Form 4: East West Bancorp Director Estrada Reports Gift of Shares to Custodial Account
SEC Form 4 Filing
Director Rudolph Estrada of East West Bancorp reports a gift of common stock to a custodial account for a grandchild and a bona fide gift to another custodial account.
Summary
- On September 3, 2024, Rudolph Estrada, a director of East West Bancorp, reported a transaction involving the company's common stock.
- Estrada made a bona fide gift of 125 shares of common stock to a custodial account.
- Estrada also gifted 125 shares of common stock to a custodial account for a grandchild.
- Following these transactions, Estrada directly owns 18,219 shares and indirectly owns 852 shares through a custodial account.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing a gift of shares, which is neutral in sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.
Key Dates
| Date | Description |
|---|---|
| 09/03/2024 | Date of the stock gift transaction |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.