NG DOMINIC 4

What Happened

• Dominic Ng, CEO of East West Bancorp (EWBC), received 106,305 shares on March 1, 2026 as the settlement of performance-based restricted stock units (PBRSUs). To cover tax withholding on the vesting, 51,341 shares were withheld/disposed at $109.45 per share, generating approximately $5,619,272. Net new shares retained from the vesting were 54,964 (106,305 received − 51,341 withheld). Transaction codes: A = award/acquisition; F = tax withholding.

Key Details

• Transaction date(s): March 1, 2026 (report filed 2026-03-03; Period of Report 2026-03-01).
• Prices/values: Withheld 51,341 shares at $109.45 = $5,619,272. Awarded 106,305 shares @ $0.00 (vested PBRSUs).
• Shares owned after transaction: Not specified in the provided filing.
• Footnotes: F1 — PBRSUs originally granted March 1, 2023 fully vested after three years; 179.1% of the original grant was earned, so 106,305 shares vested. F2 — Shares withheld for taxes; because March 1, 2026 was a Sunday, the withholding used the issuer’s Feb 27, 2026 closing price.
• Filing timeliness: No late filing indicated in the supplied data.

Context

• This was not an open-market sale for cash gain but routine settlement of performance-based equity and automatic share withholding to satisfy tax obligations. Vesting was above target (179.1% of the original grant), resulting in a larger-than-expected share issuance. For investors, awards and related tax-withholdings are administrative and reflect compensation outcomes rather than an executive selling shares on market conviction.