Form 4: Community West Bancshares CEO James J. Kim Reports Stock Transaction
SEC Form 4 Filing
CEO James J. Kim reports disposition of 811 shares of Community West Bancshares stock to cover tax obligations related to vesting restricted stock awards.
Summary
- On February 3, 2025, James J. Kim, CEO of Community West Bancshares, disposed of 811 shares of common stock to cover tax obligations.
- The shares were withheld by Community West Bancshares to satisfy tax obligations related to the vesting of restricted stock awards.
- The transaction price was $19.49 per share.
- Following the transaction, Kim directly owns 58,578 shares of Community West Bancshares common stock.
Sentiment
Score: 5
Explanation: The sentiment is neutral as the filing simply reports a routine transaction related to tax obligations.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This transaction is related to compensation and tax obligations, which is a common occurrence.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a routine sale of shares to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 02/01/2022 | Date of one of the Restricted Stock Awards granted to James J. Kim. |
| 02/01/2023 | Date of one of the Restricted Stock Awards granted to James J. Kim. |
| 02/03/2025 | Date of the stock transaction (disposal of shares). |
| 02/05/2025 | Date of signature on the Form 4 filing. |
Keywords
Form 4, Community West Bancshares, CWBC, James J. Kim, Stock Transaction, Beneficial Ownership, Tax Withholding, Restricted Stock Awards
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.