Community West Bancshares (CWBC) CEO receives 8,393 RSU award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Kim James J reported acquisition or exercise transactions in this Form 4 filing.
Community West Bancshares CEO and President James J. Kim received a grant of 8,393 restricted stock units on May 6, 2026. Each RSU represents a contingent right to receive one share of common stock and had a per-unit value of $24.13 on the grant date.
The RSUs vest in three equal annual installments on each anniversary of the grant date. Any cash dividends on these RSUs will be withheld for Kim’s account, are subject to the same forfeiture conditions as the RSUs, and will be paid to him only when the RSUs vest.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Kim James J
Role
CEO and PRESIDENT
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Unit | 8,393 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Unit — 8,393 shares (Direct, null)
Footnotes (1)
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Key Figures
RSUs granted: 8,393 RSUs
Per RSU value: $24.13 per RSU
Underlying common shares: 8,393 shares
+2 more
5 metrics
RSUs granted
8,393 RSUs
Grant to CEO James J. Kim on May 6, 2026
Per RSU value
$24.13 per RSU
Value on the grant date
Underlying common shares
8,393 shares
Each RSU represents one share of common stock
Post-grant RSU holdings
8,393 RSUs
Total restricted stock units following the transaction
Vesting schedule
Three equal installments
Annually on each anniversary of the grant date
Key Terms
Restricted Stock Unit, RSU, contingent right, vests in three equal installments, +1 more
5 terms
Restricted Stock Unit financial
"Each restricted stock unit (RSU) represents a contingent right to receive one share"
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
RSU financial
"Each restricted stock unit (RSU) represents a contingent right to receive one share"
Restricted stock units (RSUs) are a form of company shares given to employees as part of their compensation, usually with certain restrictions or conditions, such as remaining with the company for a set period. When these restrictions lift, employees receive actual shares that they can sell or hold. For investors, RSUs can impact a company's stock supply and reflect the company's commitment to attracting and retaining talent.
contingent right financial
"represents a contingent right to receive one share of the Issuer common stock"
vests in three equal installments financial
"and vests in three equal installments each year on the anniversary date of grant"
forfeiture financial
"will be subject to forfeiture to the same extent as the RSUs"
FAQ
How many restricted stock units did CWBC CEO James J. Kim receive?
James J. Kim received 8,393 restricted stock units. Each unit represents a contingent right to one share of Community West Bancshares common stock, giving him additional equity-based compensation that will convert into shares as vesting conditions are met over future years.
What is the vesting schedule for James J. Kim’s 8,393 CWBC RSUs?
The 8,393 restricted stock units vest in three equal installments on each anniversary of the grant date. This means one-third of the RSUs becomes earned each year, encouraging longer-term alignment between the CEO and Community West Bancshares shareholders.
What was the per-unit value of the CWBC RSUs granted to the CEO?
The per restricted stock unit value on the grant date was $24.13. This value reflects the worth assigned to each RSU when awarded and helps indicate the total initial value of the equity grant provided to CEO James J. Kim as part of his compensation.
How are cash dividends on the CWBC RSUs handled for the CEO grant?
Any cash dividends on the restricted stock units will be withheld by Community West Bancshares for James J. Kim’s account. These withheld dividends are subject to the same forfeiture conditions as the RSUs and are only paid out when the underlying RSUs actually vest.
Does this CWBC Form 4 indicate an open-market stock purchase or sale?
No, the filing shows a grant of restricted stock units to CEO James J. Kim, not an open-market purchase or sale. The transaction is coded as a grant or award acquisition, reflecting compensation rather than discretionary trading in Community West Bancshares shares.