CVBF CFO has 2,157 shares withheld for taxes
CVB Financial Corp EVP & CFO E. Allen Nicholson reported a routine tax-related share withholding under a restricted stock award.
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Rhea-AI Filing Summary
CVB Financial Corp EVP & CFO E. Allen Nicholson reported a routine tax-related share withholding under a restricted stock award. On January 22, 2026, 2,157 shares of CVB Financial Corp common stock were withheld at a price of $20.725 per share, coded as transaction type "F", which indicates shares withheld to cover taxes on vesting equity awards. After this transaction, Nicholson beneficially owned 125,419 shares of common stock held directly.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 2,157 | $20.725 | $45K |
Footnotes (1)
- F1. Withholding of shares of RSA vested on 1/22/2026 to pay for taxes due on vested amount.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did CVBF EVP & CFO E. Allen Nicholson report?
E. Allen Nicholson reported a Form 4 transaction where 2,157 shares of CVB Financial Corp common stock were withheld on January 22, 2026 in connection with a restricted stock award vesting.
What does the transaction code F mean in the CVBF Form 4 filing?
Transaction code "F" indicates shares were withheld to pay taxes due on a vested equity award, rather than an open market purchase or sale.
Is this CVBF Form 4 transaction a discretionary sale in the open market?
No. The footnote explains that the 2,157 shares were withheld from a vested restricted stock award on January 22, 2026 to pay taxes due, rather than being sold in an open market transaction.
What role does the reporting person hold at CVB Financial Corp (CVBF)?
The reporting person, Nicholson E. Allen, is an Executive Vice President (EVP) and Chief Financial Officer (CFO) of CVB Financial Corp.
AI-generated analysis. How Rhea-AI works. Not financial advice.