Community West Bancshares (CWBC) EVP reports 907-share tax withholding event

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Community West Bancshares Executive Vice President Shannon R. Livingston reported a routine compensation-related share withholding. On a transaction dated May 30, 2026, 907 shares of CWBC common stock were withheld by the company at $24.01 per share to cover tax obligations tied to vesting of 2,527 restricted shares from a prior Restricted Stock Award. After this non-market tax-withholding disposition, Livingston directly held 19,891 shares of CWBC common stock.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider LIVINGSTON SHANNON R

Role EXECUTIVE VICE PRESIDENT

Type	Security	Shares	Price	Value
Tax Withholding	CWBC - Common Stock	907	$24.01	$22K

Holdings After Transaction: CWBC - Common Stock — 19,891 shares (Direct, null)

Footnotes (1)

[object Object]

Key Figures

Shares withheld for taxes: 907 shares Withholding price per share: $24.01 per share Restricted shares vested: 2,527 shares +1 more

4 metrics

Shares withheld for taxes 907 shares Withheld to satisfy tax obligations on May 30, 2026

Withholding price per share $24.01 per share Value used for 907-share tax withholding

Restricted shares vested 2,527 shares Vesting from Restricted Stock Award granted May 30, 2024

Shares held after transaction 19,891 shares Direct CWBC common stock holdings after tax withholding

Key Terms

Restricted Stock Award, tax withholding obligations, tax-withholding disposition, Common Stock

4 terms

Restricted Stock Award financial

"in connection with the vesting of 2,527 restricted shares from a Restricted Stock Award granted May 30, 2024"

A restricted stock award is company shares given to an employee or executive that cannot be sold or fully owned until certain conditions—like staying with the company for a set time or hitting performance targets—are met. Think of it as a gift that only becomes yours after you fulfill specific obligations; for investors, these awards matter because they can increase the total shares outstanding when they vest, reveal how management is being paid and motivated, and create potential selling pressure when restrictions lift.

tax withholding obligations financial

"Represents shares withheld by Community West Bancshares to satisfy tax withholding obligations in connection with the vesting"

tax-withholding disposition financial

"transaction_action: "tax-withholding disposition""

A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.

Common Stock financial

"CWBC - Common Stock"

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google

Form 4 Insider Transactions: What Each Field Means →

06/01/2026 - 01:52 PM

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

LIVINGSTON SHANNON R

(Last)

(First)

(Middle)

7100 N. FINANCIAL DRIVE, SUITE 101

(Street)

FRESNO

CALIFORNIA

93720

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Community West Bancshares [ CWBC ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	EXECUTIVE VICE PRESIDENT

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/30/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
CWBC - Common Stock	05/30/2026		F		907⁽¹⁾	D	$24.01	19,891	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. Represents shares withheld by Community West Bancshares to satisfy tax withholding obligations in connection with the vesting of 2,527 restricted shares from a Restricted Stock Award granted May 30, 2024.

Remarks:

	/s/ Shannon R. Livingston	06/01/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What did Community West Bancshares (CWBC) report in this Form 4 for Shannon R. Livingston?

Community West Bancshares reported that Executive Vice President Shannon R. Livingston had 907 CWBC shares withheld to satisfy tax obligations on vesting of 2,527 restricted shares. This is a compensation-related tax-withholding event, not an open-market purchase or sale of stock.

How many Community West Bancshares (CWBC) shares were withheld for taxes in this filing?

The filing shows 907 CWBC common shares were withheld at $24.01 per share. These shares covered tax withholding obligations arising from the vesting of 2,527 restricted shares originally granted under a Restricted Stock Award dated May 30, 2024.

What triggered the tax-withholding transaction reported for CWBC’s Shannon R. Livingston?

The transaction was triggered by the vesting of 2,527 restricted shares from a Restricted Stock Award granted on May 30, 2024. To satisfy related tax withholding obligations, Community West Bancshares withheld 907 shares from Executive Vice President Shannon R. Livingston.

Does this CWBC Form 4 show an open-market sale by Shannon R. Livingston?

No, the Form 4 does not show an open-market sale. It reports a tax-withholding disposition, where 907 CWBC shares were withheld by the company to cover taxes on vested restricted stock. This is a standard mechanism for handling equity compensation taxes.

How many Community West Bancshares (CWBC) shares does Shannon R. Livingston hold after this transaction?

Following the tax-withholding disposition, Shannon R. Livingston directly held 19,891 CWBC common shares. This post-transaction holding reflects the remaining equity position after 907 shares were withheld to cover tax obligations on the vesting restricted stock.