Community West Bancshares·4

May 8, 6:08 PM ET

Kim James J 4

Research Summary

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Updated

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.