STOCK TITAN

Community West Bancshares (CWBC) EVP has shares withheld for taxes on vested stock

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Community West Bancshares executive Dawn M. Cagle reported a routine tax-related share withholding. On the vesting of 606 restricted shares from a Restricted Stock Award granted on May 30, 2024, the company withheld 212 shares to satisfy tax withholding obligations at a value of $24.01 per share.

After this non-market tax-withholding disposition, Cagle directly holds 13,278 shares of CWBC common stock. The filing reflects a compensation and payroll-tax event rather than an open-market purchase or sale.

Positive

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Insider CAGLE DAWN M
Role EXECUTIVE VICE PRESIDENT
Type Security Shares Price Value
Tax Withholding CWBC - Common Stock 212 $24.01 $5K
Holdings After Transaction: CWBC - Common Stock — 13,278 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Shares withheld for taxes 212 shares Withheld to satisfy tax obligations on vesting
Tax withholding price $24.01 per share Value applied to the 212 withheld shares
Shares held after transaction 13,278 shares Direct CWBC common stock holdings after withholding
Restricted shares vested 606 shares Restricted Stock Award granted May 30, 2024 that vested
Restricted Stock Award financial
"in connection with the vesting of 606 restricted shares from a Restricted Stock Award granted May 30, 2024"
A restricted stock award is company shares given to an employee or executive that cannot be sold or fully owned until certain conditions—like staying with the company for a set time or hitting performance targets—are met. Think of it as a gift that only becomes yours after you fulfill specific obligations; for investors, these awards matter because they can increase the total shares outstanding when they vest, reveal how management is being paid and motivated, and create potential selling pressure when restrictions lift.
tax withholding obligations financial
"Represents shares withheld by Community West Bancshares to satisfy tax withholding obligations in connection with the vesting"
tax-withholding disposition financial
"transaction_action": "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.
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
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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*
CAGLE DAWN M

(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)
Director10% Owner
XOfficer (give title below)Other (specify below)
EXECUTIVE VICE PRESIDENT
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/30/2026
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
CWBC - Common Stock05/30/2026F212(1)D$24.0113,278D
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
Explanation of Responses:
1. Represents shares withheld by Community West Bancshares to satisfy tax withholding obligations in connection with the vesting of 606 restricted shares from a Restricted Stock Award granted May 30, 2024.
Remarks:
/s/ Shannon R. Livingston, Attorney-in-Fact for Dawn M. Cagle06/01/2026
** 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)

FAQ

What insider transaction did Community West Bancshares (CWBC) report for Dawn M. Cagle?

Community West Bancshares reported that Executive Vice President Dawn M. Cagle had 212 CWBC common shares withheld. These shares covered tax obligations arising from the vesting of 606 restricted shares granted on May 30, 2024, and were not an open-market sale.

Was the CWBC Form 4 transaction for Dawn M. Cagle an open-market sale or purchase?

The transaction was not an open-market trade. It was a tax-withholding disposition, where 212 CWBC shares were withheld by the company to satisfy tax obligations when 606 restricted stock award shares vested, as described in the Form 4 footnote.

How many CWBC shares does Dawn M. Cagle hold after the reported Form 4 transaction?

After the tax-withholding disposition, Executive Vice President Dawn M. Cagle directly holds 13,278 CWBC common shares. This figure reflects her position following the withholding of 212 shares for taxes on the vesting of a restricted stock award.

What restricted stock award activity triggered the CWBC Form 4 for Dawn M. Cagle?

The Form 4 was triggered by the vesting of 606 restricted shares from a Restricted Stock Award granted on May 30, 2024. To cover associated tax withholding obligations, Community West Bancshares withheld 212 of those shares instead of requiring a separate cash payment.

What price per share was used for the CWBC tax-withholding disposition reported for Dawn M. Cagle?

The tax-withholding disposition used a price of $24.01 per CWBC common share. At this price, 212 shares were withheld by Community West Bancshares to satisfy Dawn M. Cagle’s tax obligations related to the vesting restricted stock award.