STOCK TITAN

Community West Bancshares (CWBC) grants EVP 2,694 RSUs

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

Rhea-AI Filing Summary

Stronks Timothy Joseph reported acquisition or exercise transactions in this Form 4 filing.

Community West Bancshares executive receives new stock-based award. Executive Vice President Timothy Joseph Stronks was granted 2,694 restricted stock units (RSUs), each representing one share of Community West Bancshares common stock.

The RSUs vest in three equal installments on each anniversary of the grant date, aligning compensation with longer-term company performance. Cash dividends on these RSUs, if any, will be withheld for his account, are subject to the same forfeiture terms as the RSUs, and will be paid upon vesting. Following this grant, Stronks holds 2,694 RSUs directly.

Positive

  • None.

Negative

  • None.
Insider Stronks Timothy Joseph
Role EXECUTIVE VICE PRESIDENT
Type Security Shares Price Value
Grant/Award Restricted Stock Unit 2,694 $0.00 --
Holdings After Transaction: Restricted Stock Unit — 2,694 shares (Direct, null)
Footnotes (1)
  1. [object Object]
RSUs granted 2,694 units Restricted stock unit award to EVP Stronks
Per-RSU value $24.13 Grant-date value per restricted stock unit
RSUs outstanding after grant 2,694 units Total RSUs held directly by Stronks post-transaction
Vesting schedule 3 equal annual installments RSUs vest each year on grant anniversary
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.
vests in three equal installments financial
"and vests in three equal installments each year on the anniversary date of grant"
cash dividends financial
"Cash dividends on RSUs, if any, will be withheld by the Issuer"
forfeiture financial
"will be subject to forfeiture to the same extent as the RSUs"
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*
Stronks Timothy Joseph

(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)
Director10% Owner
XOfficer (give title below)Other (specify below)
EXECUTIVE VICE PRESIDENT
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)05/06/2026A2,694 (1) (1)CWBC - Common Stock2,694$02,694D
Explanation of Responses:
1. Each restricted stock unit (RSU) represents a contingent right to receive one share of the Issuer common stock and vests in three equal installments each year on the anniversary 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 Timothy J. Stronks05/08/2026
** 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 did Community West Bancshares (CWBC) report in this Form 4 filing?

Community West Bancshares reported that Executive Vice President Timothy Joseph Stronks received a grant of 2,694 restricted stock units. These RSUs are a form of stock-based compensation that convert into common shares as they vest over time, aligning him with shareholders.

How many restricted stock units did CWBC grant to Executive Vice President Stronks?

Community West Bancshares granted Timothy Joseph Stronks 2,694 restricted stock units. Each RSU represents the right to receive one share of CWBC common stock upon vesting, giving him potential ownership if vesting conditions are satisfied over the scheduled period.

How do the CWBC restricted stock units granted to Stronks vest over time?

The 2,694 CWBC restricted stock units vest in three equal installments on each anniversary of the grant date. This means one-third of the award becomes earned each year over three years, encouraging longer-term retention and performance alignment for the executive.

What is the value per RSU in the Community West Bancshares grant?

The per-RSU value on the grant date was $24.13. This value reflects the price used to measure the grant’s compensation cost when awarded, helping investors understand the approximate dollar value of the 2,694 restricted stock units received by the executive.

How are cash dividends handled on the CWBC RSUs granted to Stronks?

Any cash dividends on these CWBC restricted stock units will be withheld by the company for Stronks’ account and are subject to forfeiture on the same terms as the RSUs. The withheld dividends will be paid to him only when the corresponding RSUs vest.

What is Stronks’ reported RSU holding after this CWBC Form 4 transaction?

After this transaction, Timothy Joseph Stronks is reported as directly holding 2,694 restricted stock units. These units convert into an equal number of Community West Bancshares common shares as they vest, providing potential future equity ownership tied to service and vesting conditions.