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CVB Financial (NASDAQ: CVBF) EVP gets 9,547-share grant, 3,426 withheld for taxes

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

CVB Financial Corp EVP & CCO David F. Farnsworth reported compensation-related stock activity. On March 16, 2026, he acquired 9,547 shares of common stock at $0.00 per share as a grant following the satisfaction of performance conditions for Performance Stock Units granted on January 25, 2023.

On the same date, 3,426 shares were disposed of at $19.005 per share to cover taxes due on the vested amount. After these transactions, he directly owned 83,882 shares of CVB Financial common stock.

Positive

  • None.

Negative

  • None.
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Farnsworth David F

(Last)(First)(Middle)
701 N. HAVEN AVE.

(Street)
ONTARIO CALIFORNIA 91764

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
CVB FINANCIAL CORP [ CVBF ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
EVP & CCO
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
03/16/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock03/16/2026A9,547(1)A$087,308D
Common Stock03/16/2026F3,426(2)D$19.00583,882D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Satisfaction of vesting conditions for Performance Stock Units ("PRSU") granted on 1/25/2023 based on performance conditions being met.
2. Withholding of shares of PRSU vested on 1/25/2026 to pay for taxes due on vested amount.
/s/ David F Farnsworth03/18/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transactions did CVB FINANCIAL CORP (CVBF) report for David F. Farnsworth?

CVB Financial’s EVP & CCO David F. Farnsworth received 9,547 common shares as a grant and had 3,426 shares withheld to pay taxes. Both transactions occurred on March 16, 2026, and were tied to previously granted Performance Stock Units.

Was the CVBF insider transaction a market purchase or sale of shares?

The activity was compensation-related, not an open-market trade. Shares were granted at no cost upon PRSU vesting, and a portion was disposed of solely to satisfy tax obligations, rather than reflecting a discretionary buy or sell decision in the market.

How many CVBF shares did David F. Farnsworth acquire and dispose of in this filing?

He acquired 9,547 CVB Financial common shares through a grant and disposed of 3,426 shares for tax withholding. The disposal price was $19.005 per share, according to the reported non-derivative transactions in the Form 4 data.

What are the Performance Stock Units (PRSUs) referenced in the CVBF Form 4?

The filing notes PRSUs granted on January 25, 2023, that vested after performance conditions were met. Upon vesting on January 25, 2026, shares were delivered as common stock, and a portion was withheld to cover taxes due on the vested amount.

How many CVBF shares does David F. Farnsworth own after these transactions?

Following the grant and tax withholding disposition, David F. Farnsworth directly holds 83,882 shares of CVB Financial common stock. This total reflects the net position after the 9,547-share grant and the 3,426 shares withheld for tax obligations.

What does the tax withholding transaction mean in the CVBF insider filing?

The tax withholding transaction represents 3,426 shares delivered to satisfy tax liabilities on vested PRSUs. It is coded as an F transaction, indicating a payment of taxes by delivering securities, rather than a voluntary open-market sale by the executive.
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