EWBC (EWBC) EVP Gary Teo logs RSU vesting and small tax share withholding

Rhea-AI Filing Summary

East West Bancorp Executive Vice President Gary Teo reported routine equity compensation activity involving company common stock. On January 23, 2026, Teo acquired 29 shares of East West Bancorp common stock at $0 per share through the vesting of time-based restricted stock units granted on January 23, 2023 under the Spirit of Ownership stock program.

On the same date, 12 shares were withheld at a price of $111.35 per share to cover tax liabilities related to this vesting. Following these transactions, Teo directly beneficially owned 12,252 common shares, and indirectly held an additional 436 shares through a 401(k) plan. The filing reflects compensation vesting and associated tax withholding rather than an open-market purchase or sale.

Insider Trade Summary

3 transactions reported

Mixed 3 txns

Insider TEO GARY

Role Executive Vice President

Type	Security	Shares	Price	Value
Exercise	Common Stock	29	$0.00	--
Tax Withholding	Common Stock	12	$111.35	$1K
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 12,264 shares (Direct); Common Stock — 436 shares (Indirect, 401 (k) Plan)

Footnotes (1)

1. Time-Based Restricted Stock Units granted on January 23, 2023, with full cliff vesting in three years on January 23, 2026, pursuant to the Issuer's Spirit of Ownership stock program. Shares withheld for payment of tax liability in connection with the vesting of Time-Based Restricted Stock Units pursuant to the Issuer's Spirit of Ownership stock program. The number of shares withheld was based on the closing price of the Issuer's common stock on January 23, 2026.

Form 4 Insider Transactions: What Each Field Means →

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
Estimated average burden
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^*

TEO GARY

(Last) (First) (Middle)

C/O EAST WEST BANCORP, INC.

135 N. LOS ROBLES AVE 7TH FLR

(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)
	Executive Vice President

3. Date of Earliest Transaction (Month/Day/Year)
01/23/2026

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	01/23/2026		M		29	A	$0(1)	12,264	D
Common Stock	01/23/2026		F		12(2)	D	$111.35	12,252	D
Common Stock								436	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. Time-Based Restricted Stock Units granted on January 23, 2023, with full cliff vesting in three years on January 23, 2026, pursuant to the Issuer's Spirit of Ownership stock program.

2. Shares withheld for payment of tax liability in connection with the vesting of Time-Based Restricted Stock Units pursuant to the Issuer's Spirit of Ownership stock program. The number of shares withheld was based on the closing price of the Issuer's common stock on January 23, 2026.

Remarks:

	/s/ Louisa Wang, as Attorney-in-fact	01/27/2026
	** 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 insider activity did EWBC Executive Vice President Gary Teo report?

On January 23, 2026, Executive Vice President Gary Teo reported the vesting of 29 shares of East West Bancorp (EWBC) common stock from time-based restricted stock units, with related tax share withholding.

How many EWBC shares did Gary Teo acquire and at what price?

Teo acquired 29 shares of EWBC common stock at $0 per share, reflecting the vesting of time-based restricted stock units under the company’s Spirit of Ownership stock program.

How many EWBC shares were withheld for taxes from Gary Teo’s RSU vesting?

12 shares of East West Bancorp common stock were withheld to satisfy tax liabilities, based on a share price of $111.35 on January 23, 2026.

What is Gary Teo’s EWBC share ownership after these transactions?

After the reported transactions, Gary Teo beneficially owned 12,252 EWBC common shares directly and 436 shares indirectly through a 401(k) plan.

What are the terms of the RSUs involved in Gary Teo’s EWBC Form 4?

The time-based restricted stock units were granted on January 23, 2023 and were scheduled to fully vest in a three-year cliff on January 23, 2026 under EWBC’s Spirit of Ownership stock program.

Was Gary Teo’s EWBC Form 4 transaction an open-market sale or purchase?

No. The filing describes equity award vesting and tax withholding related to restricted stock units, not an open-market purchase or discretionary sale of EWBC shares.