East West Bancorp Inc. filed SEC Form 8-K: Other Events, Financial Statements and Exhibits
$EWBC
Major Banks
Finance
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 OR 15(d) of
The Securities Exchange Act of 1934
Date of Report (Date of earliest event reported)
(Exact name of registrant as specified in its charter)
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(626 ) 768-6000
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Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
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Item 8.01. Other Events
On November 20, 2024, East West Bancorp, Inc. (the “Company”) announced that Dominic Ng, Chairman of the Board and Chief Executive Officer of the Company and East West Bank, entered into a pre-arranged stock trading plan in accordance with Rule 10b5-1 under the Securities Exchange Act of 1934, as amended (the “10b5-1 Plan”). The 10b5-1 Plan provides for the sale of up to 120,000 shares of the Company’s common stock. Trades under the 10b5-1 Plan may commence effective on March 6, 2025 and will terminate no later than December 19, 2025.
The 10b5-1 Plan was established during the Company’s unrestricted trading window and at a time when Mr. Ng was not in possession of material, non-public information about the Company. Trades under the 10b5-1 Plan will occur on the open market at prevailing market prices and subject to minimum price thresholds specified in the 10b5-1 Plan. Any transactions under the 10b5-1 Plan will be disclosed publicly through Form 144 and Form 4 filings with the Securities and Exchange Commission.
Except as may be required by law, the Company does not undertake to report Rule 10b5-1 plans that may be adopted by any officers or directors in the future, or to report any modifications or termination of any publicly announced trading plan.
Item 9.01. Financial Statements and Exhibits
(d) Exhibits
| 104 | Cover Page Interactive Data (formatted in Inline XBRL). | ||||
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Date: November 20, 2024 | |||||||||||
| EAST WEST BANCORP, INC. | |||||||||||
| By: | /s/ Douglas P. Krause | ||||||||||
| Douglas P. Krause, Esq. | |||||||||||
| Vice Chairmen and Chief Corporate Officer | |||||||||||