GILL JAGROOP 4

What Happened

• Gill Jagroop, a director of Community West Bancshares (CWBC), was granted 1,451 restricted stock units (RSUs) on 2026-05-06. The RSUs were recorded at $0.00 per share on Form 4 because they are a grant (transaction code A). The issuer’s per-RSU value on the grant date was $24.13, implying a grant value of approximately $35,012.63.
• This was an equity compensation award (derivative securities), not an open-market purchase or sale.

Key Details

• Transaction date: 2026-05-06; Form 4 filed: 2026-05-08 (appears timely under the two-business-day rule).
• Transaction type/code: Grant/Award (A); instrument: Restricted Stock Units (RSUs); price reported: $0.00.
• Number of RSUs granted: 1,451; implied grant value: ~$35,012.63 (1,451 × $24.13).
• Shares owned after transaction: not specified in the provided filing excerpt.
• Footnote: Each RSU represents a contingent right to one share and vests on the anniversary of the grant. Cash dividends on RSUs, if any, will be withheld and subject to forfeiture to the same extent as the RSUs and will be paid upon vesting.

Context

• RSU grants are common compensation/retention awards to directors and typically vest over time; they do not represent immediately tradable shares until vesting conditions are met. Such awards are routine and do not necessarily signal a personal market view by the insider.