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Community West Bancshares (CWBC) EVP receives 1,244 restricted stock units grant

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

Rhea-AI Filing Summary

CAGLE DAWN M reported acquisition or exercise transactions in this Form 4 filing.

Community West Bancshares Executive Vice President receives RSU grant. Executive Vice President Dawn M. Cagle was granted 1,244 restricted stock units, each representing a right to receive one share of Community West Bancshares common stock. These RSUs vest in three equal annual installments on the grant anniversary date.

The award had a per-unit value of $24.13 on the grant date, and Cagle now holds 1,244 RSUs following this transaction. Any cash dividends on these RSUs will be withheld, are subject to forfeiture on the same terms as the units, and will be paid only upon vesting.

Positive

  • None.

Negative

  • None.
Insider CAGLE DAWN M
Role EXECUTIVE VICE PRESIDENT
Type Security Shares Price Value
Grant/Award Restricted Stock Unit 1,244 $0.00 --
Holdings After Transaction: Restricted Stock Unit — 1,244 shares (Direct, null)
Footnotes (1)
  1. [object Object]
RSUs granted 1,244 units Restricted stock units granted to Executive Vice President Dawn M. Cagle
Per RSU value $24.13 Value per restricted stock unit on the grant date
RSUs after transaction 1,244 units Total restricted stock units held following the grant
Vesting schedule 3 equal annual installments RSUs vest each year on the grant anniversary date
Underlying shares 1,244 shares Each RSU represents a contingent right to one share of common stock
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 in three equal installments financial
"RSU represents a contingent right to receive one share ... and vests in three equal installments"
forfeiture financial
"Cash dividends on RSUs, if any, will be withheld ... and will be subject to forfeiture"
per RSU value financial
"The per RSU value on the date of grant was $24.13"
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FAQ

What did Community West Bancshares (CWBC) report in this Form 4 for Dawn M. Cagle?

Community West Bancshares reported that Executive Vice President Dawn M. Cagle received 1,244 restricted stock units as a compensation grant. Each unit represents a contingent right to one share of common stock, subject to multi-year vesting and forfeiture conditions.

How many restricted stock units did CWBC grant to Executive Vice President Dawn M. Cagle?

CWBC granted 1,244 restricted stock units to Executive Vice President Dawn M. Cagle. These units vest in three equal installments each year on the grant anniversary, providing equity-based compensation that links part of her pay to the company’s stock performance over time.

What is the vesting schedule for Dawn M. Cagle’s CWBC restricted stock units?

The 1,244 restricted stock units awarded to Dawn M. Cagle vest in three equal installments on each anniversary of the grant date. This means one-third of the units vest each year, encouraging longer-term alignment with Community West Bancshares’ shareholders and company performance.

What was the grant-date value of the CWBC restricted stock units awarded to Dawn M. Cagle?

Each restricted stock unit granted to Dawn M. Cagle had a per-unit value of $24.13 on the grant date. This figure reflects the value used for the award, tying her equity compensation directly to Community West Bancshares’ stock valuation when granted.

How are cash dividends on Dawn M. Cagle’s CWBC restricted stock units treated?

Any cash dividends on Dawn M. Cagle’s restricted stock units will be withheld by Community West Bancshares for her account. These dividends are subject to the same forfeiture conditions as the RSUs and will be paid only when the underlying units vest.

How many CWBC restricted stock units does Dawn M. Cagle hold after this transaction?

After this grant, Dawn M. Cagle holds 1,244 restricted stock units directly. Each unit is a contingent right to receive one share of Community West Bancshares common stock, subject to the stated vesting terms and potential forfeiture conditions described in the award documentation.
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)
05/06/2026
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
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
Restricted Stock Unit(1)05/06/2026A1,244 (1) (1)CWBC - Common Stock1,244$01,244D
Explanation of Responses:
1. Each restricted stock unit (RSU) represents a contingent right to receive one share of the Issuer common stock and vests in three equal installments each year on the anniversary 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 Dawn M. Cagle05/08/2026
** 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)