CVB Financial (CVBF) CFO reports 2,157-share tax withholding on RSA vesting
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.
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FAQ
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.
At what price were the CVBF shares withheld in this Form 4?
The 2,157 CVB Financial Corp shares were withheld at a price of $20.725 per share in connection with the tax withholding on the restricted stock award.
How many CVBF shares does E. Allen Nicholson own after this transaction?
Following the reported withholding, E. Allen Nicholson beneficially owned 125,419 shares of CVB Financial Corp common stock, held directly.
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.