Kinross David A 4/A

What Happened

• David A. Kinross, Chief Financial Officer of United Security Bancshares, reported disposals of Company common stock in connection with the Company’s merger into Community West. The Form 4 shows 28,236 shares disposed on 2026-03-24 (code F — payment of exercise price or tax liability) and 95,733 shares disposed on 2026-04-01 (code D — disposition to the issuer). Both disposals are reported at $0.00 per share because the transactions were carried out pursuant to the Merger Agreement and resulted in conversion to Community West stock rather than a cash sale (total UBFO shares disposed = 123,969).

Key Details

• Transaction dates and codes: 2026-03-24 (F — tax/payment) and 2026-04-01 (D — disposition to issuer). Reported price: $0.00 per share (conversion under merger).
• Shares disposed: 28,236 (3/24) and 95,733 (4/1); total 123,969 UBFO shares.
• Ownership after transaction: not specified in this amended Form 4.
• Footnote highlights: Disposals were pursuant to the Agreement and Plan of Merger (effective 12:01 a.m. on April 1, 2026). Each UBFO share (other than excluded/dissenting shares) converted into the right to receive 0.4520 of a share of Community West common stock; outstanding unvested UBFO restricted stock awards vested and became entitled to the same merger consideration.
• Filing/amendment: This is an amendment filed 2026-04-13 to clarify that the reporting person is no longer subject to Section 16 reporting for UBFO, to correct the disposition price, and to clarify footnote language. An initial Form 4 was filed 2026-04-03.

Context

• These were not open-market sales: the $0.00 prices reflect conversion under the merger rather than cash proceeds. The disposals resulted from merger mechanics (conversion to Community West shares and vesting of restricted awards), not a typical insider sale—so they do not directly indicate a buy/sell signal based on the executive’s market view. Investors should note the amendment and the conversion ratio (0.4520 Community West share per UBFO share) to understand the post-merger holdings.