[Form 4] Community West Bancshares Insider Trading Activity
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Thomas Hinson Michael reported acquisition or exercise transactions in this Form 4 filing.
Community West Bancshares executive vice president Thomas Hinson Michael received a grant of 2,694 restricted stock units (RSUs). Each RSU represents the right to receive one share of common stock and had a per-unit value of $24.13 on the grant date.
The RSUs vest in three equal annual installments on each anniversary of the grant, and any associated cash dividends will be accumulated and paid only if and when the RSUs vest. Following this compensation award, he directly holds 2,694 RSUs.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Thomas Hinson Michael
Role
EXECUTIVE VICE PRESIDENT
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Unit | 2,694 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Unit — 2,694 shares (Direct, null)
Footnotes (1)
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Key Figures
RSUs granted: 2,694 units
Per RSU value: $24.13
RSUs held after grant: 2,694 units
+1 more
4 metrics
RSUs granted
2,694 units
Restricted stock unit award to EVP on grant date
Per RSU value
$24.13
Value per restricted stock unit on grant date
RSUs held after grant
2,694 units
Total restricted stock units directly held post-transaction
Vesting schedule
3 equal installments
Annual vesting on each anniversary of the grant date
Key Terms
Restricted Stock Unit, vests in three equal installments, contingent right, cash dividends on RSUs
4 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.
vests in three equal installments financial
"…and vests in three equal installments each year on the anniversary date of grant."
contingent right financial
"Each restricted stock unit (RSU) represents a contingent right to receive one share..."
cash dividends on RSUs financial
"Cash dividends on RSUs, if any, will be withheld by the Issuer for the account..."