Community West Bancshares·4

May 8, 6:02 PM ET

CAGLE DAWN M 4

4 · Community West Bancshares · Filed May 8, 2026

Research Summary

AI-generated summary of this filing

Updated

Community West (CWBC) EVP Dawn Cagle Receives RSU Award

What Happened

  • Dawn M. Cagle, Executive Vice President of Community West Bancshares (CWBC), received a grant of 1,244 restricted stock units (RSUs) on May 6, 2026. The RSUs were awarded as a derivative/compensatory grant (code A) at $0.00 per share; the filing lists a per‑RSU grant value of $24.13, making the grant worth roughly $30,018 at award.
  • This was an equity award (compensation), not an open‑market purchase or sale. RSUs convert into common shares only as they vest, so this is not an immediate purchase of shares nor a sale.

Key Details

  • Transaction date: 2026-05-06; Form 4 filed: 2026-05-08 (timely filing).
  • Amount: 1,244 RSUs granted; per‑RSU value at grant: $24.13; implied total value ≈ $30,018.
  • Price reported: $0.00 (typical for RSU grants; treated as a derivative award).
  • Shares owned after the transaction: not specified in the provided filing excerpt.
  • Footnotes: RSUs vest in three equal installments on each anniversary of the grant. Cash dividends, if any, will be withheld by the issuer for the RSUs, are subject to forfeiture to the same extent as the RSUs, and will be paid upon vesting.

Context

  • RSU awards are compensation and are common for executives; they do not signal an immediate buy or sell of stock. The grant becomes meaningful to ownership only as units vest into actual shares.

Insider Transaction Report

Form 4
Period: 2026-05-06
CAGLE DAWN M
EXECUTIVE VICE PRESIDENT
Transactions
  • Award

    Restricted Stock Unit

    [F1]
    2026-05-06+1,2441,244 total
    CWBC - Common Stock (1,244 underlying)
Footnotes (1)
  • [F1]Each restricted stock unit (RSU) represents a contingent right to receive one share of the Issuer common stock and vests in three equal installments each year on the anniversary date of grant. Cash dividends on RSUs, if any, will be withheld by the Issuer for the account of the Reporting Person, will be subject to forfeiture to the same extent as the RSUs, and will be paid to the Reporting Person upon vesting of the RSUs. The per RSU value on the date of grant was $24.13.
Signature
/s/ Shannon R. Livingston, Attorney-in-Fact for Dawn M. Cagle|2026-05-08

Documents

1 file
  • 4
    wk-form4_1778277760.xmlPrimary

    FORM 4