/ Georgia Lo, attorney-in-fact	06/30/2026
	** 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.
* Form 4: SEC 1474 (03-26)