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

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

MAJARIAN ANDRIANA D reported acquisition or exercise transactions in this Form 4 filing.

Community West Bancshares director Andriana D. Majarian received a grant of 1,451 restricted stock units (RSUs) tied to CWBC common stock on May 6, 2026. This is a compensation-related award, not an open-market share purchase or sale.

Each RSU represents a contingent right to receive one share of common stock and will vest on the anniversary of the grant date. Cash dividends on these RSUs, if any, will be withheld for her account, remain subject to the same forfeiture conditions, and be paid only when the RSUs vest. After this grant, she holds 1,451 RSUs directly.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider MAJARIAN ANDRIANA D

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 grant value: $24.13 per RSU RSUs held after grant: 1,451 units

3 metrics

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

Per-RSU grant value $24.13 per RSU Value on the grant date for each restricted stock unit

RSUs held after grant 1,451 units Total restricted stock units directly held following the transaction

Key Terms

Restricted Stock Unit, contingent right, vests, forfeiture, +1 more

5 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"

forfeiture financial

"will be subject to forfeiture to the same extent as the RSUs"

cash dividends financial

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

Form 4 Insider Transactions: What Each Field Means →

05/08/2026 - 05:37 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^*

MAJARIAN ANDRIANA D

(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)
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		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 Andriana D. Majarian	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 Community West Bancshares (CWBC) report for Andriana D. Majarian?

Community West Bancshares reported that director Andriana D. Majarian received a grant of 1,451 restricted stock units. These RSUs are a form of equity compensation, giving her a future right to receive CWBC common shares rather than reflecting an open-market stock purchase or sale.

How many restricted stock units did CWBC grant to director Andriana D. Majarian?

Andriana D. Majarian received 1,451 restricted stock units from Community West Bancshares. Each RSU represents a contingent right to one share of CWBC common stock, so the grant aligns her compensation with shareholder value once the units vest in the future.

When do Andriana D. Majarian’s CWBC restricted stock units vest?

The 1,451 restricted stock units granted to Andriana D. Majarian vest on the anniversary of the grant date. Vesting means she will actually receive CWBC common shares at that time, assuming any applicable service or forfeiture conditions are satisfied under the award terms.

How are cash dividends handled on Andriana D. Majarian’s CWBC RSUs?

Cash dividends on Andriana D. Majarian’s restricted stock units, if any, are withheld by Community West Bancshares for her account. These dividends are subject to the same forfeiture conditions as the RSUs and are paid to her only when the RSUs vest successfully.

What is the per-unit value of Andriana D. Majarian’s CWBC RSU grant?

The per-unit value of Andriana D. Majarian’s restricted stock unit grant was $24.13 on the date of grant. This value reflects the issuer’s common stock price used to measure the award’s grant-date value for compensation reporting and accounting purposes.

Does the Form 4 for CWBC show any stock sales by Andriana D. Majarian?

The Form 4 shows only a grant of 1,451 restricted stock units to Andriana D. Majarian and no stock sales. The transaction code is an award-type acquisition, indicating compensation rather than a discretionary open-market buy or sell of CWBC common shares.