Community West Bancshares·4

May 8, 5:50 PM ET

DOYLE DANIEL J 4

Research Summary

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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.