Director George Borba Jr gets 4,187 CVB Financial (CVBF) shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Borba George A Jr reported acquisition or exercise transactions in this Form 4 filing.
CVB Financial Corp director George A. Borba Jr reported a compensation-related award of 4,187 shares of common stock on May 20, 2026. This grant carried a stated price of $0.00 per share and brought his direct holdings to 59,012 shares of CVB Financial common stock.
Borba also reported several indirect positions, including shares held as trustee, in trust, through a family partnership, and as custodian for his minor children. Footnotes state he disclaims beneficial ownership of many of these indirect holdings except for any pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
5 transactions reported
Mixed
5 txns
Insider
Borba George A Jr
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 4,187 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 59,012 shares (Direct, null);
Common Stock — 288 shares (Indirect, As Custodian)
Footnotes (1)
- 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. Shares held by George Borba & Son Dairy, L.P., a California limited partnership, of which Reporting Person is a general partner. 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. 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
Stock grant: 4,187 shares
Grant price: $0.00 per share
Direct holdings after grant: 59,012 shares
+4 more
7 metrics
Stock grant
4,187 shares
Common Stock grant on May 20, 2026 (code A)
Grant price
$0.00 per share
Stated transaction price for the 4,187-share award
Direct holdings after grant
59,012 shares
Total common shares directly owned following the award
Trustee-held shares
2,277,000 shares
Common Stock held with nature of ownership "Trustee"
In Trust holdings
4,599,439 shares
Common Stock reported with nature of ownership "In Trust"
Partnership holdings
846,308 shares
Common Stock held indirectly through a partnership
Custodian shares
288 shares
Shares held as custodian for minor children
Key Terms
Grant, award, or other acquisition, disclaims beneficial ownership, pecuniary interest, custodian, +1 more
5 terms
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
disclaims beneficial ownership financial
"of which Reporting Person is a co-trustee and disclaims beneficial ownership thereof"
pecuniary interest financial
"except to the extent of his pecuniary interest, if any therein"
custodian financial
"Shares held by Reporting Person as custodian for his minor children"
A custodian is a financial institution that holds and safeguards an investor's assets—such as stocks, bonds, or cash—and records transactions on the investor's behalf. Think of it as a trusted caretaker or safe-deposit box for investments; it helps prevent loss or theft, handles paperwork and transfers, and provides transparency and regulatory checks, so investors can focus on decisions rather than the mechanics or security of asset storage.
California limited partnership financial
"George Borba & Son Dairy, L.P., a California limited partnership"
FAQ
What insider transaction did CVB Financial (CVBF) report for George A. Borba Jr?
CVB Financial reported that director George A. Borba Jr received a grant of 4,187 shares of common stock on May 20, 2026. The award was recorded at $0.00 per share, reflecting a compensation-related stock grant rather than a market purchase.
What indirect CVB Financial (CVBF) holdings are associated with George A. Borba Jr?
Indirect holdings include 2,277,000 shares as trustee, 4,599,439 shares in trust, 846,308 shares through George Borba & Son Dairy, L.P., and 288 shares as custodian. Footnotes note that he disclaims beneficial ownership except to the extent of any pecuniary interest.
Was the CVB Financial (CVBF) Form 4 transaction a purchase or a grant?
The Form 4 identifies the event as a "Grant, award, or other acquisition" of 4,187 common shares, coded as transaction type A. The stated price was $0.00 per share, indicating a stock award rather than an open-market purchase at a prevailing market price.
Does George A. Borba Jr claim full beneficial ownership of all reported CVB Financial (CVBF) shares?
Footnotes explain that shares held as custodian, in certain trusts, and through related entities are reported with disclaimers of beneficial ownership. He only acknowledges beneficial ownership to the extent of his pecuniary interest in those indirect positions.