Chan May K. 4

What Happened
Chan May K., Senior Vice President and General Counsel of Cathay General Bancorp (CATY), sold 558.172 shares in an open-market transaction on April 28, 2026. The shares were sold at $56.00 per share for a total transaction value of $31,258. This was a sale (not a purchase or award), which is often routine insider liquidity rather than an explicit signal of company prospects.

Key Details

• Transaction date: 2026-04-28 (reported on Form 4 filed 2026-04-29)
• Transaction type/code: Open-market sale (S)
• Shares sold: 558.172 at $56.00 per share; proceeds = $31,258
• Shares owned after transaction: Not reported on this Form 4
• Footnote: F1 notes 26.332 shares were acquired through dividend reinvestment year-to-date
• Filing timeliness: Report appears filed the next day (no late filing indicated)

Context: Sales by executives can be for many personal reasons (diversification, taxes, etc.) and do not necessarily indicate a change in view about the company. This transaction is a straightforward open-market sale; no options exercise, gift, or 10b5-1 plan is reported in the provided details.