CVB Financial (NASDAQ: CVBF) EVP sees 8,944 shares withheld for tax on vesting
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
CVB Financial Corp executive Richard H. Wohl, EVP & General Counsel, had 8,944 shares of common stock withheld on June 5, 2026 to cover taxes due on the vesting of previously reported restricted stock awards. The vesting was accelerated in connection with his retirement. This was a tax-withholding disposition, not an open-market sale. After this transaction, he directly holds 41,244.642 shares of common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
WOHL RICHARD H
Role
EVP & General Counsel
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 8,944 | $20.50 | $183K |
Holdings After Transaction:
Common Stock — 41,244.642 shares (Direct, null)
Footnotes (1)
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Key Figures
Shares withheld for taxes: 8,944 shares
Withholding price per share: $20.50 per share
Shares held after transaction: 41,244.642 shares
+1 more
4 metrics
Shares withheld for taxes
8,944 shares
Tax-withholding disposition on June 5, 2026
Withholding price per share
$20.50 per share
Value used for tax-withholding disposition
Shares held after transaction
41,244.642 shares
Direct common stock ownership after withholding
Tax-withholding shares (summary)
8,944 shares
TaxWithholdingShares in transaction summary
Key Terms
restricted stock awards, withholding, tax liability, vesting, +1 more
5 terms
restricted stock awards financial
"cover taxes due upon the vesting of previously reported restricted stock awards whose vesting was accelerated"
Restricted stock awards are company shares given to employees or executives that cannot be sold or transferred until certain conditions — like staying with the company for a set time or meeting performance targets — are met, like a gift that is locked in a safe until rules are satisfied. Investors care because these awards tie management’s pay to company performance, can increase the number of shares outstanding when they become tradable (dilution), and may signal expected future selling pressure or commitment to long-term growth.
withholding financial
"reports the withholding of 8,944 shares of stock to cover taxes due"
tax liability financial
"Payment of exercise price or tax liability by delivering securities"
vesting financial
"taxes due upon the vesting of previously reported restricted stock awards whose vesting was accelerated"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
retirement financial
"whose vesting was accelerated upon the Reporting Person's retirement"
FAQ
What insider transaction did CVB FINANCIAL CORP (CVBF) report for Richard H. Wohl?
CVB Financial reported that EVP & General Counsel Richard H. Wohl had 8,944 common shares withheld to cover taxes. This related to the vesting of previously reported restricted stock awards whose vesting was accelerated upon his retirement.
What triggered the vesting of the restricted stock awards in the CVBF Form 4?
The vesting of the restricted stock awards was accelerated upon Richard H. Wohl’s retirement. When these previously reported awards vested, 8,944 shares were withheld to pay taxes, resulting in the tax-withholding disposition disclosed in the Form 4 filing.
What does transaction code F mean in the CVBF Form 4 for Richard H. Wohl?
Transaction code F indicates payment of a tax liability or exercise price by delivering securities. In this case, 8,944 CVB Financial shares were withheld to cover taxes due on the accelerated vesting of previously reported restricted stock awards tied to his retirement.