Community West Bancshares·4

Jun 1, 1:49 PM ET

MARTIN JEFFREY MICHAEL 4

Research Summary

AI-generated summary

Updated

Community West (CWBC) EVP MARTIN JEFFREY MICHAEL Withholds 726 Shares

What Happened

  • MARTIN JEFFREY MICHAEL, Executive Vice President of Community West Bancshares (CWBC), had 726 shares withheld to satisfy tax withholding obligations. The shares were valued at $24.01 each for a total of $17,431.
  • The withholding occurred in connection with the vesting of 2,021 restricted shares from a Restricted Stock Award granted May 30, 2024. This was a tax-withholding disposition (not an open-market sale).

Key Details

  • Transaction date: 2026-05-30; Price per share: $24.01; Shares withheld/disposed: 726; Total value: $17,431.
  • Related award: 2,021 restricted shares vested from a May 30, 2024 Restricted Stock Award (footnote: shares withheld to satisfy taxes).
  • Shares owned after transaction: Not provided in the excerpt.
  • Filing: Report filed 2026-06-01 for the 2026-05-30 transaction — appears to be filed promptly (Form 4 is generally due within two business days).
  • Transaction code: F (tax withholding).

Context

  • This was a company withholding to cover tax obligations on vested restricted stock, effectively a cashless disposition of a portion of the award. It is a routine administrative action and not the same as an open-market sale, so it should not be read as a direct signal of insider sentiment.