STOCK TITAN

Community West Bancshares (CWBC) director makes bona fide gift of 1,300 shares

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

Rhea-AI Filing Summary

Community West Bancshares director Steven D. McDonald reported a bona fide gift of 1,300 shares of CWBC common stock on June 30, 2026. After this gift transfer, he directly holds 308,365 shares of the company’s common stock, indicating this was a relatively small, non-cash disposition.

Positive

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Insider STEVEN MCDONALD D
Role null
Type Security Shares Price Value
Gift CWBC - Common Stock 1,300 $0.00 --
Holdings After Transaction: CWBC - Common Stock — 308,365 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Shares gifted 1,300 shares Bona fide gift of CWBC common stock on June 30, 2026
Shares held after transaction 308,365 shares Direct holdings of Steven D. McDonald after gift
Gift price per share $0.00 per share Non-cash bona fide gift transfer
Gift transactions count 1 transaction Single bona fide gift reported in this filing
bona fide gift financial
"transaction_code_description": "Bona fide gift"
A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.
common stock financial
"CWBC - Common Stock"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Form 4 regulatory
"INSIDER FILING DATA (Form 4)"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
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Learn about SEC filing dates
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*
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)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/30/2026
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
CWBC - Common Stock06/30/2026G1,300D$0(1)308,365D
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
Explanation of Responses:
1. On June 30, 2026, Steven D. McDonald gifted and transferred 1,300 directly owned shares of CWBC common stock.
Remarks:
/s/ Shannon R. Livingston, Attorney-in-Fact for Steven D. McDonald07/01/2026
** 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) disclose?

Community West Bancshares reported that director Steven D. McDonald made a bona fide gift of 1,300 shares of CWBC common stock. This non-cash transfer was recorded on June 30, 2026, and is characterized as a gift rather than an open-market sale.

How many Community West Bancshares (CWBC) shares were gifted by the director?

The director gifted 1,300 shares of CWBC common stock. This transaction is classified as a bona fide gift at zero dollars per share, meaning no cash changed hands, and it functions as a personal transfer of ownership rather than a market trade.

How many CWBC shares does Steven D. McDonald hold after the gift?

After the reported gift, Steven D. McDonald directly holds 308,365 shares of Community West Bancshares common stock. This post-transaction balance shows that the 1,300-share gift represents a small portion of his overall direct ownership position in the company.

Was the Community West Bancshares (CWBC) insider transaction a sale?

No, the transaction was not a sale. It is coded as a bona fide gift, indicating that 1,300 shares of CWBC common stock were transferred without payment. This type of disposition generally reflects personal estate or charitable planning rather than market sentiment.

What does a bona fide gift of CWBC shares mean for investors?

A bona fide gift of shares means the insider transferred stock without receiving cash, often for personal, family, or charitable reasons. For investors, it usually carries little informational value about the insider’s view on Community West Bancshares’ business or stock prospects.