Form 4: East West Bancorp Director Molly Campbell Sells 1,500 Shares
SEC Form 4 Filing
Director Molly Campbell sold 1,500 shares of East West Bancorp (EWBC) at an average price of $98.65 on October 29, 2024.
Summary
- On October 29, 2024, Molly Campbell, a director of East West Bancorp Inc. (EWBC), sold 1,500 shares of common stock.
- The sale was executed at a weighted average price of $98.6486 per share.
- Following the transaction, Campbell directly owns 10,639 shares of East West Bancorp.
- The transaction was reported on October 30, 2024.
Sentiment
Score: 5
Explanation: The document is a standard SEC Form 4 filing, indicating a routine transaction. The sentiment is neutral as it simply reports the sale of shares by a director.
Industry Context
Form 4 filings are a routine part of regulatory compliance for corporate insiders and provide transparency into their transactions in the company's stock. The sale could be for personal financial management reasons and may not necessarily reflect a negative outlook on the company.
Stakeholder Impact
- The sale of shares by a director could have a minor impact on shareholder sentiment, but is unlikely to have a significant impact on other stakeholders.
Key Dates
| Date | Description |
|---|---|
| 10/29/2024 | Date of transaction: Molly Campbell sold 1,500 shares of East West Bancorp. |
| 10/30/2024 | Date of report filing. |
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