Community West Bancshares·4

May 8, 5:50 PM ET

DOYLE DANIEL J 4

4 · Community West Bancshares · Filed May 8, 2026

Research Summary

AI-generated summary of this filing

Updated

Community West Bancshares (CWBC) Director Daniel J. Doyle Receives RSUs

What Happened
Daniel J. Doyle, a director of Community West Bancshares (CWBC), was granted 1,451 restricted stock units (RSUs) on 2026-05-06. The Form 4 reports an acquisition (transaction code A) of 1,451 derivative RSUs at $0.00 purchase price; the per‑RSU grant value was $24.13, implying a grant value of approximately $35,013. This was a compensation award (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); reported as a derivative grant (RSUs) with $0.00 reported acquisition price.
  • Grant value: 1,451 RSUs × $24.13 per RSU = ~$35,013 (per-footnote valuation at grant).
  • Shares owned after transaction: not specified in the filing.
  • Footnote: Each RSU is a contingent right to one share that vests on the anniversary of the grant; cash dividends, if any, will be withheld and paid upon vesting and are subject to forfeiture to the same extent as the RSUs.

Context
RSU grants are a common form of equity compensation for executives and directors; they represent future delivery of shares upon vesting rather than an immediate purchase or sale. Such awards are generally routine and do not by themselves indicate a change in the insider’s market view.

Insider Transaction Report

Form 4
Period: 2026-05-06
Transactions
  • Award

    Restricted Stock Unit

    [F1]
    2026-05-06+1,4511,451 total
    CWBC - Common Stock (1,451 underlying)
Footnotes (1)
  • [F1]Each restricted stock unit (RSU) represents a contingent right to receive one share of the Issuer common stock and vests on the anniversary of the date of grant. Cash dividends on RSUs, if any, will be withheld by the Issuer for the account of the Reporting Person, will be subject to forfeiture to the same extent as the RSUs, and will be paid to the Reporting Person upon vesting of the RSUs. The per RSU value on the date of grant was $24.13.
Signature
/s/ Shannon R. Livingston, Attorney-in-Fact for Daniel J. Doyle|2026-05-08

Documents

1 file
  • 4
    wk-form4_1778277017.xmlPrimary

    FORM 4