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$CWBC·8-K

Community West Bancshares · May 28, 5:56 PM ET

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Community West Bancshares 8-K

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Community West Bancshares Reports 2026 Annual Meeting Voting Results

What Happened Community West Bancshares (CWBC) filed an 8-K reporting the results of its annual meeting held May 28, 2026. A total of 19,578,840 shares were represented and voted at the meeting, equal to 72.23% of the 27,106,375 shares outstanding and entitled to vote. All board-nominated director nominees were elected to serve (as stated in the filing) and Baker Tilly LLP was ratified as the Company’s independent registered public accounting firm for fiscal 2026.

Key Details

  • Meeting turnout: 19,578,840 shares voted (72.23% of 27,106,375 outstanding shares).
  • Director elections: all nominees on the Company’s April 10, 2026 proxy were elected. Sample vote tallies:
    • James W. Lokey: 16,121,638 for / 84,317 withheld / 3,372,885 broker non-votes
    • James J. Kim: 16,040,948 for / 165,007 withheld / 3,372,885 broker non-votes
    • Robert H. Bartlein: 15,968,514 for / 237,441 withheld / 3,372,885 broker non-votes
    • Daniel J. Doyle: 12,913,074 for / 3,292,881 withheld / 3,372,885 broker non-votes (Broker non-votes on director elections: 3,372,885)
  • Auditor ratification: Baker Tilly LLP ratified — For 19,556,109; Against 12,393; Abstain 10,338.
  • Advisory (say-on-pay) vote: For 15,269,021; Against 876,079; Abstain 60,855; Broker non-votes 3,372,885.

Why It Matters

  • Board continuity: The election of the full slate of board nominees maintains management’s governance and strategic continuity without contested director changes.
  • Auditor certainty: Ratification of Baker Tilly LLP confirms the auditor relationship for fiscal 2026, which affects the company’s external financial reporting process.
  • Shareholder sentiment on pay: The non-binding advisory vote on executive compensation passed by a large margin (approximate tallies above), signaling majority shareholder approval of the company’s executive pay approach; broker non-votes indicate some holders (likely uninstructed brokers) did not vote on non-routine matters.

Source: CWBC Form 8-K filed May 29, 2026 (reporting results of the May 28, 2026 annual meeting).

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