CVB Financial director buys 50K shares indirectly
CVB Financial Corp director George A. Borba Jr. reported an indirect open-market purchase of 50,242 shares of common stock at a weighted-average price of $19.9034 per share, with individual trades ranging from $19.845 to $19.97.
Rhea-AI Filing Summary
CVB Financial Corp director George A. Borba Jr. reported an indirect open-market purchase of 50,242 shares of common stock at a weighted-average price of $19.9034 per share, with individual trades ranging from $19.845 to $19.97. The shares were bought by George Borba & Son Dairy, L.P., a California limited partnership where he is a general partner, bringing that partnership’s holdings to 796,024 shares of CVB Financial common stock. The filing also lists additional indirect holdings in various trusts and custodial accounts, as well as 54,825 shares held directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 50,242 shares
Net Buy
5 txns
Insider
Borba George A Jr
Role
Director
Bought
50,242 shs ($1000K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 50,242 | $19.9034 | $1000K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 796,024 shares (Indirect, Indirectly through Partnership);
Common Stock — 54,825 shares (Direct);
Common Stock — 288 shares (Indirect, As Custodian);
Common Stock — 4,599,439 shares (Indirect, In Trust);
Common Stock — 2,277,000 shares (Indirect, Trustee)
Footnotes (5)
- F1. Represents the weighted average purchase price. The shares were purchased at prices ranging from $19.845 to $19.97 per share. Full information regarding the number of shares purchased at each price shall be provided to the Staff, Issuer, or a security holder of Issuer, upon request.
- F2. Shares held by George Borba & Son Dairy, L.P., a California limited partnership, of which Reporting Person is a general partner.
- F3. Shares held by Reporting Person as custodian for his minor children, of which he disclaims beneficial ownership except to the extent of his pecuniary interest, if any therein.
- F4. Shares held by The Marital Trust under The George Borba Family Trust, of which Reporting Person is a co-trustee and disclaims beneficial ownership thereof, except to the extent of his pecuniary interest, if any, therein.
- F5. Shares held by the Borba Childrens Holding Trust, of which Reporting Person is a co-trustee and disclaims beneficial ownership thereof except to the extent of his pecuniary interest, if any, therein.
Key Figures
Shares purchased: 50,242 shares
Weighted-average purchase price: $19.9034 per share
Price range of purchases: $19.845–$19.97 per share
+3 more
6 metrics
Shares purchased
50,242 shares
Open-market purchase of CVB Financial common stock
Weighted-average purchase price
$19.9034 per share
Price paid for 50,242-share purchase
Price range of purchases
$19.845–$19.97 per share
Range of trade prices for the purchased shares
Partnership holdings after trade
796,024 shares
Shares held by George Borba & Son Dairy, L.P. after purchase
Trustee holdings
2,277,000 shares
Shares reported as held in trust with Borba as trustee
Direct holdings
54,825 shares
Shares held directly by George A. Borba Jr.
Key Terms
open-market purchase, indirectly through Partnership, beneficial ownership, pecuniary interest, +1 more
5 terms
open-market purchase financial
"indirect open-market purchase of 50,242 shares of common stock"
An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.
indirectly through Partnership financial
"nature_of_ownership": "Indirectly through Partnership""
beneficial ownership financial
"disclaims beneficial ownership thereof, except to the extent of his pecuniary interest"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
pecuniary interest financial
"disclaims beneficial ownership except to the extent of his pecuniary interest"
co-trustee financial
"of which Reporting Person is a co-trustee and disclaims beneficial ownership"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did CVB Financial (CVBF) disclose for George A. Borba Jr.?
CVB Financial reported an indirect open-market purchase of 50,242 shares of common stock tied to director George A. Borba Jr. The shares were acquired through George Borba & Son Dairy, L.P. at a weighted-average price of $19.9034 per share.
What other CVB Financial (CVBF) holdings are reported for George A. Borba Jr.?
Besides the partnership position, the Form 4 lists 2,277,000 shares held as trustee, 4,599,439 shares held in trust, 288 shares held as custodian, and 54,825 shares held directly, with some interests disclaimed except for any pecuniary stake.
AI-generated analysis. How Rhea-AI works. Not financial advice.
