NEWBY KENNETH D 4/A

What Happened Kenneth D. Newby, a director of United Security Bancshares (UBFO), recorded dispositions on April 1, 2026 totaling 54,865.057 shares of UBFO common stock (39,953.899 and 14,911.158). The reported disposition price is $0.00 because the transactions were part of the Company’s merger into Community West Bancshares: each UBFO share was converted into the right to receive 0.4520 shares of Community West. The total conversion equals approximately 24,799 Community West shares (54,865.057 × 0.452). No cash proceeds were reported for these dispositions.

Key Details

• Transaction date: April 1, 2026 (merger effective at 12:01 a.m. on April 1, 2026)
• Reported disposition lines: 39,953.899 and 14,911.158 UBFO shares at $0.00 per share
• Conversion ratio: 0.4520 Community West shares per UBFO share → ~24,799 Community West shares received in aggregate
• Footnotes: F1 — dispositions pursuant to the Agreement and Plan of Merger; F2 — some shares held in an IRA (disclosed for information)
• Filing status: This is an amended Form 4 filed April 13, 2026 to correct the disposition price and clarify footnotes; original Form 4 was filed April 3, 2026
• Shares owned after transaction: Section 16 reporting for UBFO no longer applies to the reporting person following the merger (holdings for UBFO therefore are not reported post-merger)

Context This was not an open-market sale but a merger conversion—UBFO shares were converted into Community West stock under the merger agreement, so the $0.00 disposition price reflects conversion rather than cash proceeds. Such merger-driven dispositions are routine corporate actions and do not, by themselves, indicate an insider’s change in sentiment.