CWBC EVP has shares withheld for taxes

Community West Bancshares Executive Vice President Jeffrey Michael Martin reported a routine tax-related share withholding.

Rhea-AI Filing Summary

Community West Bancshares Executive Vice President Jeffrey Michael Martin reported a routine tax-related share withholding. On the vesting of 2,021 restricted shares from a May 30, 2024 Restricted Stock Award, 726 shares of common stock were withheld by the company to satisfy tax withholding obligations.

Following this tax-withholding disposition, Martin directly holds 22,471.8163 shares of Community West Bancshares common stock. This was not an open-market purchase or sale, but an administrative step tied to equity compensation vesting.

Insider Trade Summary

Exercise Price or Tax Liability: 726 shares

Exercise Price or Tax Liability 1 txn

Insider MARTIN JEFFREY MICHAEL

Role EXECUTIVE VICE PRESIDENT

Type	Security	Shares	Price	Value
Exercise Price or Tax Liability	CWBC - Common Stock	726	$24.01	$17K

Holdings After Transaction: CWBC - Common Stock — 22,471.8163 shares (Direct)

Footnotes (1)

1. F1. Represents shares withheld by Community West Bancshares to satisfy tax withholding obligations in connection with the vesting of 2,021 restricted shares from a Restricted Stock Award granted May 30, 2024.

Key Figures

Shares withheld for taxes: 726 shares Vested restricted shares: 2,021 shares Price per share used for withholding: $24.01 per share +1 more

4 metrics

Shares withheld for taxes 726 shares Withheld to satisfy tax withholding obligations

Vested restricted shares 2,021 shares Restricted Stock Award granted May 30, 2024

Price per share used for withholding $24.01 per share Value applied to 726 withheld shares

Shares held after transaction 22,471.8163 shares Direct ownership following tax-withholding disposition

Key Terms

tax withholding obligations, Restricted Stock Award, restricted shares, tax-withholding disposition

4 terms

tax withholding obligations financial

"Represents shares withheld by Community West Bancshares to satisfy tax withholding obligations in connection with the vesting"

Restricted Stock Award financial

"in connection with the vesting of 2,021 restricted shares from a Restricted Stock Award granted May 30, 2024"

A restricted stock award is company shares given to an employee or executive that cannot be sold or fully owned until certain conditions—like staying with the company for a set time or hitting performance targets—are met. Think of it as a gift that only becomes yours after you fulfill specific obligations; for investors, these awards matter because they can increase the total shares outstanding when they vest, reveal how management is being paid and motivated, and create potential selling pressure when restrictions lift.

restricted shares financial

"the vesting of 2,021 restricted shares from a Restricted Stock Award granted May 30, 2024"

Restricted shares are company stock that cannot be sold or transferred immediately because they are subject to legal or contractual limits, such as a required holding period or performance conditions. They matter to investors because these locked-up shares can affect a company’s available stock for trading, future dilution, and insider incentives—imagine a gift that can’t be cashed until certain conditions are met, which changes when and how much supply can suddenly enter the market.

tax-withholding disposition financial

"transaction_action: "tax-withholding disposition" for this Form 4 entry"

A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did CWBC executive Jeffrey Michael Martin report?

Jeffrey Michael Martin reported a tax-related share withholding. Community West Bancshares withheld 726 common shares to cover tax obligations when 2,021 restricted shares from a May 30, 2024 Restricted Stock Award vested, a standard administrative equity compensation event.

Did CWBC executive Jeffrey Michael Martin sell shares on the open market?

No, the filing shows no open-market sale. Instead, 726 CWBC common shares were withheld by the company to satisfy tax withholding obligations related to the vesting of 2,021 restricted shares from a prior Restricted Stock Award grant.

How many CWBC shares were withheld for Jeffrey Michael Martin’s taxes?

The filing reports that 726 shares of Community West Bancshares common stock were withheld. These shares covered tax withholding obligations triggered by the vesting of 2,021 restricted shares granted on May 30, 2024 under a Restricted Stock Award.

How many CWBC shares does Jeffrey Michael Martin hold after this transaction?

After the tax-withholding disposition, Jeffrey Michael Martin directly holds 22,471.8163 shares of Community West Bancshares common stock. This figure reflects his position following the 726 shares withheld to cover tax obligations on vested restricted stock.

What triggered the tax-withholding disposition reported for CWBC’s executive?

The disposition was triggered by the vesting of 2,021 restricted shares from a Restricted Stock Award granted on May 30, 2024. To satisfy related tax withholding obligations, Community West Bancshares withheld 726 common shares from Executive Vice President Jeffrey Michael Martin.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 06/01/2026 - 01:49 PM EDT Learn about SEC filing dates

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^*

MARTIN JEFFREY MICHAEL

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EXECUTIVE VICE PRESIDENT

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/30/2026

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

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
CWBC - Common Stock	05/30/2026		F		726(1)	D	$24.01	22,471.8163	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. Represents shares withheld by Community West Bancshares to satisfy tax withholding obligations in connection with the vesting of 2,021 restricted shares from a Restricted Stock Award granted May 30, 2024.

Remarks:

	/s/ Shannon R. Livingston, Attorney-in- Fact for Jeffrey M. Martin	06/01/2026
	** 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.
* Form 4: SEC 1474 (03-26)