Form 4: East West Bancorp Chief Risk Officer Reports Stock Transactions
SEC Form 4 Filing
Irene H. Oh, Chief Risk Officer of East West Bancorp, reports the vesting of restricted stock units and subsequent tax withholding.
Summary
- On February 1, 2025, Irene H. Oh, Chief Risk Officer of East West Bancorp, had Time-Based Restricted Stock Units vest.
- These units were granted on February 1, 2022, and vested fully after three years.
- A total of 23 shares of common stock were acquired upon vesting.
- Additionally, 10 shares were withheld to cover tax liabilities related to the vesting.
- The price used for tax withholding was $102.97 per share, based on the closing price on January 31, 2025, as February 1, 2025, was a Saturday.
- Following these transactions, Oh directly owns 117,206 shares of East West Bancorp common stock and indirectly owns 2,416 shares through a 401(k) plan.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing related to executive compensation, with no inherent positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives and directors.
Key Dates
| Date | Description |
|---|---|
| 02/01/2022 | Time-Based Restricted Stock Units granted. |
| 01/31/2025 | Closing price of EWBC common stock used for tax withholding calculation ($102.97). |
| 02/01/2025 | Time-Based Restricted Stock Units vested; 23 shares acquired, 10 shares withheld for taxes. |
| 02/05/2025 | Date of Form 4 filing. |
Keywords
Form 4, East West Bancorp, EWBC, Irene H. Oh, Chief Risk Officer, Restricted Stock Units, Stock Vesting, Beneficial Ownership, Tax Withholding
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