East West Bancorp (EWBC) COO reports RSU vesting and tax share withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
East West Bancorp Chief Operating Officer Parker Shi reported equity compensation activity involving company common stock. On March 1, 2026, Shi acquired 16,538 shares at no cost through the vesting of performance-based restricted stock units granted in 2023, which fully vest after three years if pre-established performance criteria are met.
As of March 1, 2026, 179.1% of the 2023 performance-based units were earned and vested, with one share of common stock delivered for each vested unit. In a related tax-withholding disposition, 6,857 shares were withheld at a price of $109.45 per share to cover tax liabilities tied to the vesting, leaving Shi with 24,648 directly owned shares after these transactions.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Shi Parker
Role
Chief Operating Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 16,538 | $0.00 | -- |
| Tax Withholding | Common Stock | 6,857 | $109.45 | $750K |
Holdings After Transaction:
Common Stock — 31,505 shares (Direct)
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.
FAQ
What insider transactions did East West Bancorp (EWBC) report for Parker Shi on March 1, 2026?
East West Bancorp reported that COO Parker Shi received 16,538 shares of common stock from vested performance-based restricted stock units, while 6,857 shares were withheld to cover tax liabilities. After these transactions, Shi directly owned 24,648 shares of East West Bancorp common stock.
How were Parker Shi’s performance-based restricted stock units at East West Bancorp (EWBC) structured?
Shi’s performance-based restricted stock units were granted on March 1, 2023 and fully vest in three years, depending on meeting pre-established performance criteria. As of March 1, 2026, 179.1% of the units were earned and vested, with each vested unit settling into one share of common stock.
What performance outcome was achieved for Parker Shi’s 2023 performance-based RSUs at East West Bancorp (EWBC)?
For the performance-based restricted stock units granted March 1, 2023, East West Bancorp determined that 179.1% of the units were earned and vested as of March 1, 2026. Each vested unit converted into one share of common stock delivered to Parker Shi upon settlement.