[Form 4] Community West Bancshares Insider Trading Activity

Rhea-AI Filing Summary

Community West Bancshares (CWBC) reporting person Avrett Shannon R, listed as Executive Vice President, purchased 118 shares of Company common stock on 08/29/2025 at a price of $16.02 per share under the company’s employee stock purchase plan (ESPP). Following the purchase the reporting person beneficially owned 21,298 shares, held directly. The Form 4 was signed on 09/02/2025. The filing identifies the transaction code P, and the filer checked that this was a single-reporting-person filing.

Positive

• Insider participation in the company's ESPP indicates alignment with employee compensation programs
• Timely and complete disclosure of transaction details, including price, date, and post-transaction ownership

Negative

• None.

Insights

Financial Analyst

TL;DR: Insider participation in the ESPP reflects routine, non-material insider buying; impact on valuation is negligible.

The Form 4 documents a small purchase of 118 shares at $16.02 under the company ESPP, increasing direct beneficial ownership to 21,298 shares. This is a routine employee-plan acquisition (transaction code P) rather than an open-market opportunistic buy by an executive. For investors, the purchase signals participation in company compensation programs but is not large enough to be material to CWBC’s capitalization or share float.

Corporate Governance Expert

TL;DR: Filing complies with Section 16 reporting; transaction appears procedural and consistent with ESPP rules.

The Form 4 contains required disclosures: reporting person identity, relationship to issuer as Executive Vice President, transaction date, price, number of shares acquired, and post-transaction ownership. The explanatory note confirms the shares were purchased via the Company’s ESPP. The timely signature (09/02/2025) follows the transaction date. There are no red flags such as large, unexplained disposals or off-market transfers.

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^*

Avrett Shannon R

(Last) (First) (Middle)

7100 N. FINANCIAL DRIVE, SUITE 101

(Street)

FRESNO CA 93720

(City) (State) (Zip)

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

3. Date of Earliest Transaction (Month/Day/Year)
08/29/2025

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

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

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

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
CWBC - Common Stock	08/29/2025		P		118(1)	A	$16.02	21,298	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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Shares were purchased as part of the Company's ESPP plan.

Remarks:

	/s/ Shannon R. Livingston	09/02/2025
	** 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.

FAQ

What did the CWBC insider purchase on the Form 4?

The reporting person purchased 118 shares of CWBC common stock on 08/29/2025 at $16.02 per share.

Who filed the Form 4 for CWBC and what is their role?

The Form 4 lists Avrett Shannon R as the reporting person and identifies the relationship as Executive Vice President.

How many CWBC shares does the reporting person own after the transaction?

After the reported purchase the reporting person beneficially owned 21,298 shares, held directly.

Was this purchase part of a company program?

Yes. The filing explanation states the shares were purchased as part of the Company’s ESPP (employee stock purchase plan).

When was the Form 4 signed?

The Form 4 bears a signature dated 09/02/2025.