United Security Bancshares filed SEC Form 8-K: Submission of Matters to a Vote of Security Holders
$UBFO
Major Banks
Finance
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT PURSUANT
TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
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Item 5.07 Submission of Matters to a Vote of Security Holders
On March 30, 2026, United Security Bancshares (the “Company”) held a special meeting of shareholders. A total of 12,019,562 shares were represented and voted at the meeting, constituting 68.27% of the 17,604,923 issued and outstanding shares entitled to vote at the meeting, constituting a quorum. At the special meeting, the Company’s shareholders (i) approved the principal terms of the Agreement and Plan of Merger, dated as of December 16, 2025, between Community West Bancshares (“CWB”) and United Security Bancshares (“USB”), pursuant to which USB will merge with and into CWB, and the transactions contemplated therein, and (ii) approved the adjournment of the special meeting to permit further solicitation of proxies in the event that an insufficient number of votes were cast to approve the merger proposal. The following are the voting results of each matter submitted to the Company’s shareholders at the special meeting, both of which proposals were approved:
1.Approval of the Merger Agreement:
| For | Against | Abstain | Non-Votes | |||||||||||||||||
| 11,928,445 | 65,144 | 25,973 | — | |||||||||||||||||
2. Adjournment of the Special Meeting:
| For | Against | Abstain | Non-Votes | |||||||||||||||||
| 11,880,814 | 98,285 | 40,463 | — | |||||||||||||||||
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this Report to be signed on its behalf by the undersigned hereunto duly authorized.
| United Security Bancshares | |||||||||||
| Date: | March 31, 2026 | By: /s/ David A. Kinross | |||||||||
| David A. Kinross | |||||||||||
| Senior Vice President and Chief Financial Officer | |||||||||||
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