Director Elliott Frank T. IV granted 1,451 RSUs at Community West Bancshares (CWBC)

Rhea-AI Filing Summary

Elliott Frank T. IV reported acquisition or exercise transactions in this Form 4 filing.

Community West Bancshares director Elliott Frank T. IV received a grant of 1,451 restricted stock units (RSUs). The RSUs were awarded on May 6, 2026, with each RSU representing a contingent right to receive one share of Community West Bancshares common stock upon vesting.

The RSUs vest on the anniversary of the grant date. Cash dividends on the RSUs, if any, will be withheld for his account, remain subject to forfeiture on the same terms as the RSUs, and be paid only when the RSUs vest. Following this award, he holds 1,451 RSUs directly.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Elliott Frank T. IV

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 per unit RSUs after transaction: 1,451 units

3 metrics

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

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

RSUs after transaction 1,451 units Total RSU holdings following the transaction

Key Terms

Restricted Stock Unit, RSU, contingent right, forfeiture

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.

RSU financial

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

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

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

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 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^*

Elliott Frank T. IV

(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 Frank T. Elliott IV	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 did Elliott Frank T. IV receive in this Community West Bancshares (CWBC) Form 4?

He received a grant of 1,451 restricted stock units (RSUs), each representing a contingent right to one share of Community West Bancshares common stock. The grant is compensation-related and was reported as an acquisition under transaction code A for grant or award.

When do the RSUs granted to Elliott Frank T. IV at Community West Bancshares vest?

The RSUs vest on the anniversary of the grant date. This means one year after the May 6, 2026 grant, the units are scheduled to vest, subject to any applicable forfeiture conditions, at which point the director becomes entitled to receive the underlying common shares.

How many Community West Bancshares RSUs does Elliott Frank T. IV hold after this transaction?

After this transaction, he holds 1,451 restricted stock units. This number matches both the amount granted and his total RSU holdings reported following the transaction, indicating the award created a new RSU position rather than adding to an existing RSU balance.

What is the per-unit value of the RSUs granted to Elliott Frank T. IV at CWBC?

The per RSU value on the grant date was $24.13. This value reflects the issuer’s common stock price used for the award calculation and helps indicate the grant’s notional value, although the transaction itself was reported with a price per share of $0.00.

How are cash dividends on Elliott Frank T. IV’s Community West Bancshares RSUs treated?

Cash dividends on the RSUs, if any, are withheld by Community West Bancshares for his account and are subject to forfeiture under the same conditions as the RSUs. These accumulated dividends are paid to him only when and if the underlying RSUs vest successfully.