GILL JAGROOP bought CWBC
April 1, 2026 · Form 4 insider transaction
GILL JAGROOP bought 583,067 shares of Community West Bancshares at $0.00 per share, a transaction worth N/A. The trade was recorded as grant or award and disclosed on an SEC Form 4, filed 8 days after the transaction.
Footnotes
On April 1, 2026, pursuant to the Agreement and Plan of Merger, dated as of December 16, 2025, by and between Community West Bancshares ("CWB") and United Security Bancshares ("USB"), USB merged with and into CWB (the "Merger"). In connection therewith, each outstanding share of USB common stock, subject to certain limited exceptions, was converted into the right to receive 0.4520 of a share of CWB common stock, with cash payable in lieu of any fractional share. In connection with the Merger, the reporting person received the CWB common stock reported in Table I in exchange for all of the reporting person's shares of USB common stock, with cash received in lieu of a fractional share of CWB common stock.