Community West director granted 1,451 RSUs
GILL JAGROOP reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
GILL JAGROOP reported acquisition or exercise transactions in this Form 4 filing.
Community West Bancshares director Jagroop Gill received a grant of 1,451 restricted stock units (RSUs) on the company’s common stock. The RSUs were awarded at a per-unit value of $24.13 and represent a contingent right to receive an equal number of shares.
The RSUs vest on the anniversary of the grant date, and cash dividends on these units, if any, will be withheld for Gill’s account and paid only when the RSUs vest. Following this grant, Gill holds 1,451 RSUs directly.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Unit | 1,451 | $0.00 | $0.00 |
Footnotes (1)
- F1. Each restricted stock unit (RSU) represents a contingent right to receive one share of the Issuer common stock and vests on the anniversary of the date of grant. Cash dividends on RSUs, if any, will be withheld by the Issuer for the account of the Reporting Person, will be subject to forfeiture to the same extent as the RSUs, and will be paid to the Reporting Person upon vesting of the RSUs. The per RSU value on the date of grant was $24.13.
Key Figures
Key Terms
Restricted Stock Unit financial
RSU financial
contingent right financial
cash dividends financial
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