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CATHAY GENERAL BANCORP·4

Apr 17, 6:39 PM ET

FERNANDEZ FELIX S 4

Research Summary

AI-generated summary

Updated

CATHAY (CATY) Director Felix S. Fernandez Receives 1,593 Shares

What Happened
Felix S. Fernandez, a director of Cathay General Bancorp (CATY), was granted 1,593 shares of common stock on 2026-04-15. The Form 4 shows the acquisition price as $0.00 (an award/grant), so the filing lists the transaction value as $0. The transaction is coded as an award/acquisition (A), not an open-market purchase or sale.

Key Details

  • Transaction date and price: 2026-04-15, 1,593 shares acquired at $0.00 per share (award).
  • Filing date: Form 4 filed on 2026-04-17 — appears timely (within the typical two-business-day reporting window).
  • Shares owned after transaction: Not specified in the provided filing.
  • Footnote: F1 — Grant of fully vested common stock of CATY (no vesting restrictions noted).
  • Transaction type: Award/compensation (code A), not a purchase (P) or sale (S).

Context
Grants of fully vested shares are typically part of director compensation and do not necessarily signal a personal purchase decision. Because these shares are fully vested, the director can sell or hold them immediately, but the grant itself is compensation rather than a market-directional trade.