NG DOMINIC 4
Research Summary
AI-generated summary
East West Bancorp (EWBC) CEO Dominic Ng Sells 50,000 Shares
What Happened
- Dominic Ng, President and CEO of East West Bancorp (EWBC), sold a total of 50,000 shares in two open-market transactions on February 4, 2026, for proceeds of about $5.89 million.
- The first sale was 28,328 shares at a weighted average price of $117.6229 per share for $3,331,939 (footnote F1). The second was 21,672 shares at a weighted average price of $118.0650 per share for $2,558,813 (footnote F2). Both transactions are coded as S (sale).
Key Details
- Transaction date: 2026-02-04 (both sales)
- Prices and amounts: 28,328 @ $117.6229 ($3,331,939); 21,672 @ $118.0650 ($2,558,813) — total ~50,000 shares / $5,890,752
- Shares owned after transaction: Not disclosed in the provided filing
- Footnotes: F1 and F2 confirm the weighted average prices for each block; no 10b5-1 plan, tax-withholding, or other special conditions were noted in the provided information
- Filing timeliness: Filing date matches the transaction date provided; no late filing flag indicated
Context
- These were open-market sales (code S). Sales by executives can be routine (liquidity, diversification, tax planning) and do not by themselves indicate a change in company outlook. There is no indication in the supplied filing of an option exercise, gift, or 10b5-1 plan associated with these transactions.