CVB Financial (NASDAQ: CVBF) EVP reports tax withholding on RSAs
Rhea-AI Filing Summary
CVB Financial Corp.'s EVP & General Counsel, Richard H. Wohl, filed a Form 4 reporting routine share withholdings tied to restricted stock awards. On January 24, 2026, 1,536 shares of common stock were withheld at $19.84 per share to cover taxes on a vested RSA, leaving 47,179.642 shares owned directly. On January 25, 2026, an additional 1,137 shares were withheld at $19.84 per share for taxes on another vested RSA, resulting in a direct ownership balance of 46,042.642 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 1,137 | $19.84 | $23K |
| Tax Withholding | Common Stock | 1,536 | $19.84 | $30K |
Footnotes (1)
- Withholding of shares of RSA vested on 1/24/2026 to pay for taxes due on vested amount. Withholding of shares of RSA vested on 1/25/2026 to pay for taxes on vested amount.
FAQ
What insider activity did CVBF EVP & General Counsel Richard Wohl report?
Richard H. Wohl reported two transactions in CVB Financial Corp. common stock. Both were coded "F," reflecting share withholdings to cover taxes on vested restricted stock awards rather than open-market trades.
Were the CVBF transactions open-market sales or tax withholdings?
The Form 4 footnotes state that both transactions reflect withholding of shares of RSA that vested on January 24, 2026 and January 25, 2026 to pay taxes on the vested amounts, not discretionary open-market sales.
What does transaction code "F" mean in this CVBF Form 4?
Transaction code "F" indicates tax-related share withholdings. In this case, shares from vested restricted stock awards were withheld at $19.84 per share to satisfy tax obligations.
What role does the reporting person hold at CVB Financial Corp. (CVBF)?
The reporting person, Richard H. Wohl, is an officer of CVB Financial Corp. serving as EVP & General Counsel, as indicated in the Form 4.