4//SEC Filing
Kim James J 4
Accession 0001628280-26-002859
CIK 0001127371other
Filed
Jan 20, 7:00 PM ET
Accepted
Jan 21, 3:29 PM ET
Size
5.0 KB
Accession
0001628280-26-002859
Research Summary
AI-generated summary of this filing
Community West (CWBC) CEO Kim James Withholds 764 Shares for Taxes
What Happened
- Kim James, CEO and Director of Community West Bancshares (CWBC), had 764 shares withheld on Jan 20, 2026 to satisfy tax withholding obligations tied to the vesting of restricted stock. The shares were valued at $23.19 each, for a total of $17,717. This was a withholding disposition (code F), not an open-market sale or purchase.
Key Details
- Transaction date and price: 2026-01-20 at $23.19 per share (fair market value at vesting).
- Shares withheld/disposed: 764; total value $17,717.
- Underlying award: Withholding satisfied taxes on the vesting of 1,855 restricted shares from a Restricted Stock Award granted Jan 17, 2024 (Footnote F1).
- Footnote F2: Price shown is the fair market value at vesting.
- Shares owned after transaction: Not specified in the provided filing.
- Filing timeliness: Report filed 2026-01-21 (next day) — appears timely.
Context
- This was a routine cashless tax-withholding action common when restricted shares vest; the company retained (withheld) shares to cover the insider's tax bill. Such withholdings are administrative and do not necessarily indicate the insider's view of the company's stock.
Insider Transaction Report
Form 4
Kim James J
DirectorCEO
Transactions
- Tax Payment
CWBC - Common Stock
[F1][F2]2026-01-20$23.19/sh−764$17,717→ 59,414 total
Footnotes (2)
- [F1]Represents shares withheld by Community West Bancshares to satisfy tax withholding obligations in connection with the vesting of 1,855 restricted shares from a Restricted Stock Award granted January 17, 2024.
- [F2]Price represents the fair value market price at vesting.
Signature
/s/ Shannon R. Livingston, Attorney-in-Fact for James J. Kim|2026-01-21
Documents
Issuer
Community West Bancshares
CIK 0001127371
Entity typeother
Related Parties
1- filerCIK 0001729941
Filing Metadata
- Form type
- 4
- Filed
- Jan 20, 7:00 PM ET
- Accepted
- Jan 21, 3:29 PM ET
- Size
- 5.0 KB