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

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Form Type

Rhea-AI Filing Summary

GILL JAGROOP reported acquisition or exercise transactions in this Form 4 filing.

Community West Bancshares director Jagroop Gill received a grant of 1,451 restricted stock units (RSUs) on the company’s common stock. The RSUs were awarded at a per-unit value of $24.13 and represent a contingent right to receive an equal number of shares.

The RSUs vest on the anniversary of the grant date, and cash dividends on these units, if any, will be withheld for Gill’s account and paid only when the RSUs vest. Following this grant, Gill holds 1,451 RSUs directly.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider GILL JAGROOP

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)

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 Grant-date RSU value: $24.13 per unit RSUs after transaction: 1,451 units +1 more

4 metrics

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

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

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

Underlying common shares 1,451 shares Each RSU represents one share of CWBC common stock

Key Terms

Restricted Stock Unit, RSU, contingent right, cash dividends

4 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

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

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"

cash dividends financial

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

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 - 05:43 PM

FAQ

What insider transaction did Community West Bancshares (CWBC) report?

Community West Bancshares reported a grant of 1,451 restricted stock units to director Jagroop Gill. These RSUs are compensation-related awards rather than open-market share purchases or sales.

How many RSUs did Jagroop Gill receive from Community West Bancshares?

Jagroop Gill received 1,451 restricted stock units from Community West Bancshares. Each RSU represents a contingent right to receive one share of CWBC common stock upon vesting, making the grant tied directly to future share delivery.

When do Jagroop Gill’s Community West Bancshares RSUs vest?

Jagroop Gill’s restricted stock units vest on the anniversary of the grant date. Vesting means the RSUs convert into shares of Community West Bancshares common stock, provided any applicable service or other conditions are satisfied at that time.

What is the grant-date value of the Community West Bancshares RSUs?

The per-RSU value on the grant date was $24.13. This figure reflects the value the company used for the award, helping investors gauge the approximate dollar size of the equity compensation granted to director Jagroop Gill.

How are dividends on Community West Bancshares RSUs handled for Jagroop Gill?

Any cash dividends on the RSUs will be withheld by Community West Bancshares for Jagroop Gill’s account. Those dividends are subject to forfeiture like the RSUs themselves and are paid only when the RSUs vest successfully.

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^*

GILL JAGROOP

(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)

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 Jagroop Gill	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