NG DOMINIC 4

What Happened

• Dominic Ng, President & CEO of East West Bancorp (EWBC), had 29 time‑based restricted stock units (RSUs) convert to common shares on January 23, 2026 (reported on a Form 4). The conversion price was $0.00, resulting in 29 shares acquired.
• To cover tax withholding on the vested RSUs, 12 of those shares were surrendered/disposed at a withholding price of $111.35 per share, totaling $1,336. After withholding, 17 shares were issued to Mr. Ng from the vesting event.
• This was not an open‑market purchase or sale but the settlement of previously granted RSUs (routine compensation vesting).

Key Details

• Transaction date: January 23, 2026.
• Exercise/conversion (code M): 29 shares acquired at $0.00.
• Tax withholding (code F): 12 shares disposed @ $111.35 = $1,336 withheld.
• Shares owned after transaction: not specified in the filing.
• Footnotes: F1 — These were time‑based RSUs granted Jan 23, 2023 with full cliff vesting on Jan 23, 2026 under the issuer’s Spirit of Ownership program. F2 — The 12 shares were withheld to satisfy tax liability based on the closing price on Jan 23, 2026.
• Filing date: Form filed Jan 26, 2026 (covers the Jan 23 transaction).

Context

• This is a standard RSU vesting and tax‑withholding transaction, not an insider buying or selling shares in the open market. Such vesting events are compensation-related and commonly result in shares being withheld to satisfy payroll tax obligations.