Community West Bancshares (CWBC) president buys 282 company shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Community West Bancshares president Martin E. Plourd reported buying 282 shares of CWBC common stock in an open-market transaction at $20.65 per share. The shares were purchased as part of the Company's ESPP plan, bringing his directly held stake to 112,536 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 282 shares ($5,823)
Net Buy
1 txn
Insider
Plourd Martin E
Role
PRESIDENT
Bought
282 shs ($6K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | CWBC - Common Stock | 282 | $20.65 | $6K |
Holdings After Transaction:
CWBC - Common Stock — 112,536 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did CWBC president Martin E. Plourd report?
Martin E. Plourd reported an open-market purchase of CWBC common stock. He bought 282 shares in a single transaction, and the filing notes the shares were acquired as part of the Company’s ESPP plan rather than being a discretionary sale or disposition.
What does the CWBC Form 4 say about the ESPP plan purchase?
A footnote explains that the 282 shares were purchased as part of the Company’s ESPP plan. This indicates the acquisition occurred through the company’s established program, and the filing does not mention any indirect ownership, separate entity, or disclaimer of beneficial ownership for these specific shares.
Is the CWBC insider transaction a buy or a sell?
The transaction is a buy. It is labeled with transaction code P for a purchase in an open-market or private transaction, and the normalized data describe it as an open-market purchase, with the transaction_direction field explicitly identifying it as a buy of CWBC common stock.