Form 4: East West Bancorp Director Sussman Donates 200 Shares to Charity
SEC Form 4 Filing
Director Lester Sussman of East West Bancorp Inc. reports a charitable donation of 200 shares of common stock.
Summary
- On July 30, 2024, Lester Sussman, a director of East West Bancorp Inc., donated 200 shares of common stock to a charity.
- The transaction resulted in Sussman's direct ownership decreasing by 200 shares.
- Following the transaction, Sussman directly owns 24,573 shares of East West Bancorp Inc. common stock.
Sentiment
Score: 5
Explanation: The document is a neutral report of a charitable donation. It doesn't inherently indicate positive or negative sentiment regarding the company's performance or future prospects.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. Charitable donations are not uncommon and are typically viewed neutrally by the market.
Key Dates
| Date | Description |
|---|---|
| 07/30/2024 | Date of charitable donation of common stock. |
| 07/31/2024 | Date of signature on the Form 4 filing. |
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