Community West Bancshares (CWBC) director receives 1,451 restricted stock units as equity grant

Rhea-AI Filing Summary

Community West Bancshares director Steven D. McDonald received a grant of 1,451 restricted stock units (RSUs) on CWBC common stock as equity compensation. Each RSU represents the right to receive one share of common stock and vests on the anniversary of the grant date.

Cash dividends on these RSUs, if any, will be withheld for his account, are subject to the same forfeiture conditions as the RSUs, and will be paid upon vesting. Following this grant, McDonald holds 1,451 RSUs directly, with no related sales or option exercises reported in this filing.

Insights

Equity compensation analyst

Routine director equity grant of 1,451 RSUs with time-based vesting.

Director Steven D. McDonald received 1,451 restricted stock units, each representing one future share of Community West Bancshares common stock. The grant is compensation-related, carries a per-unit grant-date value of $24.13, and involves no cash outlay or market purchase by the director.

The RSUs vest on the anniversary of the grant date, so value to McDonald depends on continued service and future share price. Cash dividends on the RSUs will be held, may be forfeited in parallel with the RSUs, and will be paid only when units vest.

This filing shows an acquisition via grant rather than an open-market trade, and no sales, tax-withholding dispositions, or remaining option positions are reported. It is best viewed as a standard component of director compensation, with limited signaling value for the company’s near-term outlook.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider STEVEN MCDONALD D

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Restricted Stock Unit	1,451	$0.00	$0.00

Holdings After Transaction: Restricted Stock Unit — 1,451 shares (Direct)

Footnotes (1)

1. F1. Each restricted stock unit (RSU) represents a contingent right to receive one share of the Issuer common stock and vests on the anniversary of the date of grant. Cash dividends on RSUs, if any, will be withheld by the Issuer for the account of the Reporting Person, will be subject to forfeiture to the same extent as the RSUs, and will be paid to the Reporting Person upon vesting of the RSUs. The per RSU value on the date of grant was $24.13.

Key Figures

RSUs granted: 1,451 units Per-RSU grant value: $24.13 per unit RSUs after transaction: 1,451 units

3 metrics

RSUs granted 1,451 units Restricted stock units granted on May 6, 2026

Per-RSU grant value $24.13 per unit Grant-date value of each RSU

RSUs after transaction 1,451 units Total RSUs held following the grant

Key Terms

Restricted Stock Unit, RSU, contingent right, vests, +1 more

5 terms

Restricted Stock Unit financial

"Each restricted stock unit (RSU) represents a contingent right to receive one share"

A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.

RSU financial

"Cash dividends on RSUs, if any, will be withheld by the Issuer"

Restricted stock units (RSUs) are a form of company shares given to employees as part of their compensation, usually with certain restrictions or conditions, such as remaining with the company for a set period. When these restrictions lift, employees receive actual shares that they can sell or hold. For investors, RSUs can impact a company's stock supply and reflect the company's commitment to attracting and retaining talent.

contingent right financial

"represents a contingent right to receive one share of the Issuer common stock"

vests financial

"and vests on the anniversary of the date of grant"

forfeiture financial

"will be subject to forfeiture to the same extent as the RSUs"

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Form 4 Insider Transactions: What Each Field Means →

Accepted by SEC EDGAR 05/08/2026 - 05:49 PM Learn about SEC filing dates

FAQ

What did Community West Bancshares (CWBC) report in this Form 4 filing?

Community West Bancshares reported that director Steven D. McDonald received a grant of 1,451 restricted stock units. These RSUs are equity compensation tied to CWBC common stock and will convert into shares if vesting conditions are satisfied over time.

How many restricted stock units did the CWBC director receive and at what value?

Director Steven D. McDonald received 1,451 restricted stock units in this grant. Each RSU had a grant-date value of $24.13, providing stock-based compensation that aligns his interests with shareholders without requiring him to buy shares in the market.

When do Steven D. McDonald’s CWBC restricted stock units vest?

The 1,451 CWBC restricted stock units granted to Steven D. McDonald vest on the anniversary of the grant date. Vesting means the units convert into actual shares of common stock, assuming any service or forfeiture conditions are fully met at that time.

How are cash dividends on CWBC RSUs treated for this director grant?

Any cash dividends on the RSUs will be withheld by Community West Bancshares for Steven D. McDonald’s account. These dividends are subject to forfeiture under the same conditions as the RSUs and are paid to him only when the underlying units successfully vest.

Did Steven D. McDonald buy or sell CWBC shares in the market in this filing?

No market purchases or sales were reported in this Form 4. The transaction reflects an acquisition of 1,451 restricted stock units as compensation, not an open-market trade, and McDonald’s direct holdings after the grant equal the 1,451 RSUs reported.

What is Steven D. McDonald’s CWBC equity position after this RSU grant?

Following the grant, Steven D. McDonald holds 1,451 restricted stock units tied to CWBC common stock. These units represent a contingent right to receive an equal number of shares, subject to vesting on the grant’s anniversary and applicable forfeiture conditions.

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^*

STEVEN MCDONALD D

(Last) (First) (Middle)

2971 SOUTH MACDONOUGH AVE

(Street)

SANGER CALIFORNIA 93657

(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)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/06/2026

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)
			Code	V	Amount	(A) or (D)	Price

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Unit	(1)	05/06/2026		A		1,451		(1)	(1)	CWBC - Common Stock	1,451	$0	1,451	D

Explanation of Responses:

1. Each restricted stock unit (RSU) represents a contingent right to receive one share of the Issuer common stock and vests on the anniversary of the date of grant. Cash dividends on RSUs, if any, will be withheld by the Issuer for the account of the Reporting Person, will be subject to forfeiture to the same extent as the RSUs, and will be paid to the Reporting Person upon vesting of the RSUs. The per RSU value on the date of grant was $24.13.

Remarks:

	/s/ Shannon R. Livingston, Attorney-in-Fact for Steven D. McDonald	05/08/2026
	** 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)