EWBC EVP reports stock award and tax share withholding
East West Bancorp Executive Vice President Gary Teo reported equity compensation activity in common stock.
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Rhea-AI Filing Summary
East West Bancorp Executive Vice President Gary Teo reported equity compensation activity in common stock. He received a grant/award of 9,450 shares at $0 per share as performance-based restricted stock units vested, and 3,380 shares were disposed of to cover tax withholding at $109.45 per share. Following these transactions, he directly owns 11,322 common shares, plus 445 shares held indirectly through a 401(k) plan.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 9,450 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 3,380 | $109.45 | $370K |
| Holding | Common Stock | -- | -- | -- |
Footnotes (2)
- F1. 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.
- F2. 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.
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What insider transactions did EWBC executive Gary Teo report on March 1, 2026?
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