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CATHAY GENERAL BANCORP·4

Jun 10, 8:06 PM ET

TANG ANTHONY M 4

Research Summary

AI-generated summary

Updated

Cathay General Bancorp (CATY) Vice Chairman Anthony Tang Sells 5,000 Shares

What Happened
Anthony M. Tang, Vice Chairman and Director of Cathay General Bancorp (CATY), sold 5,000 shares in an open-market transaction on June 9, 2026 at $59.92 per share, generating proceeds of approximately $299,600. This was a sale of existing shares (disposition), not a purchase or option exercise.

Key Details

  • Transaction date: 2026-06-09; reported (filed) with the SEC on 2026-06-10 (timely under Form 4 rules).
  • Price per share: $59.92; Shares sold: 5,000; Total proceeds: ~$299,600.
  • Transaction type: Sale (S) — listed as open market or private sale.
  • Shares owned after transaction: not specified in the provided filing excerpt.
  • Footnote: F1 notes 1,582.906 shares were acquired year-to-date via dividend reinvestment.
  • No 10b5-1 plan, tax withholding, gift, or option exercise was indicated in the provided details.

Context
Sales by officers can be routine (personal portfolio needs, tax planning, diversification) and do not, by themselves, indicate company outlook. Purchases typically draw more interest as potential bullish signals; this filing documents a routine disposition. The filing appears timely, so there’s no late-reporting concern in the provided record.