Thomas Hinson Michael 4
4 · Community West Bancshares · Filed May 8, 2026
Research Summary
AI-generated summary of this filing
Community West (CWBC) EVP Thomas Hinson Receives RSU Award
What Happened
Thomas Hinson, Executive Vice President of Community West Bancshares (CWBC), received a grant of 2,694 restricted stock units (RSUs) on 2026-05-06. The Form 4 reports the award as an acquisition at $0.00 (common for compensation grants); the company reported a per-RSU grant value of $24.13, making the aggregate grant roughly $65,000. This is a compensation award (not an open-market purchase or sale).
Key Details
- Transaction date: 2026-05-06; Form 4 filed on 2026-05-08 (timely filing).
- Reported acquisition: 2,694 RSUs at $0.00 per unit; grant-date fair value = $24.13/RSU → total ≈ $65,006.
- Shares owned after transaction: not disclosed in the provided filing.
- Footnote: RSUs vest in three equal annual installments on each grant anniversary; any cash dividends on RSUs are withheld and paid only upon vesting.
- Transaction code: A = Award/Grant (derivative award).
Context
RSUs are a form of compensation giving a contingent right to receive shares in the future as they vest; they do not represent immediate open-market buying or selling. Such grants are typically used for retention and alignment with shareholders and do not by themselves indicate an insider belief about near-term stock moves.
Insider Transaction Report
- Award
Restricted Stock Unit
[F1]2026-05-06+2,694→ 2,694 total→ CWBC - Common Stock (2,694 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.