East West Bancorp (EWBC) vice chair nets stock from RSU vesting, tax withholding

Rhea-AI Filing Summary

East West Bancorp Inc. Vice Chairman Douglas Paul Krause reported a mix of equity compensation and related tax withholding in common stock on March 1, 2026. He acquired 20,081 shares of common stock at $0.00 per share through a grant/award tied to performance-based restricted stock units granted on March 1, 2023. These units fully vest in three years, and as of March 1, 2026, 179.1% of the original units were earned and vested, with one share delivered for each vested unit.

To cover tax liabilities from this vesting, 8,624 shares of common stock were disposed of at $109.45 per share through a tax-withholding transaction, with the price based on the February 27, 2026 closing price because March 1 was a Sunday. Following these transactions, Krause directly owned 56,974 shares of common stock and indirectly held 28,018 shares through a 401(k) Plan.

Insights

Banking equity compensation analyst

Routine equity award vesting with tax withholding; no clear thesis change.

Vice Chairman Douglas Paul Krause received 20,081 shares of East West Bancorp common stock from the vesting of performance-based restricted stock units granted on March 1, 2023. The award vested based on pre-established performance criteria, with 179.1% of the original units earned as of March 1, 2026.

To satisfy tax obligations from this vesting, 8,624 shares were disposed of at $109.45 per share through a tax-withholding transaction, priced using the February 27, 2026 closing price. Such withholding is a common, non-cash decision mechanism rather than an open-market sale.

After these changes, Krause held 56,974 shares directly and 28,018 shares indirectly via a 401(k) Plan. These movements reflect standard executive compensation mechanics, so the overall impact on an informed investment view of EWBC appears limited based on the disclosed figures.

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
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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^*

KRAUSE DOUGLAS PAUL

(Last) (First) (Middle)

EAST WEST BANCORP, INC.

135 N. LOS ROBLES AVE. 7TH FLOOR

(Street)

PASADENA CA 91101

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
EAST WEST BANCORP INC [ EWBC ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Vice Chairman

3. Date of Earliest Transaction (Month/Day/Year)
03/01/2026

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

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

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

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	03/01/2026		A		20,081	A	$0(1)	65,598	D
Common Stock	03/01/2026		F		8,624(2)	D	$109.45	56,974	D
Common Stock								28,018	I	401 (k) Plan

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

Explanation of Responses:

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.

2. 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.

Remarks:

	/s/ Louisa Wang, as Attorney-in-fact	03/03/2026
	** 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.

FAQ

What did EWBC Vice Chairman Douglas Paul Krause report in this Form 4?

Douglas Paul Krause reported vesting of performance-based restricted stock units, acquiring 20,081 EWBC common shares, and a related tax-withholding disposition of 8,624 shares at $109.45 per share. These changes updated his direct and indirect ownership in East West Bancorp stock.

How many East West Bancorp (EWBC) shares did Douglas Krause acquire?

Douglas Krause acquired 20,081 EWBC common shares at $0.00 per share through a grant/award tied to performance-based restricted stock units. Each vested unit converted into one share of common stock upon settlement, based on meeting pre-established performance criteria over three years.

Why were 8,624 EWBC shares disposed of in Douglas Krause’s Form 4?

The 8,624 EWBC shares were withheld to pay tax liabilities arising from the vesting of performance-based restricted stock units. The withholding price of $109.45 per share used the February 27, 2026 closing price, because the actual vesting date, March 1, 2026, fell on a Sunday.

What are Douglas Krause’s EWBC share holdings after these transactions?

After the reported transactions, Douglas Krause directly owned 56,974 EWBC common shares and indirectly held 28,018 shares through a 401(k) Plan. These figures reflect the net result of the award settlement and the tax-withholding share disposition on March 1, 2026.

How were the performance-based RSUs structured for East West Bancorp’s Vice Chairman?

The performance-based restricted stock units were granted March 1, 2023 and fully vest over three years. As of March 1, 2026, 179.1% of the granted units were earned and vested, with each vested unit settled in one EWBC common share delivered to Douglas Krause.