CVB Financial director entity buys 48,894 shares
CVB Financial Corp director George A. Borba Jr reported an indirect open-market purchase of 48,894 shares of common stock at a weighted average price of $20.4521 per share, with trade prices ranging from $20.42 to $20.50.
Rhea-AI Filing Summary
CVB Financial Corp director George A. Borba Jr reported an indirect open-market purchase of 48,894 shares of common stock at a weighted average price of $20.4521 per share, with trade prices ranging from $20.42 to $20.50. The shares were acquired by George Borba & Son Dairy, L.P., a California limited partnership in which he is a general partner, bringing that partnership’s holdings to 895,202 shares. He also reports additional indirect holdings through multiple trusts and custodial accounts, and direct ownership of 59,012 shares, while disclaiming beneficial ownership in certain entities except for any pecuniary interest.
Positive
- None.
Negative
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Insider Trade Summary
Net Buyer: 48,894 shares
Net Buy
5 txns
Insider
Borba George A Jr
Role
Director
Bought
48,894 shs ($1000K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 48,894 | $20.4521 | $1000K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 895,202 shares (Indirect, Indirectly through Partnership);
Common Stock — 59,012 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 $20.42 to $20.5 per share. Full information regarding the number of shares purchased at each price shall be provided to the Staff, Issuer, or 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: 48,894 shares
Weighted average price: $20.4521 per share
Trade price range: $20.42–$20.50 per share
+5 more
8 metrics
Shares purchased
48,894 shares
Open-market purchase by George Borba & Son Dairy, L.P.
Weighted average price
$20.4521 per share
Average purchase price for 48,894 shares
Trade price range
$20.42–$20.50 per share
Price range for purchased shares
Partnership holdings after trade
895,202 shares
Shares held by George Borba & Son Dairy, L.P.
Direct holdings
59,012 shares
Shares held directly by George A. Borba Jr
Trustee holdings
2,277,000 shares
Shares where he is reported as trustee
In-trust holdings
4,599,439 shares
Shares reported as held in trust
Custodian holdings
288 shares
Shares held as custodian for minor children
Key Terms
open-market purchase, beneficial ownership, pecuniary interest, limited partnership, +2 more
6 terms
open-market purchase financial
"Purchase in open market or private transaction"
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.
beneficial ownership financial
"disclaims beneficial ownership 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
"except to the extent of his pecuniary interest, if any, therein"
limited partnership financial
"a California limited partnership, of which Reporting Person is a general partner"
A limited partnership is a legal business structure with two types of partners: at least one general partner who runs the business and bears full legal responsibility, and one or more limited partners who contribute money, share profits, and have liability capped at their investment. For investors, it matters because it separates control from financial exposure — like putting money into a store without managing it — and affects how returns, risks, taxes and transferability of ownership are handled.
co-trustee financial
"of which Reporting Person is a co-trustee and disclaims beneficial ownership"
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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did CVB FINANCIAL CORP (CVBF) report for George A. Borba Jr?
CVB Financial reported that an entity associated with director George A. Borba Jr bought 48,894 common shares in an open-market purchase at a weighted average price of $20.4521, with trade prices between $20.42 and $20.50 per share.
What indirect CVBF holdings does George A. Borba Jr report through trusts and custodial accounts?
He reports indirect CVB Financial holdings as trustee or co-trustee in several trusts and as custodian for minor children, including positions such as 2,277,000 shares as trustee, 4,599,439 shares in trust, and 288 shares as custodian, while disclaiming beneficial ownership beyond any pecuniary interest.
AI-generated analysis. How Rhea-AI works. Not financial advice.
