East West Bancorp (EWBC) risk chief nets stock from vested performance units
Rhea-AI Filing Summary
East West Bancorp Chief Risk Officer Irene H. Oh reported equity compensation activity involving company common stock. On March 1, 2026, she acquired 20,081 shares of common stock at $0.00 per share through a grant/award acquisition, tied to performance-based restricted stock units granted on March 1, 2023. Footnotes state that as of March 1, 2026, 179.1% of those 2023 units were earned and vested, with one share delivered for each vested unit.
On the same date, 8,603 shares were disposed of at $109.45 per share as a tax-withholding disposition to cover tax liabilities from the vesting of these performance-based units, based on the February 27, 2026 closing price because March 1 fell on a Sunday. After these transactions, she directly owned 97,209 common shares, and indirectly held 2,492 shares through a 401(k) plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 20,081 | $0.00 | -- |
| Tax Withholding | Common Stock | 8,603 | $109.45 | $942K |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- Performance-Based Restricted Stock Units granted on March 1, 2023 fully vest in three years. Number of vested units depends on meeting pre-established performance criteria. As of March 1, 2026, 179.1% of the units granted on March 1, 2023 were earned and vested. On the settlement date, for each vested Performance-Based Restricted Stock Unit, the reporting person received one share of Common Stock. Shares withheld for payment of tax liability in connection with the vesting of Performance-Based Restricted Stock Units. Since March 1, 2026 was a Sunday, the number of shares withheld was based on the closing price of the issuer's common stock on February 27, 2026.