East West Bancorp vice chair sells 10,000 shares
East West Bancorp Vice Chairman Douglas Paul Krause reported an open-market sale of 10,000 shares of Common Stock at $123.50 per share.
Rhea-AI Filing Summary
East West Bancorp Vice Chairman Douglas Paul Krause reported an open-market sale of 10,000 shares of Common Stock at $123.50 per share. After this sale, he holds 46,974 shares directly. A separate entry shows 28,204 shares held indirectly through a 401(k) plan as of the same date, indicating he retains a substantial overall stake in the company following the transaction.
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Insights
Vice Chairman executes a moderate open-market share sale while keeping a sizable stake.
The filing shows Vice Chairman Douglas Paul Krause completed an open-market sale of 10,000 shares of East West Bancorp Common Stock at $123.50 per share. This is a straightforward discretionary sale, not tied to option exercises or derivatives, and there is no indication of a related trading plan in the excerpt.
Following the sale, Krause still directly owns 46,974 shares and has an additional 28,204 shares held indirectly via a 401(k) plan. The visible position therefore remains significant relative to the shares sold. The transaction modestly reduces his exposure but does not, on its own, imply a major shift in his overall commitment.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 10,000 | $123.50 | $1.24M |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- F1. A total of 10,000 shares were sold at a weighted average price of $123.5001 per share.
Key Figures
Key Terms
open-market sale financial
Common Stock financial
401 (k) Plan financial
weighted average price financial
FAQ
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