Director at Community West Bancshares (NASDAQ: CWBC) granted 1,451 RSUs as equity award

Rhea-AI Filing Summary

LOKEY JAMES W reported acquisition or exercise transactions in this Form 4 filing.

Community West Bancshares reported that director James W. Lokey received a grant of 1,451 restricted stock units (RSUs) on May 6, 2026. Each RSU represents a right to receive one share of common stock, vests on the grant anniversary, and had a per-unit value of $24.13. Following this grant, Lokey holds 1,451 RSUs directly.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider LOKEY JAMES W

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)

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Key Figures

RSUs granted: 1,451 units Per-RSU value: $24.13 RSUs held after grant: 1,451 units

3 metrics

RSUs granted 1,451 units Restricted stock units awarded on May 6, 2026

Per-RSU value $24.13 Value per RSU on the date of grant

RSUs held after grant 1,451 units Total RSUs directly held by James W. Lokey after transaction

Key Terms

Restricted Stock Unit, contingent right, vests, cash dividends

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.

contingent right financial

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

vests financial

"and vests on the anniversary of the date of grant"

cash dividends financial

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

Form 4 Insider Transactions: What Each Field Means →

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^*

LOKEY JAMES W

(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)

X	Director		10% 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)

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

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
Restricted Stock Unit	(1)	05/06/2026		A		1,451		(1)	(1)	CWBC - Common Stock	1,451	$0	1,451	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 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 James W. Lokey	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)

FAQ

What insider transaction did CWBC director James W. Lokey report?

James W. Lokey reported receiving a grant of 1,451 restricted stock units from Community West Bancshares. These RSUs are a form of equity compensation that convert into common shares if vesting conditions are met on the grant’s anniversary date.

How many restricted stock units were granted to the CWBC director?

The director received 1,451 restricted stock units from Community West Bancshares. Each RSU represents a contingent right to one share of common stock, giving him potential future ownership if the units vest as scheduled on the anniversary of the grant date.

What is the value of the RSU grant reported by CWBC’s director?

The per-unit value of the restricted stock units was $24.13 on the grant date. With 1,451 RSUs granted, the award’s value is based on the company’s share price and delivers actual shares only if the units fully vest over time.

When do the CWBC restricted stock units granted to James W. Lokey vest?

The restricted stock units vest on the anniversary of the grant date. Once vesting occurs, each RSU converts into one share of Community West Bancshares common stock, provided the director continues to satisfy the vesting conditions outlined in the award.

How are cash dividends on CWBC RSUs treated for the director?

Any cash dividends on the RSUs are withheld by Community West Bancshares for the director’s account. These dividends are subject to the same forfeiture terms as the RSUs and are paid out only when the RSUs successfully vest to the director.

What are James W. Lokey’s holdings after this CWBC RSU grant?

After the transaction, James W. Lokey holds 1,451 restricted stock units directly. Each unit represents a contingent right to receive one share of Community West Bancshares common stock, which he will obtain only if the units vest on the grant anniversary.