Community West president exercises 65,464 options

Community West Bancshares president Martin E. Plourd exercised stock options to acquire 65,464 shares of CWBC common stock on May 1, 2026, at exercise prices ranging from $8.79 to $18.93 per share.

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Rhea-AI Filing Summary

Community West Bancshares president Martin E. Plourd exercised stock options to acquire 65,464 shares of CWBC common stock on May 1, 2026, at exercise prices ranging from $8.79 to $18.93 per share. To fund the aggregate exercise price, 40,746 shares were withheld by delivering shares valued at $23.77 per share. After these transactions, Plourd directly holds 137,254 CWBC shares.

Insider Trade Summary

65,464 shares exercised/converted

Exercise 17 txns

Insider Plourd Martin E

Role PRESIDENT

Type	Security	Shares	Price	Value
Exercise	CWBC - Stock Option	3,160	$0.00	$0.00
Exercise	CWBC - Stock Option	12,831	$0.00	$0.00
Exercise	CWBC - Stock Option	6,102	$0.00	$0.00
Exercise	CWBC - Stock Option	15,800	$0.00	$0.00
Exercise	CWBC - Stock Option	948	$0.00	$0.00
Exercise	CWBC - Stock Option	9,243	$0.00	$0.00
Exercise	CWBC - Stock Option	9,480	$0.00	$0.00
Exercise	CWBC - Stock Option	7,900	$0.00	$0.00
Exercise Price or Tax Liability	CWBC - Common Stock	40,746	$23.77	$969K
Exercise	CWBC - Common Stock	3,160	$14.21	$45K
Exercise	CWBC - Common Stock	12,831	$12.81	$164K
Exercise	CWBC - Common Stock	6,102	$13.66	$83K
Exercise	CWBC - Common Stock	15,800	$16.67	$263K
Exercise	CWBC - Common Stock	948	$8.79	$8K
Exercise	CWBC - Common Stock	9,243	$13.33	$123K
Exercise	CWBC - Common Stock	9,480	$13.84	$131K
Exercise	CWBC - Common Stock	7,900	$18.93	$150K

Holdings After Transaction: CWBC - Stock Option — 35,658 contracts (Direct); CWBC - Common Stock — 137,254 shares (Direct)

Footnotes (2)

F1. Represents shares withheld for the payment of the aggregate exercise price in connection with the exercise of 65,464 options on May 1, 2026.
F2. Price represents the closing share price on May 1, 2026.

Key Figures

Options exercised: 65,464 shares Shares withheld: 40,746 shares Withholding price: $23.77 per share +3 more

6 metrics

Options exercised 65,464 shares CWBC common stock acquired via option exercises on May 1, 2026

Shares withheld 40,746 shares Withheld to pay aggregate exercise price, valued at $23.77 per share

Withholding price $23.77 per share Closing CWBC share price on May 1, 2026 for withheld shares

Post-transaction holdings 71,790 shares CWBC common stock directly owned after reported transactions

Lowest option exercise price $8.79 per share One tranche of CWBC stock options exercised on May 1, 2026

Highest option exercise price $18.93 per share One tranche of CWBC stock options exercised on May 1, 2026

Key Terms

stock option, derivative security, tax-withholding disposition, aggregate exercise price

4 terms

stock option financial

"CWBC - Stock Option"

A stock option is a contract that gives you the right to buy or sell a company's stock at a specific price within a certain time frame. People use them to potentially make money if the stock's price moves favorably or to protect against losses. It's like holding a coupon that can be used to buy or sell stock at a set price later on.

derivative security financial

"Exercise or conversion of derivative security"

A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.

tax-withholding disposition financial

"tax-withholding disposition"

A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.

aggregate exercise price financial

"payment of the aggregate exercise price in connection with the exercise of 65,464 options"

FAQ

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What did Community West Bancshares (CWBC) insider Martin Plourd do in this Form 4?

Martin E. Plourd exercised stock options to acquire 65,464 CWBC common shares. A portion of these shares was withheld to cover the aggregate exercise price, and he finished with 71,790 shares held directly after the reported transactions.

How many Community West Bancshares (CWBC) shares did Martin Plourd acquire?

Martin E. Plourd acquired 65,464 CWBC common shares through stock option exercises. These exercises occurred at strike prices between $8.79 and $18.93 per share, reflecting the conversion of previously granted options into directly held common stock.

What is the significance of the 40,746 CWBC shares withheld in Martin Plourd’s Form 4?

The 40,746 CWBC shares were withheld to pay the aggregate exercise price for 65,464 options. The withheld shares were valued at $23.77 per share, using the closing share price on May 1, 2026, according to the filing’s explanatory footnote.

How many Community West Bancshares (CWBC) shares does Martin Plourd own after these transactions?

Following the reported option exercises and share withholding, Martin E. Plourd directly owns 71,790 CWBC common shares. This post-transaction holding reflects his net equity position after converting options and using shares to cover the exercise cost.

Were Martin Plourd’s Community West Bancshares (CWBC) transactions open-market buys or sales?

The transactions were not open-market buys or sales. They primarily reflect stock option exercises (code M) to acquire shares and a share withholding transaction (code F) used to pay the aggregate exercise price, rather than discretionary market trading.

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Accepted by SEC EDGAR 05/05/2026 - 05:25 PM EDT

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^*

Plourd Martin E

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/01/2026

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)
CWBC - Common Stock	05/01/2026		F		40,746⁽¹⁾	D	$23.77⁽²⁾	71,790	D
CWBC - Common Stock	05/01/2026		M		3,160	A	$14.21	74,950	D
CWBC - Common Stock	05/01/2026		M		12,831	A	$12.81	87,781	D
CWBC - Common Stock	05/01/2026		M		6,102	A	$13.66	93,883	D
CWBC - Common Stock	05/01/2026		M		15,800	A	$16.67	109,683	D
CWBC - Common Stock	05/01/2026		M		948	A	$8.79	110,631	D
CWBC - Common Stock	05/01/2026		M		9,243	A	$13.33	119,874	D
CWBC - Common Stock	05/01/2026		M		9,480	A	$13.84	129,354	D
CWBC - Common Stock	05/01/2026		M		7,900	A	$18.93	137,254	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)
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)
CWBC - Stock Option	$14.21	05/01/2026		M			3,160	04/01/2024	12/20/2027	CWBC - Common Stock	3,160	$0	4,740	D
CWBC - Stock Option	$12.81	05/01/2026		M			12,831	04/01/2024	02/25/2031	CWBC - Common Stock	12,831	$0	6,920	D
CWBC - Stock Option	$13.66	05/01/2026		M			6,102	04/01/2024	11/15/2028	CWBC - Common Stock	6,102	$0	9,699	D
CWBC - Stock Option	$16.67	05/01/2026		M			15,800	04/01/2024	11/18/2031	CWBC - Common Stock	15,800	$0	0	D
CWBC - Stock Option	$8.79	05/01/2026		M			948	04/01/2024	04/30/2030	CWBC - Common Stock	948	$0	1,422	D
CWBC - Stock Option	$13.33	05/01/2026		M			9,243	04/01/2024	02/22/2027	CWBC - Common Stock	9,243	$0	6,557	D
CWBC - Stock Option	$13.84	05/01/2026		M			9,480	04/01/2024	02/27/2030	CWBC - Common Stock	9,480	$0	6,320	D
CWBC - Stock Option	$18.93	05/01/2026		M			7,900	04/01/2024	11/17/2032	CWBC - Common Stock	7,900	$0	0	D

Explanation of Responses:

1. Represents shares withheld for the payment of the aggregate exercise price in connection with the exercise of 65,464 options on May 1, 2026.

2. Price represents the closing share price on May 1, 2026.

Remarks:

	/s/ Shannon R. Livingston, Attorney-in-Fact for Martin E. Plourd	05/05/2026
	** 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