Community West Bancshares·4

Jun 1, 1:51 PM ET

CAGLE DAWN M 4

Research Summary

AI-generated summary

Updated

Community West Bancshares (CWBC) EVP Dawn M. Cagle Withholds 212 Shares

What Happened

  • Dawn M. Cagle, Executive Vice President of Community West Bancshares (CWBC), had 212 shares withheld by the company on May 30, 2026 to satisfy tax withholding related to the vesting of restricted stock. The withheld shares were recorded at $24.01 each, totaling $5,090. This was a tax-withholding transaction (Form 4 code F), not an open-market sale or new purchase.

Key Details

  • Transaction date: 2026-05-30
  • Action: 212 shares withheld to satisfy tax obligations (Code F)
  • Price/value: $24.01 per share; total value $5,090
  • Source of withholding: Related to vesting of 606 restricted shares from a Restricted Stock Award granted May 30, 2024 (footnote F1)
  • Shares owned after transaction: Not specified in the filing
  • Filing date: 2026-06-01 (filed two days after the transaction; no late-filing flag indicated)

Context

  • This is a routine "sell-to-cover"/withholding to cover taxes on vested restricted stock and does not necessarily indicate a change in the insider's view of the company. Such withholding transactions are common when restricted awards vest and are different from discretionary open-market sales or purchases.