Shi Parker 4

What Happened

• Shi Parker, Chief Operating Officer of East West Bancorp (EWBC), had 29 time‑based restricted stock units convert to common shares on January 23, 2026 (transaction code M). The RSU conversion is shown at a $0.00 exercise price; using the closing price on Jan 23 ($111.35) those 29 shares were worth about $3,229.15. Twelve of the vested shares were withheld to cover taxes (code F) at $111.35 per share, totaling $1,336.20, leaving 17 net shares delivered.

Key Details

• Transaction date: January 23, 2026; Form 4 filed January 26, 2026 (timely — within the SEC 2‑business‑day rule).
• Acquired: 29 shares via exercise/conversion of derivative (M) at $0.00 (RSU vesting).
• Disposed/withheld for taxes: 12 shares (F) at $111.35, value $1,336.20.
• Net shares received: 17 shares (29 vested − 12 withheld).
• Shares owned after transaction: Not specified in the provided filing; filing shows net delivery of 17 shares.
• Footnotes: F1 — These were time‑based RSUs granted Jan 23, 2023 with a three‑year cliff vest on Jan 23, 2026 under the issuer’s Spirit of Ownership program. F2 — Shares were withheld to pay tax liability based on the closing price on Jan 23, 2026.

Context

• This was a standard vesting of previously granted RSUs, not an open‑market purchase or discretionary sale. The withholding of shares to satisfy tax obligations is routine and does not necessarily indicate a view on the stock. Transaction codes: M = exercise/conversion of derivative (here, RSU conversion); F = shares withheld for taxes.