Yarbenet William M. 4

What Happened

• William M. Yarbenet, Senior Vice President & Chief Compliance Officer of United Security Bancshares (UBFO), reported a disposition to the issuer of 75,475.04 shares at $10.51 per share on April 1, 2026, for a reported total of $793,243. The transaction was reported on a Form 4 filed April 3, 2026.
• This was a disposition in connection with the merger between United Security and Community West Bancshares, not an open-market sale.

Key Details

• Transaction date and price: April 1, 2026 — 75,475.04 shares at $10.51 per share (total $793,243).
• Transaction code: D (Disposition to the issuer) — occurred pursuant to the Merger Agreement.
• Shares owned after transaction: Not stated in this Form 4 filing.
• Footnote: The disposition was made pursuant to the Merger Agreement dated December 16, 2025. The merger became effective at 12:01 a.m. on April 1, 2026; each Company share (other than excluded/dissenting shares) was converted into the right to receive 0.4520 of a share of Community West common stock. Outstanding unvested Company restricted stock awards were vested and entitled to the Merger Consideration.
• Filing timeliness: Form 4 was filed April 3, 2026; no late filing is indicated.

Context

• This was a corporate-merger-related disposition (conversion/settlement of shares under the Merger Agreement), not a voluntary open-market sale by the insider — such transactions are typically routine outcomes of M&A deals and do not by themselves indicate the insider’s market view.
• The filing reports the mechanics and value of the disposition; investors should consider the merger terms (including the 0.4520 share conversion) and any separate disclosures from Community West for full effects on shareholders.