Community West Bancshares (CWBC) president exercises 65,464 stock options
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Community West Bancshares president Martin E. Plourd exercised stock options to acquire 65,464 shares of CWBC common stock on May 1, 2026, at exercise prices ranging from $8.79 to $18.93 per share. To fund the aggregate exercise price, 40,746 shares were withheld by delivering shares valued at $23.77 per share. After these transactions, Plourd directly holds 71,790 CWBC shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
65,464 shares exercised/converted
Mixed
17 txns
Insider
Plourd Martin E
Role
PRESIDENT
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | CWBC - Stock Option | 3,160 | $0.00 | -- |
| Exercise | CWBC - Stock Option | 12,831 | $0.00 | -- |
| Exercise | CWBC - Stock Option | 6,102 | $0.00 | -- |
| Exercise | CWBC - Stock Option | 15,800 | $0.00 | -- |
| Exercise | CWBC - Stock Option | 948 | $0.00 | -- |
| Exercise | CWBC - Stock Option | 9,243 | $0.00 | -- |
| Exercise | CWBC - Stock Option | 9,480 | $0.00 | -- |
| Exercise | CWBC - Stock Option | 7,900 | $0.00 | -- |
| Tax Withholding | CWBC - Common Stock | 40,746 | $23.77 | $969K |
| Exercise | CWBC - Common Stock | 3,160 | $14.21 | $45K |
| Exercise | CWBC - Common Stock | 12,831 | $12.81 | $164K |
| Exercise | CWBC - Common Stock | 6,102 | $13.66 | $83K |
| Exercise | CWBC - Common Stock | 15,800 | $16.67 | $263K |
| Exercise | CWBC - Common Stock | 948 | $8.79 | $8K |
| Exercise | CWBC - Common Stock | 9,243 | $13.33 | $123K |
| Exercise | CWBC - Common Stock | 9,480 | $13.84 | $131K |
| Exercise | CWBC - Common Stock | 7,900 | $18.93 | $150K |
Holdings After Transaction:
CWBC - Stock Option — 4,740 shares (Direct, null);
CWBC - Common Stock — 71,790 shares (Direct, null)
Footnotes (1)
- Represents shares withheld for the payment of the aggregate exercise price in connection with the exercise of 65,464 options on May 1, 2026. Price represents the closing share price on May 1, 2026.
Key Figures
Options exercised: 65,464 shares
Shares withheld: 40,746 shares
Withholding price: $23.77 per share
+3 more
6 metrics
Options exercised
65,464 shares
CWBC common stock acquired via option exercises on May 1, 2026
Shares withheld
40,746 shares
Withheld to pay aggregate exercise price, valued at $23.77 per share
Withholding price
$23.77 per share
Closing CWBC share price on May 1, 2026 for withheld shares
Post-transaction holdings
71,790 shares
CWBC common stock directly owned after reported transactions
Lowest option exercise price
$8.79 per share
One tranche of CWBC stock options exercised on May 1, 2026
Highest option exercise price
$18.93 per share
One tranche of CWBC stock options exercised on May 1, 2026
Key Terms
stock option, derivative security, tax-withholding disposition, aggregate exercise price
4 terms
stock option financial
"CWBC - Stock Option"
A stock option is a contract that gives you the right to buy or sell a company's stock at a specific price within a certain time frame. People use them to potentially make money if the stock's price moves favorably or to protect against losses. It's like holding a coupon that can be used to buy or sell stock at a set price later on.
derivative security financial
"Exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
tax-withholding disposition financial
"tax-withholding disposition"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
aggregate exercise price financial
"payment of the aggregate exercise price in connection with the exercise of 65,464 options"
