Deskus Archana 4
Research Summary
AI-generated summary
East West Bancorp (EWBC) Director Archana Deskus Sells Shares
What Happened
- Archana Deskus, a director of East West Bancorp (EWBC), sold 1,800 shares in an open-market transaction on April 30, 2026. The shares were disposed at a weighted average price of $125.5528 per share, for total proceeds of $225,990. The Form 4 reports this as a sale (code S).
Key Details
- Transaction date: 2026-04-30 (open-market sale, code S)
- Price and amount: 1,800 shares at $125.5528 weighted average; proceeds $225,990 (see footnote F1)
- Shares owned after transaction: Not specified in the filing
- Footnote: F1 notes the 1,800 shares were sold at a weighted average price of $125.5528 per share
- Filing timeliness: Form filed with period ending 2026-04-30 and accession filed 2026-04-30 — no late filing indicated
Context
- This was a sale, which is often routine (liquidity, diversification, tax planning) and does not necessarily indicate management sentiment about the company. The filing contains no indication this was a 10% owner transaction or an option exercise.