The estimated Net Worth of Richard Sun is at least $253 Thousand dollars as of 25 April 2023. Mr. Sun owns over 6,100 units of Cathay General Bancorp stock worth over $74,394 and over the last 7 years he sold CATY stock worth over $0. In addition, he makes $178,720 as Independent Director of the Company and the Bank at Cathay General Bancorp.
Richard has made over 3 trades of the Cathay General Bancorp stock since 2020, according to the Form 4 filled with the SEC. Most recently he bought 6,100 units of CATY stock worth $213,500 on 25 April 2023.
The largest trade he's ever made was buying 14,100 units of Cathay General Bancorp stock on 4 August 2020 worth over $423,000. On average, Richard trades about 2,682 units every 90 days since 2018. As of 25 April 2023 he still owns at least 1,800 units of Cathay General Bancorp stock.
You can see the complete history of Mr. Sun stock trades at the bottom of the page.
Dr. Richard Sun serves as Independent Director of the Company and the Bank of the Company. Mr. Sun is the President of SSS Development, Inc., a real estate investment, development, and management company. Dr. Sun received his D.D.S. in Dentistry in 1982 and practiced for 18 years. He also served as the Mayor for the 2012 and 2016 term and Council Member from 2009 to 2017 for the City of San Marino, California. Dr. Sun has over 30 years of experience in real estate investment and 10 years of experience serving on the boards of financial institutions. Simultaneously, he served in numerous leadership and management roles including his directorships on Trust Bank Board of Directors from 1995 to 2004 and on Omni Bank Board of Directors from 2008 to 2009. Also, he has been awarded certification by the UCLA Anderson Graduate School of Management’s Director Training and Certification Program. Dr. Sun is a community leader and has many years of civic service. He served on the Board of Governors of the Los Angeles County Natural History Museum from 2003 to 2017, as President of the Chinese American Elected Officials from 2015 to 2017, as a Committee Member of Accounting. both the Economic Development Committee for Monterey Park and the Design Review Committee for San Marino from 2001 to 2004, and Board Member of the Workforce Investment Committee for Los Angeles County from 2000 to 2002. He also served on the Methodist Hospital Foundation Board from 2007 to 2016 and chaired the foundation in 2013. Dr. Sun currently serves as a Board Member of the Chinese American Elected Officials, a non-profit organization that focuses on civic engagement, membership education, and community outreach. Dr. Sun is also a board member of the Cathay Bank Foundation. Dr. Sun has been a Director of Bancorp and Cathay Bank since May 2017. He brings with him board experiences at financial institutions as well as his depth of knowledge and experience in both public and private companies. The Board believes that his diversified skil
As the Independent Director of the Company and the Bank of Cathay General Bancorp, the total compensation of Richard Sun at Cathay General Bancorp is $178,720. There are 13 executives at Cathay General Bancorp getting paid more, with Dunson Cheng having the highest compensation of $3,015,020.
Richard Sun is 67, he's been the Independent Director of the Company and the Bank of Cathay General Bancorp since 2017. There are 10 older and 5 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: