Form 4: Community West Bancshares Executive Vice President Jeffrey Martin Reports Stock Transaction
SEC Form 4 Filing
Jeffrey Michael Martin, Executive Vice President of Community West Bancshares, reports disposition of shares to cover tax obligations related to vesting restricted stock.
Summary
- On May 19, 2025, Jeffrey Michael Martin, an Executive Vice President at Community West Bancshares, reported a transaction involving the company's common stock.
- Martin disposed of 601 shares at a price of $18.41 per share to satisfy tax withholding obligations related to the vesting of restricted stock.
- Following the transaction, Martin directly owns 25,089.8163 shares of Community West Bancshares.
- The shares were withheld by Community West Bancshares to cover tax obligations associated with the vesting of 1,678 restricted shares granted on May 17, 2023.
Sentiment
Score: 5
Explanation: The document reflects a routine transaction related to executive compensation and tax obligations, with no indication of unusual or concerning activity. Therefore, the sentiment is neutral.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a standard practice of covering tax obligations related to stock vesting.
Key Dates
| Date | Description |
|---|---|
| 05/17/2023 | Date of Restricted Stock Award grant (1,678 shares). |
| 05/19/2025 | Date of stock transaction (disposal of 601 shares). |
| 05/21/2025 | Date of signature on the Form 4 filing. |
Keywords
Community West Bancshares, CWBC, Jeffrey Michael Martin, Executive Vice President, Form 4, Stock Transaction, Beneficial Ownership, Restricted Stock, Tax Withholding
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