Cathay General Bancorp CFO Albert Wang Receives 4,012 RSUs; 1,294 Withheld

What Happened
Albert (Jen‑Wen) Wang, CFO of Cathay General Bancorp (CATY), had 4,012 restricted stock units (RSUs) vest on September 8, 2026 and converted into 4,012 shares. To satisfy tax withholding, 1,294 of those shares were withheld/disposed at a reported value of $61.86 per share, totaling about $80,047. Net shares delivered to Mr. Wang from the vesting were 2,718 shares (4,012 vested − 1,294 withheld).

Key Details

• Transaction date: September 8, 2026; Form 4 filed September 10, 2026 (appears timely).
• Vesting/conversion: 4,012 RSUs converted into 4,012 shares (transaction code M). Price reported $0.00 for conversion (common for RSU settlement).
• Tax withholding: 1,294 shares withheld (transaction code F) at $61.86 per share = $80,047 withheld.
• Net shares received: 2,718 shares (4,012 − 1,294).
• Shares owned after transaction: not specified in the provided excerpt of the filing.
• Footnotes: F1 clarifies each RSU represented a contingent right to one share; F2 notes the award of 4,012 RSUs was previously reported (Form 4 filed June 30, 2026) and all units vested on Sept 8, 2026.

Context
This was an RSU vesting and routine tax‑related withholding, not an open‑market purchase or voluntary sale. The conversion (M) and withholding (F) entries reflect standard settlement of equity awards and payment of tax liabilities via share withholding (a cashless-like method). Such withholdings are administrative and do not necessarily indicate the insider's view on the stock.