KRAUSE DOUGLAS PAUL 4
4 · EAST WEST BANCORP INC · Filed Mar 3, 2026
Research Summary
AI-generated summary of this filing
East West Bancorp (EWBC) Vice Chairman Douglas Krause Receives Award
What Happened
Douglas Paul Krause, Vice Chairman of East West Bancorp (EWBC), received 20,081 shares on March 1, 2026 as the settlement of vested performance-based restricted stock units (RSUs). Simultaneously, 8,624 shares were withheld and disposed to cover tax withholding at an effective price of $109.45 per share, resulting in approximately $943,897 in tax payments. The acquisition shares show a $0 acquisition price because they were issued on vesting.
Key Details
- Transaction dates: March 1, 2026 (reported on Form 4 filed March 3, 2026). Filing appears timely.
- Award: 20,081 shares acquired (code A) at $0.00 — settlement of vested performance-based RSUs.
- Tax withholding: 8,624 shares withheld/disposed (code F) at $109.45 = $943,897 withheld to satisfy tax obligations.
- Shares owned after transaction: Not specified in the filing.
- Notable footnotes:
- F1: These were performance-based RSUs granted March 1, 2023 that vest after three years; 179.1% of the original award was earned, and each vested unit converted to one share on settlement.
- F2: Shares were withheld to pay taxes; because March 1, 2026 was a Sunday, the withholding used the closing price from February 27, 2026.
Context
This was a vesting/settlement of performance RSUs, not an open-market purchase or an informed sale — the withheld shares simply satisfied tax withholding obligations (code F). Performance vesting at 179.1% means the payout exceeded the target number of units granted in 2023. Tax-withholding disposals are routine and do not necessarily signal insider buying or selling intent.
Insider Transaction Report
- Award
Common Stock
[F1]2026-03-01+20,081→ 65,598 total - Tax Payment
Common Stock
[F2]2026-03-01$109.45/sh−8,624$943,897→ 56,974 total
- 28,018(indirect: 401 (k) Plan)
Common Stock
Footnotes (2)
- [F1]Performance-Based Restricted Stock Units granted on March 1, 2023 fully vest in three years. Number of vested units depends on meeting pre-established performance criteria. As of March 1, 2026, 179.1% of the units granted on March 1, 2023 were earned and vested. On the settlement date, for each vested Performance-Based Restricted Stock Unit, the reporting person received one share of Common Stock.
- [F2]Shares withheld for payment of tax liability in connection with the vesting of Performance-Based Restricted Stock Units. Since March 1, 2026 was a Sunday, the number of shares withheld was based on the closing price of the issuer's common stock on February 27, 2026.