CVB Financial CEO receives stock award, pays taxes
CVB Financial Corp President & CEO David A. Brager reported routine equity compensation activity.
Sentiment and the balance of points
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Rhea-AI Filing Summary
CVB Financial Corp President & CEO David A. Brager reported routine equity compensation activity. He received 30,149 shares of common stock on a grant/award basis at $0.00 per share, reflecting the vesting of performance stock units granted on January 25, 2023.
On the same date, 15,072 shares of vested stock were withheld at $19.005 per share to cover tax obligations, a non-market disposition. After these transactions, Brager directly holds 245,493 shares of CVB Financial common stock.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 30,149 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 15,072 | $19.005 | $286K |
Footnotes (2)
- F1. Satisfaction of vesting conditions for Performance Stock Units ("PRSU") granted on 1/25/2023 based on performance conditions being met.
- F2. Withholding of shares of PRSU vested on 1/25/2026 to pay for taxes due on vested amount.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did CVB Financial (CVBF) CEO David Brager report?
Were the CVB Financial (CVBF) CEO’s transactions open-market buys or sells?
What do transaction codes A and F mean in the CVB Financial (CVBF) Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.