Lo Thomas M. 4
4 · CATHAY GENERAL BANCORP · Filed Feb 2, 2026
Research Summary
AI-generated summary of this filing
Cathay General Bancorp (CATY) EVP Thomas M. Lo Sells 1,000 Shares
What Happened
Thomas M. Lo, EVP and Chief Administrative Officer of Cathay General Bancorp (CATY), sold 1,000 shares in an open-market disposal on 2026-01-29. The shares were sold at $50.23 per share for a total transaction value of $50,232. This was a sale (not a purchase), which is often routine insider selling and does not by itself indicate a change in company fundamentals.
Key Details
- Transaction date: 2026-01-29 (reported on Form 4 filed 2026-02-02; accession 0001437749-26-002690)
- Transaction type: Open-market sale (Code S)
- Shares sold: 1,000 at $50.23 per share; total proceeds $50,232
- Shares owned after transaction: Not specified in the details provided here (refer to the filed Form 4 for the "Amount Owned Following Reported Transaction" field)
- Footnotes/plan info: No 10b5-1 plan, tax withholding, or other footnotes were provided in the information you supplied — check the full filing for any additional notes
- Timeliness: Filing date is 2026-02-02 for a 2026-01-29 trade. Form 4s are generally due within two business days of the transaction; review the official filing for any late-filing notation.
Context
Insider sales are common for executives for diversification, personal liquidity, or tax reasons and do not by themselves signal negative news. Purchases tend to be more informative about an insider’s bullish conviction. For full context, check the Form 4 for total post-sale holdings and any notes (e.g., planned sale programs) before drawing conclusions.
Insider Transaction Report
- Sale
Common Stock
2026-01-29$50.23/sh−1,000$50,232→ 2,000 total