Community West Bancshares (CWBC) EVP has 234 shares withheld for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Community West Bancshares executive Dawn M. Cagle had 234 shares of CWBC common stock withheld on May 7, 2026 to cover tax obligations tied to vesting restricted stock. These shares were valued at $24.17 each and the transaction was reported as a tax-withholding disposition, not an open-market sale. Following this event, Cagle directly holds 13,490 CWBC shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
CAGLE DAWN M
Role
EXECUTIVE VICE PRESIDENT
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | CWBC - Common Stock | 234 | $24.17 | $6K |
Holdings After Transaction:
CWBC - Common Stock — 13,490 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Tax-withheld shares: 234 shares
Withholding price: $24.17 per share
Post-transaction holdings: 13,490 shares
+1 more
4 metrics
Tax-withheld shares
234 shares
Shares withheld to satisfy tax obligations on May 7, 2026
Withholding price
$24.17 per share
Value used for the 234 withheld CWBC shares
Post-transaction holdings
13,490 shares
CWBC shares directly held by Dawn M. Cagle after transaction
Vesting restricted shares
568 shares
Restricted Stock Award vesting that triggered tax withholding
Key Terms
Restricted Stock Award, tax withholding obligations, Form 4, non-derivative
4 terms
Restricted Stock Award financial
"in connection with the vesting of 568 restricted shares from a Restricted Stock Award granted May 7, 2025"
A restricted stock award is company shares given to an employee or executive that cannot be sold or fully owned until certain conditions—like staying with the company for a set time or hitting performance targets—are met. Think of it as a gift that only becomes yours after you fulfill specific obligations; for investors, these awards matter because they can increase the total shares outstanding when they vest, reveal how management is being paid and motivated, and create potential selling pressure when restrictions lift.
tax withholding obligations financial
"Represents shares withheld by Community West Bancshares to satisfy tax withholding obligations in connection with the vesting"
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
non-derivative financial
""transaction_type": "non-derivative""
FAQ
How is the CWBC Form 4 transaction for Dawn M. Cagle classified by the SEC code?
The transaction is coded "F," indicating payment of a tax liability by delivering securities. It records 234 CWBC common shares withheld as a tax-withholding disposition linked to vesting restricted stock, rather than a standard buy or sell transaction in the open market.