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CU Bancorp's Chairman & CEO just disposed of 3,006 shares

David I Rainer, CU Bancorp's Chairman & CEO and a director of the company, recently disposed of 3,006 shares of the company. The disposals took place at $21.88 per share, on September 12, 2015. Rainer still owns 238,700 shares of the company. Rainer operates out of Encino, CA. Some additional info was provided as follows:

The Reporting Person is reporting the withholding by CU Bancorp of 3,006 shares of common stock to satisfy the reporting person's tax withholding obligations in connection with the vesting of 8,000 shares of restricted stock into common stock on September 12, 2015, in accordance with the vesting schedule set forth in the restricted stock grant. The Reporting Person is holding the remaining 4,994...