Thomas Hinson Michael 4

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.