KRAUSE DOUGLAS PAUL 4

What Happened

• Douglas Paul Krause, Vice Chairman of East West Bancorp (EWBC), had time-based restricted stock units (RSUs) vest on January 23, 2026. The RSUs converted (M) into 29 shares (acquired) with a reported exercise/conversion price of $0.00. To cover tax withholding (F), 12 of those shares were withheld and reported as disposed at $111.35 per share, totaling $1,336.

Key Details

• Transaction date: January 23, 2026.
• Conversion (code M): 29 shares acquired at $0.00.
• Tax withholding (code F): 12 shares withheld/disposed at $111.35, total ~$1,336.
• Shares owned after the transaction: not disclosed in the provided filing excerpt.
• Footnotes: The shares were Time-Based RSUs granted Jan 23, 2023 with full cliff vesting on Jan 23, 2026 (Spirit of Ownership program). The number of shares withheld was based on the closing price on Jan 23, 2026.
• Filing date: January 26, 2026 — filed within the normal Form 4 reporting window (timely).

Context

• This was a vesting/conversion of RSUs, not an open-market purchase or discretionary sale. The withholding of 12 shares to cover tax liabilities is a common, routine outcome of RSU vesting (a cashless tax withholding). Such transactions typically reflect compensation vesting rather than a directional insider trade.