The estimated Net Worth of Anthony M Tang is at least $56.5 million dollars as of 25 July 2024. Mr. Tang owns over 7,620 units of Cathay General Bancorp stock worth over $8,236,738 and over the last 21 years he sold CATY stock worth over $47,913,639. In addition, he makes $378,970 as Vice Chairman of the Board of the Company and the Bank at Cathay General Bancorp.
Anthony has made over 36 trades of the Cathay General Bancorp stock since 2011, according to the Form 4 filled with the SEC. Most recently he sold 7,620 units of CATY stock worth $342,976 on 25 July 2024.
The largest trade he's ever made was buying 1,000,000 units of Cathay General Bancorp stock on 10 August 2011 worth over $10,890,000. On average, Anthony trades about 33,497 units every 50 days since 2003. As of 25 July 2024 he still owns at least 199,292 units of Cathay General Bancorp stock.
You can see the complete history of Mr. Tang stock trades at the bottom of the page.
Anthony M. Tang serves as Vice Chairman of the Board of the Company and the Bank of the Company. He has been Vice Chairman of the Board of Bancorp and Cathay Bank since August 2014 and has over 30 years of banking experience. He was an Executive Vice President of Bancorp from 1994 to September 2013, Senior Executive Vice President of Cathay Bank from 1998 to 2013, Chief Lending Officer of Cathay Bank from 1985 to September 2013, and Executive Vice Chairman of the Board of Bancorp and Cathay Bank from October 2013 to August 2014. Mr. Tang was formerly the Chief Financial Officer and Treasurer of Bancorp from 1990 to 2003. He received a Master of Business Administration degree. Mr. Tang has been a Director of Cathay Bank since 1986 and of Bancorp since it was formed as a holding company in 1990. Through his service to Cathay Bank in various capacities for over 25 years, Mr. Tang brings to the Board an in-depth knowledge and understanding of its history and business, as well as his extensive knowledge of its operations including from a financial and accounting standpoint.
As the Vice Chairman of the Board of the Company and the Bank of Cathay General Bancorp, the total compensation of Anthony Tang at Cathay General Bancorp is $378,970. There are 10 executives at Cathay General Bancorp getting paid more, with Dunson Cheng having the highest compensation of $3,015,020.
Anthony Tang is 66, he's been the Vice Chairman of the Board of the Company and the Bank of Cathay General Bancorp since 2014. There are 13 older and 4 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 et 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: