STOCK TITAN

East West Bancorp (EWBC) EVP reports stock award and tax withholding

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
4

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.

Positive

  • None.

Negative

  • None.
Insider TEO GARY
Role Executive Vice President
Type Security Shares Price Value
Grant/Award Common Stock 9,450 $0.00 --
Tax Withholding Common Stock 3,380 $109.45 $370K
holding Common Stock -- -- --
Holdings After Transaction: Common Stock — 14,702 shares (Direct); Common Stock — 445 shares (Indirect, 401 (k) Plan)
Footnotes (1)
  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.
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)
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 9,450 A $0(1) 14,702 D
Common Stock 03/01/2026 F 3,380(2) D $109.45 11,322 D
Common Stock 445 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 insider transactions did EWBC executive Gary Teo report on March 1, 2026?

Gary Teo reported equity compensation-related transactions in EWBC common stock. He acquired 9,450 shares through vesting of performance-based restricted stock units and disposed of 3,380 shares to satisfy tax withholding obligations tied to that vesting.

Were Gary Teo’s EWBC share disposals open-market sales?

No, the reported disposal of 3,380 EWBC shares was for tax withholding. Shares were withheld to cover tax liability upon vesting of performance-based restricted stock units, rather than being sold in a discretionary open-market transaction.

How many EWBC shares does Gary Teo own after these Form 4 transactions?

After the reported transactions, Gary Teo directly owns 11,322 EWBC common shares. In addition, 445 shares are held indirectly through a 401(k) plan, reflecting his total reported holdings following the vesting and tax-withholding events.

What triggered the 9,450-share grant to EWBC executive Gary Teo?

The 9,450-share grant reflects performance-based restricted stock units granted on March 1, 2023 that fully vested after three years. Footnotes state 179.1% of the original units were earned and vested based on pre-established performance criteria as of March 1, 2026.

How was the EWBC tax-withholding share price determined for Gary Teo’s award?

For the 3,380 EWBC shares withheld for tax, the price used was $109.45 per share. Because March 1, 2026 was a Sunday, the amount was based on the issuer’s February 27, 2026 closing stock price.