Community West Bancshares (CWBC) director awarded 1,451 restricted stock units as equity pay

Q: What insider transaction did CWBC director Robert J. Flautt report on this Form 4?

He reported receiving a grant of 1,451 restricted stock units (RSUs) of Community West Bancshares common stock. This is a compensation-related award, not an open-market purchase or sale, and increases his equity-based stake in the company through contingent rights.

Q: How do the 1,451 CWBC restricted stock units granted to Robert J. Flautt work?

Each RSU represents a contingent right to receive one CWBC share and vests on the anniversary of the grant date. Until vesting, the units can be forfeited, so he does not yet own the underlying common shares outright.

Q: What was the value of the CWBC RSU award granted to Robert J. Flautt?

The per-unit value of the RSU grant was $24.13 on the grant date. With 1,451 RSUs awarded, this reflects the company’s share value used to measure the director’s stock-based compensation for this particular grant.

Q: Does the CWBC RSU grant to Robert J. Flautt involve any open-market buying or selling?

No. The Form 4 describes a grant/award acquisition of RSUs coded as transaction type “A,” not a market trade. The director did not buy shares in the market or sell existing holdings as part of this reported transaction.

Q: What happens to cash dividends on the CWBC RSUs granted to Robert J. Flautt?

Any cash dividends on these RSUs will be withheld by Community West Bancshares for his account and are subject to the same forfeiture conditions. They will only be paid to him upon vesting of the underlying RSUs, aligning dividend benefits with actual vesting.

Q: How many CWBC restricted stock units does Robert J. Flautt hold after this transaction?

Following the reported grant, he holds 1,451 restricted stock units directly. These RSUs correspond to potential future shares of Community West Bancshares common stock, contingent on vesting conditions being satisfied over time.

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Flautt Robert j reported acquisition or exercise transactions in this Form 4 filing.

Director Robert J. Flautt received a grant of 1,451 restricted stock units (RSUs) of Community West Bancshares on May 6, 2026. Each RSU represents a right to receive one share of CWBC common stock and vests on the anniversary of the grant date.

The RSUs were awarded at a per-unit value of $24.13 and are subject to forfeiture until they vest. Any cash dividends on these RSUs will be withheld for his account and paid only upon vesting. After this award, he holds 1,451 RSUs directly, with no open-market buying or selling involved.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Flautt Robert j

Role null

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

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

Footnotes (1)

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Key Figures

RSUs granted: 1,451 units Per RSU value: $24.13 RSUs held after grant: 1,451 units

3 metrics

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

Per RSU value $24.13 Value per restricted stock unit on grant date

RSUs held after grant 1,451 units Total restricted stock units directly held post-transaction

Key Terms

Restricted Stock Unit, contingent right, vests, forfeiture, +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.

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"

cash dividends financial

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

Form 4 Insider Transactions: What Each Field Means →

05/08/2026 - 05:48 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^*

Flautt Robert j

(Last)

(First)

(Middle)

905 SUTTER ST. #100

(Street)

FOLSOM

CALIFORNIA

95630

(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)
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)

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)
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 Robert J. Flautt	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)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did CWBC director Robert J. Flautt report on this Form 4?

He reported receiving a grant of 1,451 restricted stock units (RSUs) of Community West Bancshares common stock. This is a compensation-related award, not an open-market purchase or sale, and increases his equity-based stake in the company through contingent rights.

How do the 1,451 CWBC restricted stock units granted to Robert J. Flautt work?

Each RSU represents a contingent right to receive one CWBC share and vests on the anniversary of the grant date. Until vesting, the units can be forfeited, so he does not yet own the underlying common shares outright.

What was the value of the CWBC RSU award granted to Robert J. Flautt?

The per-unit value of the RSU grant was $24.13 on the grant date. With 1,451 RSUs awarded, this reflects the company’s share value used to measure the director’s stock-based compensation for this particular grant.

Does the CWBC RSU grant to Robert J. Flautt involve any open-market buying or selling?

No. The Form 4 describes a grant/award acquisition of RSUs coded as transaction type “A,” not a market trade. The director did not buy shares in the market or sell existing holdings as part of this reported transaction.

What happens to cash dividends on the CWBC RSUs granted to Robert J. Flautt?

Any cash dividends on these RSUs will be withheld by Community West Bancshares for his account and are subject to the same forfeiture conditions. They will only be paid to him upon vesting of the underlying RSUs, aligning dividend benefits with actual vesting.

How many CWBC restricted stock units does Robert J. Flautt hold after this transaction?

Following the reported grant, he holds 1,451 restricted stock units directly. These RSUs correspond to potential future shares of Community West Bancshares common stock, contingent on vesting conditions being satisfied over time.