Dunson K. Cheng, Executive Chairman at CATHAY GENERAL BANCORP (CATY), sold 60,000 shares at $35.38 ($2.1M) on 2016-11-29, disclosed to the SEC on 2016-12-01.
Seasonal sale ($2.1M) by Executive Chairman — this insider has traded CATY in November in at least three consecutive prior years. Pattern-driven, low signal.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $35.38 | 30,000 | $1.1M | 50.0% |
| 2 | $35.32 | 10,000 | $353K | 16.6% |
| 3 | $35.51 | 20,000 | $710K | 33.4% |
| Total | $35.41 avg | 60,000 | $2.1M | 100% |
| Filing → |
| CATY | SELL | 2024-08-28 | $1.1M | — | Filing → |
| CATY | SELL | 2022-08-18 | $45K | — | Filing → |
| CATY | SELL | 2022-08-11 | $128K | — | Filing → |