Form 4: East West Bancorp COO Parker Shi Reports Stock Transactions

Parker Shi, Chief Operating Officer of East West Bancorp, reports the acquisition and disposal of common stock related to vesting of restricted stock units.

Summary

• Parker Shi, the Chief Operating Officer of East West Bancorp, filed a Form 4 detailing changes in beneficial ownership.
• On February 1, 2025, Shi acquired 23 shares of common stock upon the vesting of time-based restricted stock units granted on February 1, 2022.
• Simultaneously, 10 shares were disposed of to cover tax liabilities associated with the vesting.
• The price per share for the tax withholding was $102.97, based on the closing price on January 31, 2025, as February 1, 2025, was a Saturday.
• Following these transactions, Shi directly owns 14,276 shares of East West Bancorp common stock.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing detailing stock transactions by an officer, with no inherent positive or negative sentiment.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates standard compensation practices involving stock-based compensation.

Key Dates

Keywords

Form 4, East West Bancorp, EWBC, Parker Shi, Chief Operating Officer, Stock, Restricted Stock Units, Beneficial Ownership, Vesting, Tax Withholding