Chan May K. 4

What Happened

• May K. Chan, SVP and General Counsel of Cathay General Bancorp (CATY), received an award of 886 restricted stock units (RSUs) reported as a derivative acquisition on 2026-06-26. The filing lists an acquisition price of $0.00 (an award/compensation grant rather than a market purchase).
• These RSUs are contingent rights to receive common shares (one share per RSU) and will not convert into shares until they vest; the report does not list a cash value realized at grant.

Key Details

• Transaction date: 2026-06-26. Form 4 filed: 2026-06-30 (filed timely).
• Transaction type/code: A (award/grant) — 886 RSUs acquired at $0.00 (derivative).
• Footnotes:
  • F1: Includes 43.602 shares acquired through dividend reinvestment year-to-date.
  • F2: Each RSU represents a contingent right to one share of the issuer’s common stock.
  • F3: RSUs are scheduled to fully vest on June 26, 2029, or earlier upon death, disability, retirement, or change in control.
• Shares owned after transaction: not specified in the provided filing extract.

Context

• RSU grants are compensation awards, not open-market purchases; they represent future share delivery if vesting conditions are met and so are different from an outright buy or sale.
• The three-year vesting schedule means these shares are not immediately tradable; such awards are common for executives as retention/compensation. This report is informational and should not be taken alone as a signal of market sentiment.