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

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(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Plourd Martin E reported acquisition or exercise transactions in this Form 4 filing.

Community West Bancshares director Martin E. Plourd received a grant of restricted stock units as equity compensation. On May 6, 2026, he was awarded 1,451 RSUs, each representing a contingent right to receive one share of CWBC common stock. These RSUs vest on the anniversary of the grant date, and any cash dividends declared on the underlying shares will be withheld and paid to him only if and when the RSUs vest. The per‑unit grant value was $24.13, and following this award he holds 1,451 RSUs directly.

Positive

  • None.

Negative

  • None.
Insider Plourd Martin E
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 Grant-date value per restricted stock unit
RSUs outstanding after grant 1,451 units Total restricted stock units held directly after transaction
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
"and vests on the anniversary of the date of grant"
forfeiture financial
"will be subject to forfeiture to the same extent as the RSUs"
per RSU value financial
"The per RSU value on the date of grant was $24.13"
Form 4 Insider Transactions: What Each Field Means →
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*
Plourd Martin E
(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 Martin E. Plourd05/08/2026
** 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)

Source: View Original Filing on SEC EDGAR

FAQ

What did Community West Bancshares (CWBC) report in this Form 4?

Community West Bancshares reported that director Martin E. Plourd received a grant of 1,451 restricted stock units. Each RSU represents a contingent right to one share of CWBC common stock, vesting on the anniversary of the grant date.

How many restricted stock units did CWBC director Martin E. Plourd receive?

Martin E. Plourd received 1,451 restricted stock units from Community West Bancshares. These RSUs are a form of equity compensation and convert into an equal number of CWBC common shares if the vesting conditions are satisfied.

When do Martin E. Plourd’s CWBC restricted stock units vest?

The 1,451 restricted stock units granted to Martin E. Plourd vest on the anniversary of the grant date. Vesting means he will then receive CWBC common shares, assuming all vesting conditions are met and the award is not forfeited.

What is the value per restricted stock unit granted by CWBC?

The per-unit value of the restricted stock units granted to Martin E. Plourd was $24.13. This value reflects the grant-date valuation used for the RSU award and helps indicate the size of the equity compensation package.

How are dividends on CWBC restricted stock units treated for Martin E. Plourd?

Any cash dividends on the CWBC shares underlying the restricted stock units will be withheld by the company for Martin E. Plourd’s account. Those dividends are subject to the same forfeiture terms and will be paid to him only when the RSUs vest.