Kim Lisa L. 4
Research Summary
AI-generated summary
East West Bancorp EVP Lisa L. Kim Receives Award, Withholds Shares
What Happened
Lisa L. Kim, Executive Vice President of East West Bancorp (EWBC), had 29 Time‑Based Restricted Stock Units (RSUs) vest on January 23, 2026. The filing shows 29 shares were acquired (reported at $0) on conversion/vesting and 12 of those shares were withheld to satisfy tax withholding obligations (disposed) at $111.35 per share for a cash value of $1,336.
Key Details
- Transaction dates: January 23, 2026 (vesting/conversion and tax withholding). Filing date: January 26, 2026 (timely).
- Reported transactions/codes: M = exercise/conversion of derivative for 29 shares (acquired); F = shares withheld for tax liability for 12 shares (disposed).
- Prices/values: Acquired 29 shares at $0 (vesting); 12 shares withheld at $111.35 = $1,336 withheld for taxes.
- Shares owned after the transaction: not disclosed in the provided filing details.
- Footnotes: RSUs were granted Jan 23, 2023 with full cliff vesting on Jan 23, 2026 under the issuer’s "Spirit of Ownership" program; the number of shares withheld was based on EWBC’s closing price on Jan 23, 2026.
Context
This was a routine vesting event (non‑cash RSU conversion) rather than an open‑market purchase or a deliberate sale for investment reasons. The withholding of shares to cover taxes is a common administrative action and does not by itself signal an insider buying or selling for market sentiment.
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