Cathay General Bancorp filings document the reporting, governance, and capital actions of a bank holding company for Cathay Bank. Form 8-K reports record operating results and financial-condition updates, Regulation FD materials for earnings presentations, common-stock repurchase programs, and officer or director changes.
Proxy filings cover annual-meeting matters, board structure, executive compensation, equity-award disclosures, shareholder voting items, and related governance information. The filing record also connects Cathay Bank's commercial banking, deposit, lending, fee-income, and wealth management activities with public-company disclosures about financial condition and capital structure.
Cathay General Bancorp (CATY) has disclosed an insider equity award via Form 4. On 06/27/2025, President, Chief Executive Officer and Director Chang Liu received three tranches of performance-based Restricted Stock Units (RSUs): 10,633; 10,948; and 21,896 units, for a total of 43,477 RSUs. Each unit represents the contingent right to receive one common share when vested.
The award carries the following key terms: (i) the number of shares ultimately delivered may range from 0% to 150% of the stated target, depending on achievement of specified performance criteria; (ii) all units are scheduled to vest in a single installment on 31 December 2027, subject to continued employment, with accelerated vesting possible upon death, disability, qualifying retirement after 31 December 2026, or a change in control. No cash consideration was paid, and no sale of shares occurred.
Following the grant, Liu’s direct ownership stands at 113,643 common shares plus the newly granted 43,477 RSUs, underscoring a meaningful equity stake intended to align management incentives with long-term shareholder value. From a capital-structure perspective, potential dilution from the award is approximately 0.05%* of the company’s 86 million shares outstanding (based solely on the units reported). The filing does not include any new financial or operational data.
*Dilution estimate uses latest outstanding share count from prior filings; actual impact may differ.