CATHAY GENERAL BANCORP 8-K

What Happened

• Cathay General Bancorp (filed 8-K on May 19, 2026) held its Annual Meeting of Stockholders on May 18, 2026. On the March 26, 2026 record date there were 66,972,039 shares outstanding and entitled to vote.
• Stockholders elected all four Class III director nominees to serve until the 2029 annual meeting and approved the advisory (non-binding) vote on executive compensation. The board will hold an advisory say-on-pay vote every year (next required frequency vote in 2032). Stockholders also ratified KPMG LLP as the Company’s independent registered public accounting firm for the 2026 fiscal year.
• Director election vote counts:
  • Nelson Chung — For: 45,005,156; Against: 3,563,774; Abstain: 72,897; Broker non-votes: 6,966,519
  • Felix S. Fernandez — For: 47,347,029; Against: 1,220,837; Abstain: 73,961; Broker non-votes: 6,966,519
  • Maan-Huei Hung — For: 45,199,034; Against: 3,378,692; Abstain: 64,101; Broker non-votes: 6,966,519
  • Richard Sun — For: 44,748,777; Against: 3,829,207; Abstain: 63,843; Broker non-votes: 6,966,519

Key Details

• Shares outstanding (record date): 66,972,039 (March 26, 2026).
• Say-on-pay (advisory): For 47,296,739; Against 1,061,747; Abstain 283,341; Broker non-votes 6,966,519.
• Frequency vote: "Every Year" received 44,241,623 votes (board adopted yearly advisory votes until next frequency vote in 2032).
• Auditor ratification: KPMG LLP ratified — For 54,781,568; Against 754,933; Abstain 71,845.

Why It Matters

• These results confirm the company’s board slate and show clear shareholder approval of the company’s executive compensation (advisory) and choice of auditor, which are governance items investors watch for continuity and oversight.
• The board’s decision to hold annual say-on-pay votes means shareholders will have a yearly advisory opportunity to review executive pay.
• There are no financial results or management changes reported in this filing; it is a governance update from the annual meeting.