Albert Jen-Wen Wang, Executive Vice President and Chief Financial Officer of Cathay General Bancorp, filed a statement of changes in beneficial ownership on September 10, 2026, reporting the vesting of restricted stock units and a related share disposition on September 8, 2026.

Key Highlights

  • RSU Vesting: 4,012 restricted stock units vested on September 8, 2026, each representing a contingent right to receive one share of Cathay General Bancorp common stock.
  • Shares Withheld for Taxes: 1,294 shares were disposed of at $61.86 per share on September 8, 2026, under transaction code F.
  • Remaining Ownership: Following the transactions, Wang directly held 2,718 shares of common stock, according to the filing.
  • Original Award Date: The 4,012 restricted stock units were previously reported as awarded on a filing dated June 30, 2026.
  • Reporting Officer: Wang serves as EVP and Chief Financial Officer of Cathay General Bancorp, traded on NASDAQ:CATY.

CFO Share Activity at Cathay General Bancorp Following RSU Vesting

According to the filing, Albert Jen-Wen Wang acquired 4,012 shares of Cathay General Bancorp common stock on September 8, 2026, through the vesting of restricted stock units via transaction code M. The filing notes that the conversion price of the derivative security was $0, consistent with the nature of restricted stock units, which the filing describes as each representing "a contingent right to receive one share of Common Stock of the Issuer." The restricted stock units carried no exercise price and were fully vested on September 8, 2026.

Cathay General Bancorp is a bank holding company whose common stock is listed on NASDAQ:CATY. Following the vesting, the filing reports that 1,294 shares were simultaneously disposed of at a price of $61.86 per share under transaction code F, a code associated with shares withheld by the issuer for tax withholding purposes. After both transactions were recorded, Wang's direct beneficial ownership stood at 2,718 shares of common stock, as stated in the filing.

The filing was signed by Georgia Lo as attorney-in-fact on September 10, 2026. The restricted stock unit award underlying this transaction had been previously reported, according to the filing's explanation of responses, on a Form 4 filed June 30, 2026. Following the vesting event, the filing reports zero restricted stock units remaining in Wang's derivative holdings.

What Was Disclosed

The filing disclosed the September 8, 2026 vesting of 4,012 restricted stock units held by Cathay General Bancorp's CFO, the disposition of 1,294 shares at $61.86, and a resulting direct ownership position of 2,718 common shares.