Cathay General Bancorp (CATY) Vice Chairman Sells $1.46M in Shares

AI Summary

Vice Chairman of Cathay General Bancorp (CATY), Tang, sold shares worth $1.46 million. This sale raises concerns about insider confidence among investors, potentially impacting market perception of CATY. While share sales by executives can signal various sentiments, this specific transaction's volume or impact on share price is not detailed. Understanding such insider transactions could influence investor strategies moving forward.