Community West Bancshares (CWBC) grants EVP 4,974 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
MARTIN JEFFREY MICHAEL reported acquisition or exercise transactions in this Form 4 filing.
Community West Bancshares reported that Executive Vice President Jeffrey Michael Martin received a grant of 4,974 restricted stock units (RSUs) on May 6, 2026. Each RSU represents a contingent right to receive one share of Community West common stock.
The RSUs vest in three equal annual installments on each anniversary of the grant date, tying the award to continued service over time. Cash dividends, if any, on these RSUs will be withheld for his account, subject to the same forfeiture conditions as the RSUs, and will be paid only when the units vest.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
MARTIN JEFFREY MICHAEL
Role
EXECUTIVE VICE PRESIDENT
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Unit | 4,974 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Unit — 4,974 shares (Direct, null)
Footnotes (1)
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Key Figures
RSUs granted: 4,974 units
Per RSU value: $24.13 per RSU
RSUs representing common stock: 4,974 shares
+1 more
4 metrics
RSUs granted
4,974 units
Restricted stock units granted on May 6, 2026
Per RSU value
$24.13 per RSU
Value on the grant date
RSUs representing common stock
4,974 shares
Each RSU equals one share of CWBC common stock
RSUs held after grant
4,974 units
Total restricted stock units following this transaction
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 of the Issuer common stock"
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
"Cash dividends on RSUs, if any, will be withheld by the Issuer for the account of the Reporting Person"
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
"Each restricted stock unit (RSU) 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
What is the vesting schedule for the CWBC restricted stock units?
The 4,974 RSUs vest in three equal annual installments on each anniversary of the May 6, 2026 grant date. This means the award is spread over three years, encouraging ongoing employment and alignment with Community West Bancshares’ longer-term performance.
What was the per-unit value of the CWBC restricted stock units granted?
The per-unit value of the restricted stock units on the grant date was $24.13. This figure reflects the value assigned to each RSU at the time of grant, providing a reference point for the compensation value awarded to the executive.