East West Bancorp Insider Sale: Gary Teo Disposes of 6,550 EWBC Shares
Rhea-AI Filing Summary
Gary Teo, Executive Vice President of East West Bancorp, Inc. (EWBC), reported two open-market sales on 08/27/2025. He sold 4,588 shares at a weighted average price of $106.2286 and 1,962 shares at a weighted average price of $107.0251. After those transactions his reported direct beneficial ownership is shown as 14,197 shares following the first sale and 12,235 shares following the second sale. The filing also reports indirect holdings of 423 shares via a 401(k) plan. The Form 4 was signed by an attorney-in-fact on 08/28/2025.
Positive
- Transparent disclosure of transaction dates, share counts, and weighted-average prices for both sales
- Post-transaction beneficial ownership amounts and indirect 401(k) holdings are reported
Negative
- Reduction in direct ownership of the reporting person by a total of 6,550 shares
- No stated reason for the sales is provided in the filing
Insights
TL;DR: Routine open-market sales by an executive totaling 6,550 shares; disclosure provides clear pricing and post-sale holdings.
The transactions reported are explicit open-market disposals executed on 08/27/2025 with weighted average prices provided for each block. The combined sale of 6,550 shares is a measurable reduction in the reporting person's direct holdings but the filing does not disclose reasons for the sales or any change to compensation or control. For investors, the filing documents transparent execution details and the remaining direct and indirect ownership positions.
TL;DR: Form 4 shows compliant insider reporting of two sales and records continued indirect retirement-plan ownership.
The report identifies the reporting person as an Executive Vice President and lists both transactions as sales with precise weighted-average prices, plus a small indirect 401(k) holding. This is a routine Section 16 disclosure and, based on the content, does not indicate unusual governance events or changes in control. The presence of an attorney-in-fact signature is noted but routine for Form 4 execution.