The estimated Net Worth of Heng W Chen is at least $10.7 Million dollars as of 1 April 2024. Mr. Chen owns over 24,354 units of Cathay General Bancorp stock worth over $7,686,181 and over the last 21 years he sold CATY stock worth over $0. In addition, he makes $3,015,020 as Executive Chairman of the Board of the Company and the Bank at Cathay General Bancorp.
Dunson has made over 26 trades of the Cathay General Bancorp stock since 2013, according to the Form 4 filled with the SEC. Most recently he exercised 24,354 units of CATY stock worth $1,006,551 on 1 April 2024.
The largest trade he's ever made was exercising 44,000 units of Cathay General Bancorp stock on 14 November 2016 worth over $1,028,280. On average, Dunson trades about 4,361 units every 44 days since 2003. As of 1 April 2024 he still owns at least 185,971 units of Cathay General Bancorp stock.
You can see the complete history of Mr. Chen stock trades at the bottom of the page.
Dunson K. Cheng Ph.D. serves as Executive Chairman of the Board of the Company and the Bank of the Company. Mr. has been the Executive Chairman of the Board of Bancorp and Cathay Bank since October 1, 2016. He was the Chairman of the Board, President, and Chief Executive Officer of Bancorp and Chairman of the Board and Chief Executive Officer of Cathay Bank from 1994 to September 2016, and the President of Cathay Bank from 1985 to March 2015. Mr. Cheng has over 30 years of banking experience. He also serves on the boards of DiCon Fiberoptics, Inc. (a supplier of optical components, integrated modules, and test equipment for the fiber optics industry) and Tsinghua Education Foundation (N.A.) Inc. He formerly served on the board of directors of the California Bankers Association. Mr. Cheng received a Ph.D. in Physics. He has been a Director of Cathay Bank since 1982 and of Bancorp since it was formed as a holding company in 1990. Mr. Cheng provides to the Board his extensive banking experience, his broad knowledge of the business and operations of Bancorp and Cathay Bank, and his strong management and leadership skills. His tenure as an officer and a director for over 30 years affords the Board valuable insight regarding all aspects of the business and operations of Bancorp and Cathay Bank.
As the Executive Chairman of the Board of the Company and the Bank of Cathay General Bancorp, the total compensation of Dunson Cheng at Cathay General Bancorp is $3,015,020. There are no executives at Cathay General Bancorp getting paid more.
Dunson Cheng is 75, he's been the Executive Chairman of the Board of the Company and the Bank of Cathay General Bancorp since 2016. There are 2 older and 15 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.
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.
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,
Cathay General Bancorp executives and other stock owners filed with the SEC include: