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Goleta Today
By the People, for the People
Community West Bancshares CEO Purchases Over $22,000 in Stock
The insider transaction represents a nearly 2% increase in the CEO's stake in the company.
Published on Mar. 5, 2026
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James Kim, the CEO of Community West Bancshares (NASDAQ:CWBC), acquired 1,089 shares of the company's stock in a transaction on February 27th. The shares were purchased at an average price of $20.65 per share, for a total transaction value of $22,487.85. This transaction increased Kim's ownership stake in the company by 1.89% to a total of 58,849 shares valued at approximately $1.2 million.
Why it matters
Insider buying activity can be a signal of management's confidence in a company's future prospects. Kim's purchase of over $22,000 in shares demonstrates his belief in Community West Bancshares' potential and aligns his personal financial interests with those of shareholders.
The details
The transaction was disclosed in a filing with the Securities and Exchange Commission. Community West Bancshares is a bank holding company headquartered in Goleta, California that offers commercial and consumer banking services through its wholly-owned subsidiary, Community West Bank.
- The stock purchase transaction occurred on Friday, February 27th.
The players
James Kim
The CEO of Community West Bancshares.
Community West Bancshares
A bank holding company headquartered in Goleta, California that offers commercial and consumer banking services.
The takeaway
The CEO's insider purchase of over $22,000 in Community West Bancshares stock signals his confidence in the company's future performance and aligns his interests with those of shareholders.
