Stronks Timothy Joseph 4

What Happened
Timothy J. Stronks, Executive Vice President of Community West Bancshares (CWBC), was granted 2,694 restricted stock units (RSUs) on May 6, 2026. The filing lists the acquisition as a grant (derivative award) at $0.00 per unit; the reported per‑RSU grant value was $24.13, giving an aggregate grant value of approximately $65,006.22. This is a compensation award (not an open‑market purchase or sale).

Key Details

• Transaction date: 2026-05-06; Grant type: RSU award (derivative acquisition, code A).
• Units granted: 2,694 RSUs; grant value per RSU: $24.13; total grant value ≈ $65,006.22.
• Price shown on Form 4: $0.00 (typical for RSU grants—no cash paid by insider).
• Shares owned after transaction: not disclosed in the provided filing.
• Footnote (F1): Each RSU converts to one share upon vesting, vests in three equal annual installments on each anniversary of the grant; any cash dividends are withheld and paid only upon vesting and are subject to forfeiture like the RSUs.
• Filing timeliness: Report filed 2026-05-08 for a 2026-05-06 grant (no late filing indicated in the provided data).

Context
RSU grants are a common form of executive compensation and represent a contingent right to receive company stock in the future as the units vest. Because this was a grant (compensation), it does not by itself signal buying or selling intent in the market. Vesting schedule and forfeiture conditions (see footnote) determine when these units convert into tradeable shares.