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Community West Bancshares (CWBC) director awarded 1,451 restricted stock units

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Form Type
4

Rhea-AI Filing Summary

STOVESAND KIRK reported acquisition or exercise transactions in this Form 4 filing.

Community West Bancshares director Kirk Stovesand received a grant of 1,451 restricted stock units (RSUs). The award was made on May 6, 2026 and represents a contingent right to receive an equal number of common shares. The RSUs vest on the anniversary of the grant date, and related cash dividends, if any, are withheld and paid only upon vesting.

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Insider STOVESAND KIRK
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)
  1. [object Object]
RSUs granted 1,451 units Restricted stock units granted on May 6, 2026
Per RSU value $24.13 per unit Value on the grant date for each RSU
RSUs after transaction 1,451 units Total restricted stock units held following the grant
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.
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 for the account of the Reporting Person"
forfeiture financial
"will be subject to forfeiture to the same extent as the RSUs"
Form 4 Insider Transactions: What Each Field Means →
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*
STOVESAND KIRK
(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)
XDirector10% 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)
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)05/06/2026A1,451 (1) (1)CWBC - Common Stock1,451$01,451D
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 Kirk B. Stovesand05/08/2026
** 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)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did Community West Bancshares (CWBC) report for Kirk Stovesand?

Community West Bancshares director Kirk Stovesand received a grant of 1,451 restricted stock units. These RSUs represent future rights to common shares, vesting on the anniversary of the May 6, 2026 grant date, and are a form of equity-based compensation.

How many restricted stock units did CWBC grant to director Kirk Stovesand?

Community West Bancshares granted Kirk Stovesand 1,451 restricted stock units. Each RSU is tied to one share of common stock, giving him a contingent future ownership interest that vests after one year, assuming continued service and satisfaction of the vesting conditions.

What is the value per restricted stock unit granted to CWBC director Kirk Stovesand?

The per-unit value of the restricted stock units granted to Kirk Stovesand was $24.13 on the grant date. This figure reflects the issuer’s valuation for the equity award and helps indicate the total notional value of the compensation granted through these RSUs.

When do Kirk Stovesand’s CWBC restricted stock units vest?

Kirk Stovesand’s restricted stock units vest on the anniversary of the May 6, 2026 grant date. Vesting means the contingent right to receive one share of Community West Bancshares common stock per RSU becomes earned, subject to any applicable forfeiture conditions.

How are cash dividends on CWBC restricted stock units for Kirk Stovesand treated?

Any cash dividends on Kirk Stovesand’s restricted stock units are withheld by Community West Bancshares for his account. These dividends are subject to the same forfeiture conditions as the RSUs and are paid out only when the RSUs themselves vest in the future.