CAVALLA STANLEY J 4/A

What Happened
Stanley J. Cavalla, a director of United Security Bancshares (UBFO), recorded dispositions of 679,723 shares on April 1, 2026 (679,453 + 270). The Form 4 shows a $0.00 per-share disposition (total $0) because the shares were converted under the companies' merger agreement into Community West Bancshares stock rather than sold for cash.

Key Details

• Transaction date: April 1, 2026. Transaction code: D (Disposition to issuer in connection with merger).
• Shares disposed: 679,453 and 270 (total 679,723). Disposition price reported: $0.00 per share; total proceeds $0 per the Form 4.
• Merger terms: each United Security share (other than excluded/dissenting shares) converted into the right to receive 0.4520 shares of Community West common stock; outstanding unvested restricted awards vested and were converted.
• Filing: Amended Form 4 filed April 13, 2026 to correct the disposition price, clarify footnote details, and note the reporting person is no longer subject to Section 16 reporting for United Security. The original Form 4 was filed April 3; this is a corrective amendment.
• Shares owned after transaction: not reported on this amended filing; the amendment notes the reporting person is no longer subject to Section 16 reporting for the company following the merger.

Context
This was not an open-market sale for cash but a merger conversion—shareholders received Community West stock per the merger agreement. Such dispositions tied to corporate transactions are procedural and reflect the deal mechanics rather than an insider selling shares for liquidity.