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

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

DOYLE DANIEL J reported acquisition or exercise transactions in this Form 4 filing.

Community West Bancshares director Daniel J. Doyle received a compensation award of restricted stock units. On May 6, 2026, he was granted 1,451 RSUs, each representing a contingent right to receive one share of common stock, with a per-unit grant date value of $24.13.

The RSUs vest on the anniversary of the grant date. Any cash dividends on these RSUs will be withheld for his account, are subject to the same forfeiture conditions as the RSUs, and will be paid only upon vesting. Following this award, Doyle holds 1,451 derivative RSUs directly.

Positive

  • None.

Negative

  • None.
Insider DOYLE DANIEL 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)
  1. [object Object]
RSUs granted 1,451 units Restricted stock units granted on May 6, 2026
Per RSU value $24.13 per unit Grant date value per RSU
RSUs after transaction 1,451 units Total derivative RSUs held directly after grant
Transaction code A (grant, award, or other acquisition) Indicates compensation-related acquisition of RSUs
Underlying shares per RSU 1 share of common stock Each RSU represents one CWBC common share upon vesting
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 on the anniversary of the date of grant financial
"RSU represents a contingent right ... and vests on the anniversary of the date of grant"
forfeiture financial
"Cash dividends on RSUs, if any, will be withheld ... and will be subject to forfeiture"
cash dividends on RSUs financial
"Cash dividends on RSUs, if any, will be withheld by the Issuer"
SEC Form 4
FORM 4UNITED 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*
DOYLE DANIEL J

(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)
XDirector10% 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)
XForm 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)
CodeVAmount(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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Unit(1)05/06/2026A1,451 (1) (1)CWBC - Common Stock1,451$01,451D
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 Daniel J. Doyle05/08/2026
** Signature of Reporting PersonDate
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)

FAQ

What insider transaction did Community West Bancshares (CWBC) report for Daniel J. Doyle?

Community West Bancshares reported that director Daniel J. Doyle received a grant of 1,451 restricted stock units. Each RSU represents a contingent right to receive one share of CWBC common stock, awarded as compensation rather than through an open-market purchase or sale.

How many restricted stock units were granted to the CWBC director in this Form 4?

The Form 4 shows a grant of 1,451 restricted stock units to director Daniel J. Doyle. These units are derivative securities tied to CWBC common stock and increase his derivative holdings to 1,451 RSUs following the reported transaction.

What is the value per restricted stock unit granted to the CWBC director?

The per restricted stock unit value on the grant date was $24.13. This figure reflects the grant date value assigned to each RSU, which represents a contingent right to receive one share of Community West Bancshares common stock upon vesting.

When do Daniel J. Doyle’s CWBC restricted stock units vest?

The restricted stock units granted to Daniel J. Doyle vest on the anniversary of the grant date. Vesting means he becomes entitled to receive one share of Community West Bancshares common stock for each RSU that has satisfied the time-based vesting condition.

How are cash dividends on the CWBC restricted stock units treated?

Any cash dividends on the restricted stock units will be withheld by Community West Bancshares for Daniel J. Doyle’s account. These dividends are subject to forfeiture on the same basis as the RSUs and are payable to him only when the underlying RSUs vest.