Community West Bancshares (CWBC) director awarded 1,451 restricted stock units as equity compensation
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
DOYLE DANIEL J reported acquisition or exercise transactions in this Form 4 filing.
Community West Bancshares director Daniel J. Doyle received a compensation award of restricted stock units. On May 6, 2026, he was granted 1,451 RSUs, each representing a contingent right to receive one share of common stock, with a per-unit grant date value of $24.13.
The RSUs vest on the anniversary of the grant date. Any cash dividends on these RSUs will be withheld for his account, are subject to the same forfeiture conditions as the RSUs, and will be paid only upon vesting. Following this award, Doyle holds 1,451 derivative RSUs directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
DOYLE DANIEL J
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Unit | 1,451 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Unit — 1,451 shares (Direct, null)
Footnotes (1)
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Key Figures
RSUs granted: 1,451 units
Per RSU value: $24.13 per unit
RSUs after transaction: 1,451 units
+2 more
5 metrics
RSUs granted
1,451 units
Restricted stock units granted on May 6, 2026
Per RSU value
$24.13 per unit
Grant date value per RSU
RSUs after transaction
1,451 units
Total derivative RSUs held directly after grant
Transaction code
A (grant, award, or other acquisition)
Indicates compensation-related acquisition of RSUs
Underlying shares per RSU
1 share of common stock
Each RSU represents one CWBC common share upon vesting
Key Terms
Restricted Stock Unit, contingent right, vests on the anniversary of the date of grant, forfeiture, +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.
contingent right financial
"represents a contingent right to receive one share of the Issuer common stock"
vests on the anniversary of the date of grant financial
"RSU represents a contingent right ... and vests on the anniversary of the date of grant"
forfeiture financial
"Cash dividends on RSUs, if any, will be withheld ... and will be subject to forfeiture"
cash dividends on RSUs financial
"Cash dividends on RSUs, if any, will be withheld by the Issuer"
FAQ
How many restricted stock units were granted to the CWBC director in this Form 4?
The Form 4 shows a grant of 1,451 restricted stock units to director Daniel J. Doyle. These units are derivative securities tied to CWBC common stock and increase his derivative holdings to 1,451 RSUs following the reported transaction.
What is the value per restricted stock unit granted to the CWBC director?
The per restricted stock unit value on the grant date was $24.13. This figure reflects the grant date value assigned to each RSU, which represents a contingent right to receive one share of Community West Bancshares common stock upon vesting.
When do Daniel J. Doyle’s CWBC restricted stock units vest?
The restricted stock units granted to Daniel J. Doyle vest on the anniversary of the grant date. Vesting means he becomes entitled to receive one share of Community West Bancshares common stock for each RSU that has satisfied the time-based vesting condition.
How are cash dividends on the CWBC restricted stock units treated?
Any cash dividends on the restricted stock units will be withheld by Community West Bancshares for Daniel J. Doyle’s account. These dividends are subject to forfeiture on the same basis as the RSUs and are payable to him only when the underlying RSUs vest.