RSU grant for Community West (CWBC) executive VP Livingston

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

LIVINGSTON SHANNON R reported acquisition or exercise transactions in this Form 4 filing.

Community West Bancshares reported that Executive Vice President Shannon R. Livingston received a grant of 5,181 restricted stock units (RSUs) on May 6, 2026. Each RSU represents one share of common stock and had a per-unit value of $24.13 on the grant date.

The RSUs vest in three equal annual installments on each anniversary of the grant date. Cash dividends, if any, will be withheld and paid to Livingston only when the corresponding RSUs vest. Following this award, Livingston holds 5,181 RSUs directly.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider LIVINGSTON SHANNON R

Role EXECUTIVE VICE PRESIDENT

Type	Security	Shares	Price	Value
Grant/Award	Restricted Stock Unit	5,181	$0.00	--

Holdings After Transaction: Restricted Stock Unit — 5,181 shares (Direct, null)

Footnotes (1)

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Key Figures

RSUs granted: 5,181 units Per RSU value: $24.13 RSUs after transaction: 5,181 units +1 more

4 metrics

RSUs granted 5,181 units Restricted stock units granted to EVP on May 6, 2026

Per RSU value $24.13 Grant-date value per restricted stock unit

RSUs after transaction 5,181 units Total RSUs held directly by Livingston following the award

Vesting schedule 3 equal annual installments Vests on each anniversary of the May 6, 2026 grant date

Key Terms

Restricted Stock Unit, vests in three equal installments, cash dividends on RSUs, contingent right

4 terms

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.

vests in three equal installments financial

"and vests in three equal installments each year on the anniversary date of grant"

cash dividends on RSUs financial

"Cash dividends on RSUs, if any, will be withheld by the Issuer for the account"

contingent right financial

"represents a contingent right to receive one share of the Issuer common stock"

Form 4 Insider Transactions: What Each Field Means →

05/08/2026 - 06:00 PM

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^*

LIVINGSTON SHANNON R

(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)
05/06/2026

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Restricted Stock Unit	⁽¹⁾	05/06/2026		A		5,181		⁽¹⁾	⁽¹⁾	CWBC - Common Stock	5,181	$0	5,181	D

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	05/08/2026
	** 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)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did CWBC executive Shannon Livingston report?

Executive Vice President Shannon R. Livingston reported receiving 5,181 restricted stock units from Community West Bancshares. The RSUs were granted on May 6, 2026, as a compensation award and each unit represents the right to receive one share of CWBC common stock upon vesting.

How many restricted stock units did CWBC grant to its executive?

Community West Bancshares granted 5,181 restricted stock units to Executive Vice President Shannon R. Livingston. These units vest in three equal annual installments on each anniversary of the May 6, 2026 grant date, aligning the executive’s compensation with longer-term company performance and share value.

What are the vesting terms of Shannon Livingston’s CWBC RSU grant?

The 5,181 RSUs granted to Shannon R. Livingston vest in three equal installments. Each installment becomes earned on the annual anniversary of the May 6, 2026 grant date, meaning full vesting occurs over three years, subject to the applicable continued service and award conditions.

How are cash dividends on CWBC RSUs treated for this grant?

Any cash dividends on the RSUs will be withheld by Community West Bancshares for Shannon Livingston’s account. These dividends are subject to forfeiture on the same basis as the RSUs and are only paid to Livingston when the related RSUs successfully vest under the award terms.

What was the per-unit value of the CWBC RSUs granted to the executive?

The per restricted stock unit value on the grant date was $24.13. This value reflects the worth assigned to each of the 5,181 RSUs granted to Executive Vice President Shannon R. Livingston as of May 6, 2026, when the compensation award was approved.

How many CWBC RSUs does Shannon Livingston hold after this transaction?

After this grant, Shannon R. Livingston holds 5,181 restricted stock units directly. The filing shows this as the total derivative holdings following the transaction, indicating this award established the current RSU position reported for the Community West Bancshares executive.