NG DOMINIC 4
4 · EAST WEST BANCORP INC · Filed May 6, 2026
Research Summary
AI-generated summary of this filing
East West Bancorp CEO Dominic Ng Sells 30,000 Shares
What Happened
Dominic Ng, CEO of East West Bancorp (EWBC), sold 30,000 shares in an open-market transaction on May 5, 2026. The shares were sold at a weighted average price of $123.48533 (reported as $123.49), generating proceeds of approximately $3,704,700. This was a sale (transaction code S), which is typically routine insider selling and not, by itself, a clear signal about company prospects.
Key Details
- Transaction date: 2026-05-05 (reported on Form 4 filed 2026-05-06).
- Price: weighted average $123.48533 per share (rounded in the filing to $123.49).
- Shares sold: 30,000; total proceeds ≈ $3,704,700.
- Shares owned after transaction: Not specified in the provided summary — see the full SEC Form 4 for post-transaction beneficial ownership.
- Footnote: F1 confirms the 30,000 shares were sold at the weighted average price above.
- Timeliness: Filing appears timely (transaction on 2026-05-05, Form 4 filed 2026-05-06).
Context
Sales by executives can be for many personal reasons (diversification, taxes, liquidity) and do not necessarily reflect their view of the company. For retail investors, purchases tend to be more informative; this entry documents a routine open-market sale by the CEO. For full details including any related plans (e.g., 10b5-1) or post-sale holdings, consult the complete Form 4 filing (Accession: 0001201236-26-000010).
Insider Transaction Report
- Sale
Common Stock
[F1]2026-05-05$123.49/sh−30,000$3,704,700→ 737,930 total
- 7,776(indirect: 401 (k) Plan)
Common Stock
Footnotes (1)
- [F1]A total of 30,000 shares were sold at a weighted average price of $123.48533 per share.