Kim James J 4
4 · Community West Bancshares · Filed May 8, 2026
Research Summary
AI-generated summary of this filing
Community West Bancshares (CWBC) CEO Kim James Receives RSU Award
What Happened
- Kim James, CEO, President and Director of Community West Bancshares, was granted 8,393 restricted stock units (RSUs) on 2026-05-06. The Form 4 shows an acquisition at $0.00 (derivative grant). The per‑RSU value on the grant date was $24.13, implying a grant value of approximately $202,523.
Key Details
- Transaction date: 2026-05-06; Form 4 filed 2026-05-08 (timely, within typical two-business-day requirement).
- Grant type/code: A (award/grant) — recorded as a derivative acquisition at $0.00.
- Shares/units granted: 8,393 RSUs; per‑RSU value $24.13; total grant ≈ $202,523.
- Shares owned after transaction: Not specified in the filing.
- Footnote: RSUs vest in three equal annual installments on each anniversary of the grant. Cash dividends on RSUs, if any, are withheld and subject to forfeiture until paid upon vesting.
Context
- RSUs are a form of compensation/retention award, not a market purchase or sale. They convert to actual shares only as they vest, so this grant does not represent an immediate open‑market investment by the insider.
Insider Transaction Report
Form 4
Kim James J
DirectorCEO and PRESIDENT
Transactions
- Award
Restricted Stock Unit
[F1]2026-05-06+8,393→ 8,393 total→ CWBC - Common Stock (8,393 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 James J. Kim|2026-05-08