Community West Bancshares Files 8-K on Shareholder Vote Matters

TL;DR

CVBC filed an 8-K for a shareholder vote. Big stuff might be happening.

AI Summary

Community West Bancshares filed an 8-K on May 30, 2024, reporting a submission of matters to a vote of security holders. The company, formerly known as Central Valley Community Bancorp, is incorporated in California and trades on NASDAQ under the symbol CWBC.

Why It Matters

This filing indicates a significant event where shareholder approval is required, potentially impacting corporate governance or strategic decisions.

Risk Assessment

Risk Level: low — The filing is procedural and reports on a shareholder vote, not a direct financial event or negative development.

Key Players & Entities

• Community West Bancshares (company) — Registrant
• Central Valley Community Bancorp (company) — Former Company Name
• CWBC (company) — Trading Symbol
• NASDAQ (company) — Stock Exchange

FAQ

Filing Documents

• cvcy-20240530.htm (8-K) — 53KB
• 0001628280-24-025979.txt ( ) — 176KB
• cvcy-20240530.xsd (EX-101.SCH) — 2KB
• cvcy-20240530_lab.xml (EX-101.LAB) — 21KB
• cvcy-20240530_pre.xml (EX-101.PRE) — 12KB
• cvcy-20240530_htm.xml (XML) — 4KB

07 Submission of Matters to a Vote of Security Holders

Item 5.07 Submission of Matters to a Vote of Security Holders On May 30, 2024 Community West Bancshares held its Annual Meeting of Shareholders. The final results of voting for each matter submitted to a vote of shareholders at the meeting are as follows: Elected Directors of the Company to serve until the 2024 Annual Meeting of Shareholders and until their successors are elected and qualified. In the election of directors, no candidates were nominated for election as a director other than the nominees of the Board of Directors whose names were set forth in the Company's proxy statement dated April 26, 2024. Set forth below is a tabulation of the votes cast in the election of Directors with respect to each nominee for office: Director Votes Cast for Election Votes Withheld Broker Non-Votes Robert H. Bartlein 11,825,036 412,045 1,489,623 Suzanne Chadwick 11,884,326 352,755 1,489,623 Daniel N. Cunningham 11,983,748 253,097 1,489,859 Tom L. Dobyns 12,176,242 60,839 1,489,623 Daniel J. Doyle 12,032,938 203,909 1,489,857 Frank T. ("Tommy") Elliott, IV 11,915,262 321,819 1,489,623 Robert J. Flautt 11,962,975 274,106 1,489,623 James J. Kim 11,968,001 268,846 1,489,857 James W. Lokey 12,186,745 50,336 1,489,623 Andriana D. Majarian 11,587,268 649,813 1,489,623 Steven D. McDonald 11,736,616 500,229 1,489,859 Martin E. Plourd 11,831,621 405,226 1,489,857 Dorothea D. Silva 11,885,961 351,120 1,489,623 William S. Smittcamp 11,380,966 839,118 1,506,620 Kirk B. Stovesand 12,114,535 122,546 1,489,623 The ratification of the appointment of Moss Adams LLP for the 2024 fiscal year as the Company's independent registered public accounting firm. The appointment was ratified by the following votes: For Against Abstain 13,628,696 80,739 17,269 The adoption of a non-binding advisory resolution approving executive compensation. The resolution was ratified by the following votes: For Against Abstain Broker Non-Votes 11,528,116 649,405 59,560 1,489,623 SIGN

View Full Filing

View this 8-K filing on SEC EDGAR