CAVALLA STANLEY J 4

What Happened Stanley J. Cavalla, a director of United Security Bancshares (UBFO), disposed of a total of 679,723 shares on April 1, 2026. The filing shows two dispositions to the issuer: 679,453 shares at $10.51 each ($7,141,051) and 270 shares at $10.51 each ($2,838), for combined proceeds of $7,143,889. These were dispositions (sales) recorded in connection with the company’s merger into Community West, not open-market sales.

Key Details

• Transaction date: April 1, 2026; Price: $10.51 per share.
• Shares disposed: 679,453 and 270 (total 679,723); Total reported proceeds: $7,143,889.
• Shares owned after transaction: Not specified in this Form 4 filing.
• Footnote: Dispositions were pursuant to the Merger Agreement dated December 16, 2025; the merger became effective at 12:01 a.m. on April 1, 2026. Each United Security share (other than excluded/dissenting shares) was converted into the right to receive 0.4520 of a share of Community West; outstanding unvested restricted stock awards vested and were entitled to the merger consideration.
• Filing timeliness: Form 4 filed April 3, 2026 for transactions on April 1, 2026 — no late-file flag in the filing.

Context These disposals reflect a corporate change-of-control transaction (merger) rather than routine insider selling. Under the merger terms, United Security shares were converted into merger consideration (Community West stock at a 0.4520 exchange ratio), so the Form 4 reports the conversion/disposition mechanics. Such merger-driven dispositions are administrative outcomes of the deal and do not necessarily signal the insider’s view on the stock.