Alvarez Manuel Pham 4

What Happened
Manuel Pham Alvarez, a director of East West Bancorp (EWBC), was granted 1,156 shares on 2026-05-18 as part of the non-employee director compensation program. The filing reports an acquisition at $0.00 per share (reported acquisition value $0), reflecting an equity award rather than a purchase.

Key Details

• Transaction date: 2026-05-18; Filing date (Form 4): 2026-05-21 (Accession: 0001903523-26-000002).
• Transaction type/code: Award/Grant (A). Price reported: $0.00 per share; total reported acquisition value: $0.
• Shares received: 1,156 common shares.
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Footnote: These shares "represent shares of common stock which the Reporting Person is entitled to receive annually pursuant to the compensation program in effect for non-employee directors."
• No tax-withholding, sale, or 10b5-1 plan noted in the provided data.

Context
Grants to non-employee directors are routine compensation for board service and are commonly awarded annually; they are not the same signal as an insider purchasing stock with personal funds. The reported $0 acquisition price reflects that the shares were granted, not bought; market value at grant date is not provided in this summary.