STOCK TITAN

Community West Bancshares (CWBC) grants EVP 4,974 restricted stock units

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

Rhea-AI Filing Summary

MARTIN JEFFREY MICHAEL reported acquisition or exercise transactions in this Form 4 filing.

Community West Bancshares reported that Executive Vice President Jeffrey Michael Martin received a grant of 4,974 restricted stock units (RSUs) on May 6, 2026. Each RSU represents a contingent right to receive one share of Community West common stock.

The RSUs vest in three equal annual installments on each anniversary of the grant date, tying the award to continued service over time. Cash dividends, if any, on these RSUs will be withheld for his account, subject to the same forfeiture conditions as the RSUs, and will be paid only when the units vest.

Positive

  • None.

Negative

  • None.
Insider MARTIN JEFFREY MICHAEL
Role EXECUTIVE VICE PRESIDENT
Type Security Shares Price Value
Grant/Award Restricted Stock Unit 4,974 $0.00 --
Holdings After Transaction: Restricted Stock Unit — 4,974 shares (Direct, null)
Footnotes (1)
  1. [object Object]
RSUs granted 4,974 units Restricted stock units granted on May 6, 2026
Per RSU value $24.13 per RSU Value on the grant date
RSUs representing common stock 4,974 shares Each RSU equals one share of CWBC common stock
RSUs held after grant 4,974 units Total restricted stock units following this transaction
Restricted Stock Unit financial
"Each restricted stock unit (RSU) represents a contingent right to receive one share of the Issuer common stock"
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
"Cash dividends on RSUs, if any, will be withheld by the Issuer for the account of the Reporting Person"
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.
contingent right financial
"Each restricted stock unit (RSU) represents a contingent right to receive one share of the Issuer common stock"
vests in three equal installments financial
"and vests in three equal installments each year on the anniversary date of grant"
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*
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)
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)05/06/2026A4,974 (1) (1)CWBC - Common Stock4,974$04,974D
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 Jeffrey M. Martin05/08/2026
** 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 insider transaction did Community West Bancshares (CWBC) report?

Community West Bancshares reported a grant of 4,974 restricted stock units to Executive Vice President Jeffrey Michael Martin. The award represents stock-based compensation that vests over time, rather than an open-market purchase or sale of existing CWBC shares.

How many RSUs did the Community West Bancshares (CWBC) executive receive?

Executive Vice President Jeffrey Michael Martin received 4,974 restricted stock units. These RSUs each correspond to one share of Community West common stock, subject to vesting conditions and potential forfeiture if those conditions, including continued service, are not fully satisfied.

What is the vesting schedule for the CWBC restricted stock units?

The 4,974 RSUs vest in three equal annual installments on each anniversary of the May 6, 2026 grant date. This means the award is spread over three years, encouraging ongoing employment and alignment with Community West Bancshares’ longer-term performance.

How are dividends on the Community West Bancshares (CWBC) RSUs treated?

Any cash dividends on these CWBC RSUs will be withheld by the issuer for the executive’s account. They are subject to the same forfeiture conditions as the RSUs and will only be paid out when and if the underlying units actually vest.

What was the per-unit value of the CWBC restricted stock units granted?

The per-unit value of the restricted stock units on the grant date was $24.13. This figure reflects the value assigned to each RSU at the time of grant, providing a reference point for the compensation value awarded to the executive.