Babej Peter 4

What Happened Peter Babej, a director of East West Bancorp, reported an acquisition (award) of 1,156 shares on 2026-05-18. The Form 4 lists the acquisition price as $0.00 (code A — grant/award); the filing was submitted on 2026-05-21. The award represents director compensation rather than an open-market purchase.

Key Details

• Transaction date: 2026-05-18; reported on Form 4 filed 2026-05-21.
• Transaction type/code: Award/Acquisition (A); reported price $0.00.
• Shares involved: 1,156 shares granted.
• Shares owned after transaction: Not disclosed in the filing.
• Footnote: “Represents shares of common stock which the Reporting Person is entitled to receive annually pursuant to the compensation program in effect for non-employee directors.”
• Timeliness: Filing was submitted three calendar days after the transaction (one business day beyond the typical two-business-day Form 4 deadline).

Context This was a routine director compensation award, common for non-employee board members. Such grants are not the same as an insider purchase (which can be viewed as a bullish signal) or a sale (which may signal personal liquidity needs); they mainly reflect standard pay practices for directors.