East West Bancorp (EWBC) CEO Dominic Ng sells 30,000 shares, keeps large stake
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
East West Bancorp Inc. director and CEO Dominic Ng sold a total of 30,000 shares of common stock in open-market transactions. On May 6, 2026, he sold 28,312 shares at a weighted average price of about $125.34 per share and 1,688 shares at a weighted average price of about $124.76 per share.
After these sales, Ng directly holds 736,242 shares of East West Bancorp common stock and indirectly holds 7,776 shares through a 401 (k) Plan, indicating he remains a significant shareholder despite the net reduction in his position.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 30,000 shares ($3,759,221)
Net Sell
3 txns
Insider
NG DOMINIC
Role
Chief Executive Officer
Sold
30,000 shs ($3.76M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 1,688 | $124.76 | $211K |
| Sale | Common Stock | 28,312 | $125.34 | $3.55M |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 736,242 shares (Direct, null);
Common Stock — 7,776 shares (Indirect, 401 (k) Plan)
Footnotes (1)
- A total of 1,688 shares were sold at a weighted average price of $124.7613 per share. A total of 28,312 shares were sold at a weighted average price of $125.3408 per share.
Key Figures
Shares sold: 30,000 shares
Block sale size: 28,312 shares
Additional sale size: 1,688 shares
+4 more
7 metrics
Shares sold
30,000 shares
Total common stock sold on May 6, 2026
Block sale size
28,312 shares
Common stock sold at about $125.34 weighted average
Additional sale size
1,688 shares
Common stock sold at about $124.76 weighted average
Direct holdings after sale
736,242 shares
Common stock directly owned following May 6, 2026 transactions
Indirect 401(k) holdings
7,776 shares
Common stock held through a 401 (k) Plan after transactions
Sale price main block
$125.3408 per share
Weighted average price for 28,312-share sale
Sale price smaller block
$124.7613 per share
Weighted average price for 1,688-share sale
Key Terms
open-market sale, weighted average price, 401 (k) Plan, non-derivative
4 terms
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
weighted average price financial
"A total of 1,688 shares were sold at a weighted average price of $124.7613 per share."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
401 (k) Plan financial
"nature_of_ownership": "401 (k) Plan""
non-derivative financial
"transaction_type": "non-derivative""
FAQ
What insider transaction did EWBC CEO Dominic Ng report on this Form 4?
Dominic Ng reported selling 30,000 shares of East West Bancorp common stock. The sales occurred on May 6, 2026 in open-market transactions, reflecting a reduction in his direct holdings while he continues to retain a large remaining stake in the company.
Does this EWBC Form 4 show any option exercises or derivative transactions by Dominic Ng?
No, the filing does not report any option exercises or derivative transactions. All reported activity involves non-derivative common stock sales and one holding entry, with the derivative section showing no remaining option or other derivative positions for this reporting period.