East West Bancorp (EWBC) risk chief sells 500 shares, retains over 85K
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
East West Bancorp Chief Risk Officer Irene H. Oh reported an open-market sale of company stock. She sold 500 shares of common stock at a weighted average price of $132.50 per share. After this transaction, she directly owns 85,498 shares and indirectly holds 2,508 shares through a 401(k) plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 500 shares ($66,250)
Net Sell
2 txns
Insider
Oh Irene H
Role
Chief Risk Officer
Sold
500 shs ($66K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 500 | $132.50 | $66K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 85,498 shares (Direct, null);
Common Stock — 2,508 shares (Indirect, 401 (k) Plan)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 500 shares
Sale price: $132.50 per share
Direct holdings post-transaction: 85,498 shares
+2 more
5 metrics
Shares sold
500 shares
Open-market sale of common stock
Sale price
$132.50 per share
Weighted average sale price
Direct holdings post-transaction
85,498 shares
Common stock directly owned after sale
Indirect 401(k) holdings
2,508 shares
Common stock held via 401(k) Plan
Net share change
-500 shares
Net-buy/sell direction reported as net-sell
Key Terms
open-market sale, 401 (k) Plan, indirect ownership, Form 4
4 terms
open-market sale financial
"Sale in open market or private transaction"
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.
401 (k) Plan financial
"nature_of_ownership": "401 (k) Plan""
indirect ownership financial
"ownership_type": "indirect""
Form 4 regulatory
"INSIDER FILING DATA (Form 4)"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did East West Bancorp (EWBC) report for Irene H. Oh?
East West Bancorp reported that Chief Risk Officer Irene H. Oh executed an open-market sale of common stock. She sold 500 shares in a single transaction and continues to hold a substantial direct and indirect ownership position in the company after the sale.
What does the 401(k) Plan holding mean in the East West Bancorp (EWBC) Form 4?
The Form 4 shows a holding entry labeled as indirect ownership through a 401(k) Plan. This indicates 2,508 East West Bancorp shares are held on Irene H. Oh’s behalf within her retirement plan, separate from her directly held 85,498 shares.
What is the transaction code and description for the East West Bancorp (EWBC) insider sale?
The transaction uses code “S,” described as a sale in the open market or a private transaction. This code confirms the 500 East West Bancorp shares were disposed of in a standard sale rather than through options exercises, gifts, or tax-withholding events.