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Last updated: 16 April 2024 at 5:56pm EST

Kelly Chan Net Worth




The estimated Net Worth of Kelly L Chan is at least $1.45 Million dollars as of 4 December 2018. Mr. Chan owns over 500 units of Cathay General Bancorp stock worth over $1,264,533 and over the last 21 years he sold CATY stock worth over $0. In addition, he makes $183,970 as Independent Director of the Company and the Bank at Cathay General Bancorp.

Mr. Chan CATY stock SEC Form 4 insiders trading

Kelly has made over 6 trades of the Cathay General Bancorp stock since 2013, according to the Form 4 filled with the SEC. Most recently he bought 500 units of CATY stock worth $18,725 on 4 December 2018.

The largest trade he's ever made was exercising 3,500 units of Cathay General Bancorp stock on 15 February 2018 worth over $81,795. On average, Kelly trades about 250 units every 42 days since 2003. As of 4 December 2018 he still owns at least 30,596 units of Cathay General Bancorp stock.

You can see the complete history of Mr. Chan stock trades at the bottom of the page.





Kelly Chan biography

Kelly L. Chan serves as Independent Director of the Company and the Bank of the Company. Mr. Chan is a long-time owner of Phoenix Bakery Inc., a family-owned retail bakery that began in Los Angeles Chinatown and has been serving the Los Angeles area for over 80 years. Mr. Chan was reappointed as Vice President of Finance of Phoenix Bakery in November 2017 after retiring in 2012 from that position. Mr. Chan is a Certified Public Accountant with over 35 years of experience, and received a Master of Business Administration degree. He served in the U.S. Navy from 1970 to 1973 and in the U.S. Naval Reserve until his retirement in 2000 with the rank of Captain. Also, he has been awarded certification by the UCLA Anderson Graduate School of Management’s Director Training and Certification Program. Mr. Chan has been a Director of Cathay Bank since 1981 and of Bancorp since it was formed as a holding company in 1990. Mr. Chan also serves as a member of the Cathay Bank Foundation Audit Committee.

What is the salary of Kelly Chan?

As the Independent Director of the Company and the Bank of Cathay General Bancorp, the total compensation of Kelly Chan at Cathay General Bancorp is $183,970. There are 12 executives at Cathay General Bancorp getting paid more, with Dunson Cheng having the highest compensation of $3,015,020.



How old is Kelly Chan?

Kelly Chan is 73, he's been the Independent Director of the Company and the Bank of Cathay General Bancorp since 1990. There are 3 older and 13 younger executives at Cathay General Bancorp. The oldest executive at Cathay General Bancorp is Michael Chang, 82, who is the Independent Director of the Company and the Bank.

Insiders trading at Cathay General Bancorp

Over the last 22 years, insiders at Cathay General Bancorp have traded over $73,158,002 worth of Cathay General Bancorp stock and bought 1,502,019 units worth $17,795,563 . The most active insiders traders include Anthony M Tang, Dunson K Cheng, and Peter Wu. On average, Cathay General Bancorp executives and independent directors trade stock every 20 days with the average trade being worth of $1,076,316. The most recent stock trade was executed by Dunson K Cheng on 26 August 2024, trading 12,401 units of CATY stock currently worth $555,441.



What does Cathay General Bancorp do?

in 1962, cathay bank opened for business with the mission of providing financial services to the growing but underserved chinese-american community in the greater los angeles area, thus becoming the first chinese-american bank in southern california. recognizing that the community it served was part of a more diverse one, cathay bank adopted the motto "an open door for all." its rapid expansion was fueled by successive waves of immigration, burgeoning trade between america and asia, and the economic development of the surrounding community. today, cathay bank is a subsidiary of cathay general bancorp (nasdaq: caty), a publicly held bank holding company. its service network extends from the west coast to new york and massachusetts on the eastern seaboard, north to the state of washington, and south to texas. overseas, it has a presence in the three important commercial centers in the asian-pacific rim—hong kong, taipei, and shanghai. cathay bank, with years of history and experience,



What does Cathay General Bancorp's logo look like?

Cathay General Bancorp logo

Complete history of Mr. Chan stock trades at Cathay General Bancorp

Date
#
Company
 Insider
Trans.
Transaction
 Shares Price per share Total value Shares after Source
4 Dec 2018 CATY Cathay General Bancorp Kelly L Chan
Director
 Buy 500 $37.45 $18,725
4 Dec 2018
30,596 ↗
15 Feb 2018 CATY Cathay General Bancorp Kelly L Chan
Director
 Option 3,500 $23.37 $81,795
15 Feb 2018
92,280 ↗
4 Mar 2016 CATY Cathay General Bancorp Kelly L Chan
Director
 Buy 2,000 $8.73 $17,460
4 Mar 2016
30,096 ↗
25 Oct 2013 CATY Cathay General Bancorp Kelly L Chan
Director
 Buy 1,000 $25.56 $25,560
25 Oct 2013
28,096 ↗


Cathay General Bancorp executives and stock owners

Cathay General Bancorp executives and other stock owners filed with the SEC include: