Oh Irene H 4
Research Summary
AI-generated summary
East West Bancorp (EWBC) Chief Risk Officer Irene Oh Receives Award
What Happened
Irene H. Oh, Chief Risk Officer of East West Bancorp (EWBC), had 29 time‑based restricted stock units convert into 29 shares on January 23, 2026. Of those, 12 shares were withheld to satisfy her tax withholding obligation at a withholding price of $111.35 per share (totaling about $1,336).
Key Details
- Transaction date: January 23, 2026. Filing date: January 26, 2026 (filed within the required window).
- Transactions reported: conversion/vesting of RSUs (reported under derivative code M) — 29 shares acquired @ $0.00; 12 shares withheld/disposed for taxes (code F) @ $111.35 = $1,336.
- Shares owned after transaction: not specified in the provided filing details.
- Footnotes: These were Time‑Based Restricted Stock Units granted Jan 23, 2023 with a three‑year cliff vest on Jan 23, 2026 (Issuer’s Spirit of Ownership program). Shares were withheld to cover tax liability based on the closing price on Jan 23, 2026.
Context
This was a routine vesting of RSUs rather than an open‑market buy or sale. The withholding of 12 shares to cover taxes functions like a cashless sell of a portion of the award to satisfy tax obligations and does not necessarily indicate a change in insider sentiment.