East West Bancorp Reports on Shareholder Vote

TL;DR

EWBC held a shareholder vote on 5/24, details filed 5/28.

AI Summary

East West Bancorp, Inc. filed an 8-K on May 28, 2024, reporting on a matter submitted to a vote of security holders on May 24, 2024. The filing details the company's corporate structure and operational information, including its principal executive offices in Pasadena, California.

Why It Matters

This filing indicates a formal process of shareholder engagement and decision-making, which is a key governance event for publicly traded companies.

Risk Assessment

Risk Level: low — This is a routine corporate filing regarding a shareholder vote, not indicating any immediate financial distress or significant operational change.

Key Players & Entities

• EAST WEST BANCORP, INC. (company) — Registrant
• May 24, 2024 (date) — Date of earliest event reported
• May 28, 2024 (date) — Date of report
• Pasadena, California (location) — Principal executive offices

FAQ

Key Financial Figures

• $0.001 — ich registered Common Stock, par value $0.001 per share EWBC The Nasdaq Global Select

Filing Documents

• ewbc-20240524.htm (8-K) — 51KB
• 0001069157-24-000049.txt ( ) — 177KB
• ewbc-20240524.xsd (EX-101.SCH) — 2KB
• ewbc-20240524_lab.xml (EX-101.LAB) — 22KB
• ewbc-20240524_pre.xml (EX-101.PRE) — 13KB
• ewbc-20240524_htm.xml (XML) — 3KB

07 Submission of Matters to a Vote of Security Holders

Item 5.07 Submission of Matters to a Vote of Security Holders. On May 24, 2024 , East West Bancorp, Inc. (the "Company") held its 2024 Annual Meeting of Stockholders (the "Annual Meeting"). The Company's stockholders considered three proposals at the Annual Meeting, each of which was described in more detail in the Company's definitive proxy statement (the "2024 Proxy Statement") for the Annual Meeting, which was filed with the Securities and Exchange Commission on April 11, 2024. There were 125,430,533 shares of common stock represented at the Annual Meeting in person or by valid proxies, which was approximately 90.16% of the shares of common stock entitled to vote at the Annual Meeting. The final results of the voting for each matter submitted to a vote of stockholders at the Annual Meeting are as set forth below. Proposal 1: Election of Directors The Company's stockholders elected the eleven director nominees named in the 2024 Proxy Statement for a one-year term until the 2025 annual meeting of stockholders and to serve until his or her successor is elected and qualified. The voting results were as follows: Votes Cast For Votes Against Votes Abstained Broker Non-Votes Manuel P. Alvarez 117,286,662 806,615 318,845 7,018,411 Molly Campbell 116,035,062 2,060,219 316,841 7,018,411 Archana Deskus 117,209,068 882,765 320,289 7,018,411 Serge Dumont 115,430,149 2,662,974 318,999 7,018,411 Rudolph I. Estrada 115,207,712 3,033,221 171,189 7,018,411 Mark Hutchins 117,419,442 671,787 320,893 7,018,411 Paul H. Irving 112,266,245 5,950,771 195,106 7,018,411 Sabrina Kay 116,057,509 2,037,599 317,014 7,018,411 Jack C. Liu 115,277,464 2,971,843 162,815 7,018,411 Dominic Ng 115,655,478 2,594,344 162,300 7,018,411 Lester M. Sussman 117,394,593 851,185 166,344 7,018,411 Proposal 2: Advisory Vote to Approve Executive Compensation The advisory vote to approve the Company's executive compensation ("say-on-pay") for 2023 was approved by the Company's stockholders

View Full Filing

View this 8-K filing on SEC EDGAR