[Form 4] Community West Bancshares Insider Trading Activity
Thomas Hinson Michael reported acquisition or exercise transactions in this Form 4 filing.
Sentiment and the balance of points
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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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Unit | 2,694 | $0.00 | $0.00 |
Footnotes (1)
- F1. Each restricted stock unit (RSU) represents a contingent right to receive one share of the Issuer common stock and vests in three equal installments each year on the anniversary date of grant. Cash dividends on RSUs, if any, will be withheld by the Issuer for the account of the Reporting Person, will be subject to forfeiture to the same extent as the RSUs, and will be paid to the Reporting Person upon vesting of the RSUs. The per RSU value on the date of grant was $24.13.
Key Figures
Key Terms
Restricted Stock Unit financial
vests in three equal installments financial
contingent right financial
cash dividends on RSUs financial
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