Community West Bancshares·4

May 8, 5:37 PM ET

MAJARIAN ANDRIANA D 4

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Community West Bancshares (CWBC) Director Andriana D. Majarian Receives Award

What Happened Andriana D. Majarian, a director of Community West Bancshares (CWBC), was granted 1,451 restricted stock units (RSUs) on 2026-05-06. The filing shows a per-RSU grant value of $24.13, giving the award an aggregate grant value of about $35,012.63. This was an award/grant (derivative grant), not an open-market purchase or sale.

Key Details

  • Transaction date: 2026-05-06; Form 4 filed: 2026-05-08 (timely filing).
  • Transaction type/code: Award/Grant (A); acquisition price reported $0.00 because these are RSUs (not a cash purchase).
  • Shares/units granted: 1,451 RSUs; per-RSU value at grant: $24.13; total value ≈ $35,013.
  • Shares owned after transaction: Not disclosed in the filing.
  • Footnote: Each RSU vests on the anniversary of the grant date. Cash dividends on RSUs, if any, will be withheld and are subject to forfeiture until the RSUs vest; dividends are paid upon vesting.

Context RSUs are a form of compensation that represents a contingent right to receive company shares in the future if vesting conditions are met. This grant increases potential future ownership if the awards vest, but it is not an immediate cash purchase nor an immediate sale of shares. Awards to directors are common and reflect compensation rather than an active market buy signal.