TEO GARY 4

4 · EAST WEST BANCORP INC · Filed Mar 3, 2026

AI-generated summary of this filing

Updated Mar 3, 2026

East West Bancorp (EWBC) EVP Gary Teo Receives 9,450 Shares; 3,380 Withheld

What Happened

Gary Teo, Executive Vice President of East West Bancorp (EWBC), received 9,450 shares on March 1, 2026 as the settlement of performance-based restricted stock units (PBRSUs).
To satisfy tax withholding on the vested award, 3,380 shares were withheld (disposed) at $109.45 per share, totaling $369,941. The award shares were reported as acquired at $0.00 because they are the settlement of previously granted PBRSUs.

Key Details

Transaction dates and prices:
- Acquisition (A): 9,450 shares granted/settled on 2026-03-01 at $0.00 (PBRSU settlement).
- Tax withholding (F): 3,380 shares withheld/disposed on 2026-03-01 at $109.45 per share; $369,941 withheld.
Shares owned after transaction: Not specified in the provided filing excerpt.
Notable footnotes:
- F1: These were PBRSUs granted on March 1, 2023 that vest after three years based on pre-established performance metrics. The PSU payout was 179.1% of the original grant, so more shares vested than originally awarded.
- F2: Shares were withheld to pay tax liability. Because March 1, 2026 was a Sunday, the withholding number was based on the issuer’s closing price on Feb 27, 2026.
Filing timeliness: No late filing indication in the provided data.

Context

This is not an open-market sale — the “disposition” here is a standard tax-withholding action tied to the settlement of performance-based RSUs (a cashless withholding). Such withholdings are routine and do not necessarily signal insider sentiment.

Form 4

Period: 2026-03-01

Executive Vice President

Transactions

Holdings

Footnotes (2)

[F1]Performance-Based Restricted Stock Units granted on March 1, 2023 fully vest in three years. Number of vested units depends on meeting pre-established performance criteria. As of March 1, 2026, 179.1% of the units granted on March 1, 2023 were earned and vested. On the settlement date, for each vested Performance-Based Restricted Stock Unit, the reporting person received one share of Common Stock.
[F2]Shares withheld for payment of tax liability in connection with the vesting of Performance-Based Restricted Stock Units. Since March 1, 2026 was a Sunday, the number of shares withheld was based on the closing price of the issuer's common stock on February 27, 2026.

Signature

/s/ Louisa Wang, as Attorney-in-fact|2026-03-03

1 file