BARTLEIN ROBERT 4
Research Summary
AI-generated summary
Community West (CWBC) Director Robert Bartlein Receives RSU Award
What Happened Robert Bartlein, a director of Community West Bancshares (CWBC), was granted 1,451 restricted stock units (RSUs) on 2026-05-06. The filing lists this as an award/derivative acquisition (code A); the per-RSU value on the grant date was $24.13, making the grant worth about $35,013. This is a compensation award, not an open-market purchase or sale.
Key Details
- Transaction date: 2026-05-06; Form 4 filed: 2026-05-08 (timely filing).
- Transaction type: Award/Grant of RSUs (derivative security), Code A on Form 4.
- Shares/units granted: 1,451 RSUs; per-RSU value at grant: $24.13; total ≈ $35,013.
- Shares owned after transaction: Not specified in the filing.
- Footnote: Each RSU converts to one common share upon vesting (vests on the anniversary of grant). Cash dividends on RSUs, if any, will be withheld and paid only upon vesting; dividends are subject to forfeiture to the same extent as the RSUs.
Context RSU grants to directors are a routine form of compensation and do not represent an open-market buy or sell. These units are contingent rights to future shares and vest over time (annually per the footnote), so they do not immediately increase tradable share holdings.