Insider Purchase: CWBC President Acquires 441 Shares via ESPP

Rhea-AI Filing Summary

Martin E. Plourd, a director and the company's president, reported acquiring 441 shares of Community West Bancshares (CWBC) common stock on 08/29/2025 at a purchase price of $16.02 per share under the company’s Employee Stock Purchase Plan (ESPP). After the transaction Plourd beneficially owned 92,687 shares. The Form 4 was signed by an attorney-in-fact on behalf of Plourd on 09/02/2025. The filing indicates the purchase was an ESPP payroll/plan transaction and does not disclose any derivative transactions or sales.

Positive

• Insider acquisition under ESPP indicating participation in the company’s employee purchase program
• Clear compliance with Section 16 reporting: Form 4 filed and signed by attorney-in-fact

Negative

• None.

Insights

Securities Analyst

TL;DR: A routine insider purchase via ESPP: small volume relative to total ownership, recorded on Form 4.

This filing documents a non-derivative acquisition of 441 common shares at $16.02 per share under the issuer’s ESPP, increasing the reporting person’s beneficial ownership to 92,687 shares. The transaction type and explanation are explicit; there are no disclosures of option exercises, sales, or derivative holdings. For investors, this is a routine compliance disclosure showing an insider participation in an employee purchase program rather than a targeted open-market buy.

Corporate Governance Expert

TL;DR: Compliance filing shows standard ESPP acquisition by a senior insider; no governance red flags disclosed.

The Form 4 identifies the reporting person as both a director and the president, and the acquisition was executed under the company ESPP as stated in the explanation. The report was completed and signed by an attorney-in-fact in accordance with filing rules. There are no amendments, dispositions, or indirect ownership notes beyond the listed direct holdings. This is a routine disclosure meeting Section 16 reporting obligations.

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
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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^*

Plourd Martin E

(Last) (First) (Middle)

7100 N FINANCIAL DRIVE, SUITE 101

(Street)

FRESNO CA 93720

(City) (State) (Zip)

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
X	Officer (give title below)		Other (specify below)
	PRESIDENT

3. Date of Earliest Transaction (Month/Day/Year)
08/29/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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
CWBC - Common Stock	08/29/2025		P		441(1)	A	$16.02	92,687	D

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

Explanation of Responses:

1. Shares were purchased as part of the Company's ESPP plan.

Remarks:

	/s/ Shannon R. Livingston, Attorney-in-Fact for Martin E. Plourd	09/02/2025
	** 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.

FAQ

What transaction did Martin E. Plourd report on Form 4 for CWBC?

The Form 4 reports a purchase of 441 shares of CWBC common stock on 08/29/2025 at $16.02 per share under the company’s ESPP.

How many CWBC shares does Martin E. Plourd beneficially own after the reported transaction?

After the reported ESPP purchase, Plourd beneficially owned 92,687 shares.

Was the Form 4 transaction an open-market trade or part of a plan?

The filing explains the shares were purchased as part of the company’s Employee Stock Purchase Plan (ESPP).

Does the Form 4 disclose any derivative transactions or sales by Plourd?

No; the filing discloses only a non-derivative acquisition of common stock and does not report any derivative transactions or dispositions.

Who signed the Form 4 for Martin E. Plourd?

The Form 4 was signed by Shannon R. Livingston, Attorney-in-Fact for Martin E. Plourd on 09/02/2025.