Welcome to our dedicated page for United Sec Bancshares Calif SEC filings (Ticker: UBFO), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
United Security Bancshares filings document the former bank holding company's operating results, shareholder votes, material agreements, governance matters and capital-structure disclosures for its common stock. Periodic and current reports covered United Security Bank as the operating subsidiary, including its branch banking and lending departments.
The filing record also documents the completed end of UBFO's standalone public-company status. Form 25 recorded removal of United Security Bancshares common stock from Nasdaq listing and registration, while Form 15 certified termination of Exchange Act registration or suspension of reporting duties after its merger into Community West Bancshares.
UNITED SECURITY BANCSHARES director Dora Westerlund reported disposing of her equity stake as part of the company’s merger with Community West Bancshares. On April 1, 2026, she returned 18,770 shares of common stock and 15,000 stock options to the issuer, leaving no reported remaining holdings.
Under the Merger Agreement, each share of United Security common stock was converted into the right to receive 0.4520 share of Community West common stock. Unvested restricted stock awards vested in full and became entitled to the same merger consideration. Her stock options, with an exercise price of $8.17, were converted into a cash right based on the amount, if any, by which the option price exceeded $10.29, the 20‑day VWAP ending March 27, 2026.
UNITED SECURITY BANCSHARES director G. Thompson Ellithorpe reported disposing of his common stock in connection with the company’s merger into Community West Bancshares. The merger became effective at 12:01 a.m. on April 1, 2026 under a previously signed Agreement and Plan of Merger.
The filing shows 89,011.834 shares of United Security Bancshares common stock held directly and 98,420 shares held indirectly as trustee were disposed of to the issuer as part of the merger. Each share of company common stock, other than excluded and dissenting shares, was converted into the right to receive 0.4520 of a share of Community West common stock, and outstanding unvested restricted stock awards vested and became entitled to the same merger consideration.
UNITED SECURITY BANCSHARES Senior Vice President and Chief Risk Officer Robert C. Oberg Jr. reported a disposition of company common stock tied to the company’s merger with Community West Bancshares. On April 1, 2026, 29,469.392 shares of company common stock were surrendered to the issuer.
According to the merger agreement, at 12:01 a.m. on April 1, 2026, each share of company common stock (other than excluded and dissenting shares) was converted into the right to receive 0.4520 of a share of Community West common stock as merger consideration. The filing also notes that each outstanding unvested company restricted stock award automatically vested in full and became entitled to the same merger consideration. Following this conversion, Oberg reported no remaining directly held shares of UNITED SECURITY BANCSHARES common stock.
United Security Bancshares senior vice president and chief credit officer William M. Yarbenet disposed of 75,475.0400 shares of common stock in a transaction coded as a disposition to the issuer. The shares were converted under a merger in which United Security merged into Community West Bancshares.
At 12:01 a.m. on April 1, 2026, each share of United Security common stock, other than excluded and dissenting shares, became entitled to receive 0.4520 of a Community West common share as merger consideration. All outstanding unvested United Security restricted stock awards vested in full and also became entitled to this same merger consideration, and Yarbenet’s reported direct holdings in United Security common stock fell to zero after the transaction.
United Security Bancshares director Nabeel Mahmood reported disposing of all remaining company equity as part of its merger with Community West Bancshares. On April 1, 2026, 15,000 stock options and 23,556.883 shares of common stock were surrendered to the issuer in connection with the merger closing.
Under the merger terms, each share of United Security common stock was converted into the right to receive 0.4520 of a share of Community West common stock, and unvested restricted stock awards vested and received the same consideration. The director’s stock options were converted into a right to receive any value by which the option price exceeded a reference price of $10.29, based on a 20-day volume-weighted average price.
United Security Bancshares director Jagroop Gill reported an indirect disposition of all his shares as part of the company’s merger into Community West Bancshares. Two indirect trust holdings of common stock, totaling more than 1.28 million shares, were returned to the issuer for no cash consideration.
The footnote explains that at 12:01 a.m. on April 1, 2026, each share of United Security common stock (other than excluded and dissenting shares) was converted into the right to receive 0.4520 of a Community West common share, and unvested restricted stock awards fully vested and became entitled to the same merger consideration.
United Security Bancshares SVP Porsche A. Saunders reported disposing of all common stock holdings in connection with the company’s merger into Community West Bancshares. On April 1, 2026, 48,608.806 directly held shares and 8,010.138 indirectly held shares were surrendered to the issuer as part of the merger consideration process.
The footnote explains that, at the merger’s effective time, each United Security share (other than excluded and dissenting shares) was converted into the right to receive 0.4520 share of Community West common stock. Earlier, on March 24, 2026, 13,389 shares were disposed of as a tax-withholding transaction tied to equity compensation, a routine non‑market event.
UNITED SECURITY BANCSHARES SVP/Chief Banking Officer Kevin J. Williams reported dispositions of common stock linked to the company’s merger with Community West Bancshares. On April 1, 2026, 49,575 shares were disposed of to the issuer in connection with the merger, at a reported value of $10.51 per share.
According to the merger terms, each share of UNITED SECURITY BANCSHARES common stock was converted into the right to receive 0.4520 of a share of Community West common stock, and unvested restricted stock awards fully vested into the same consideration. Earlier, on March 24, 2026, a total of 34,262 shares were disposed of as tax-withholding transactions, leaving Williams with no directly held UNITED SECURITY BANCSHARES shares after the merger.
UNITED SECURITY BANCSHARES CEO Dennis R. Woods reported dispositions of his company stock in connection with the merger into Community West Bancshares. On April 1, 2026, 230,202 directly held shares and 946,011 shares held in trusts where he serves as trustee were disposed of to the issuer under the merger terms at $10.51 per share. The merger, effective at 12:01 a.m. on April 1, 2026, converted each United Security common share (other than excluded and dissenting shares) into the right to receive 0.4520 of a Community West common share as merger consideration. A prior March 24, 2026 transaction shows 10,644 indirectly held shares delivered to cover tax obligations, leaving 946,011 trust shares before the merger-related disposition.
United Security Bancshares director Stanley J. Cavalla disposed of his shares as part of the company’s merger into Community West Bancshares. On April 1, 2026, 679,453 directly held shares and 270 trust-held shares of United Security common stock were surrendered to the issuer in exchange for Community West stock under a pre-agreed merger ratio of 0.4520 Community West shares for each United Security share. Following these issuer dispositions tied to the merger closing, Cavalla no longer held United Security common stock.