FERNANDEZ FELIX S 4
4 · CATHAY GENERAL BANCORP · Filed Feb 10, 2026
Research Summary
AI-generated summary of this filing
Cathay (CATY) Director Felix S. Fernandez Sells 8,972 Shares
What Happened
Felix S. Fernandez, a director of Cathay General Bancorp (CATY), reported the sale of 8,972 shares on January 29, 2026. The filing lists a weighted-average sale price of $50.54, generating proceeds of approximately $453,445. The transaction is described in the Form 4 as an "open market or private sale" (code S).
Key Details
- Transaction date: 2026-01-29
- Reported filing date: 2026-02-10 (appears to be filed 12 days after the trade; Form 4s are normally due within 2 business days)
- Price: weighted-average $50.54 (range reported in footnote: $50.41–$50.61; reporting person can provide breakdown on request)
- Shares sold: 8,972; proceeds ≈ $453,445
- Shares owned after transaction: not specified in the provided filing details — see the Form 4 for post-transaction beneficial ownership
- Footnote: F1 notes the reported price is a weighted average; sales occurred at prices from $50.41 to $50.61
Context
Director sales can be routine (diversification, liquidity, or other personal reasons) and do not by themselves indicate company performance. Purchases are typically more informative about insider conviction. The later filing date here may be worth noting to investors monitoring timeliness of insider reports.
Insider Transaction Report
- Sale
Common Stock
[F1]2026-01-29$50.54/sh−8,972$453,445→ 14,960 total(indirect: By Trust)
- 0
Common Stock
Footnotes (1)
- [F1]The price reported in Column 4 is a weighted-average price. These shares were sold in multiple transactions at prices ranging from $50.41 to $50.61, inclusive. The reporting person undertakes to provide to Cathay General Bancorp ("Cathay"), any security holder of Cathay, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.