CWBC CEO James J. Kim reports 841-share tax withholding on vesting
Rhea-AI Filing Summary
Community West Bancshares CEO James J. Kim reported an automatic share withholding related to equity compensation. On January 23, 2026, the company withheld 841 shares of CWBC common stock at a price of $23.85 per share to cover tax obligations when 2,040 restricted shares from a prior stock award vested. This was recorded as a disposition for tax purposes, not an open-market sale. After this transaction, Kim beneficially owned 58,573 CWBC shares, held directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | CWBC - Common Stock | 841 | $23.85 | $20K |
Footnotes (2)
- F1. Represents shares withheld by Community West Bancshares to satisfy tax withholding obligations in connection with the vesting of 2,040 restricted shares from a Restricted Stock Award granted January 23, 2025.
- F2. Price represents the fair value market price at vesting.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did CWBC CEO James J. Kim report?
James J. Kim reported a transaction where 841 CWBC common shares were withheld on January 23, 2026 to satisfy tax obligations on vested restricted stock.
Was the CWBC CEO’s Form 4 transaction an open-market sale?
No. The 841 shares were withheld by Community West Bancshares to cover taxes on vesting of restricted stock, rather than sold in the open market.
What triggered the CWBC CEO’s tax withholding transaction?
The withholding was triggered by the vesting of 2,040 restricted shares from a Restricted Stock Award originally granted on January 23, 2025.