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Last updated: 19 April 2021 at 5:30pm EST

Michael Chang Net Worth




The estimated Net Worth of Michael M Y Chang is at least $1.34 Million dollars as of 10 February 2017. Mr. Chang owns over 3,500 units of Cathay General Bancorp stock worth over $1,150,090 and over the last 21 years he sold CATY stock worth over $0. In addition, he makes $189,970 as Independent Director of the Company and the Bank at Cathay General Bancorp.

Mr. Chang CATY stock SEC Form 4 insiders trading

Michael has made over 1 trades of the Cathay General Bancorp stock since 2017, according to the Form 4 filled with the SEC. Most recently he exercised 3,500 units of CATY stock worth $81,795 on 10 February 2017.

The largest trade he's ever made was exercising 3,500 units of Cathay General Bancorp stock on 10 February 2017 worth over $81,795. On average, Michael trades about 175 units every 0 days since 2003. As of 10 February 2017 he still owns at least 27,827 units of Cathay General Bancorp stock.

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





Michael Chang biography

Michael M. Y. Chang serves as Independent Director of the Company and the Bank of the Company. Mr. Chang is a retired attorney, having practiced law in Los Angeles for 30 years until retiring in 2000. He was the Secretary of Bancorp and Cathay Bank from 2001 to 2010. Mr. Chang is one of the founders of the Southern California Chinese Lawyers Association. He formerly served as a director of Chinatown Service Center, a community-based Chinese-American health and human services organization in Southern California. He received a Juris Doctor degree and a Bachelor of Science degree in Accounting. Mr. Chang has been a Director of Cathay Bank since 1983 and of Bancorp since it was formed as a holding company in 1990. Mr. Chang has been a well-respected attorney in Los Angeles for over 30 years, with the emphasis of his practice being in areas of business law, real estate, corporations, and taxation. The Board benefits from his legal experience and analysis of issues. His participation in the Chinese-American community in Southern California provides knowledge of the local economy, as well as business opportunities for Cathay Bank.

What is the salary of Michael Chang?

As the Independent Director of the Company and the Bank of Cathay General Bancorp, the total compensation of Michael Chang at Cathay General Bancorp is $189,970. There are 11 executives at Cathay General Bancorp getting paid more, with Dunson Cheng having the highest compensation of $3,015,020.



How old is Michael Chang?

Michael Chang is 82, he's been the Independent Director of the Company and the Bank of Cathay General Bancorp since 2010. There are no older and 17 younger executives at Cathay General Bancorp.

Insiders trading at Cathay General Bancorp

Over the last 21 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. Chang stock trades at Cathay General Bancorp

Date
#
Company
 Insider
Trans.
Transaction
 Shares Price per share Total value Shares after Source
10 Feb 2017 CATY Cathay General Bancorp Michael M Y Chang
Director
 Option 3,500 $23.37 $81,795
10 Feb 2017
27,827 ↗


Cathay General Bancorp executives and stock owners

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