Director boosts CVB Financial (NASDAQ: CVBF) stake with 25,187-share buy
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
CVB Financial Corp director George A. Borba Jr. reported an open-market purchase of 25,187 shares of common stock at a weighted average price of $19.8515 per share. The transaction was made indirectly through George Borba & Son Dairy, L.P., where he is a general partner.
After this purchase, that partnership holds 846,308 shares. Borba also reports additional indirect holdings through various trusts and as custodian, plus 54,825 shares held directly, indicating a large, primarily indirect ownership position in CVB Financial.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 25,187 shares ($500,000)
Net Buy
5 txns
Insider
Borba George A Jr
Role
null
Bought
25,187 shs ($500K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 25,187 | $19.8515 | $500K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 846,308 shares (Indirect, Indirectly through Partnership);
Common Stock — 54,825 shares (Direct, null)
Footnotes (1)
- Represents the weighted average purchase price. The shares were purchased at prices ranging from $19.805 to $19.88 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. Shares held by George Borba & Son Dairy, L.P., a California limited partnership, of which Reporting Person is a general partner. 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 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
Shares purchased: 25,187 shares
Purchase price: $19.8515 per share
Partnership holdings after trade: 846,308 shares
+4 more
7 metrics
Shares purchased
25,187 shares
Open-market purchase of common stock
Purchase price
$19.8515 per share
Weighted average purchase price; trades from $19.805 to $19.88
Partnership holdings after trade
846,308 shares
Indirectly through George Borba & Son Dairy, L.P.
Direct holdings
54,825 shares
Shares held directly by reporting person
Trust holdings (Marital Trust)
2,277,000 shares
Indirect, as trustee; beneficial ownership disclaimed beyond pecuniary interest
Trust holdings (Children’s Trust)
4,599,439 shares
Indirect, as co-trustee; beneficial ownership disclaimed beyond pecuniary interest
Custodial holdings
288 shares
Held as custodian for minor children
Key Terms
open-market purchase, weighted average purchase price, limited partnership, pecuniary interest, +1 more
5 terms
open-market purchase financial
"transaction_action": "open-market purchase""
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.
weighted average purchase price financial
"Represents the weighted average purchase price. The shares were purchased"
The weighted average purchase price is the average cost per share you paid across multiple buys, calculated so larger purchases count more than smaller ones. Imagine buying apples at different prices: the overall price you effectively paid depends on how many apples you bought at each price. Investors use it to measure true cost basis, calculate gains or losses, decide when to sell, and manage taxes and portfolio performance.
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.
pecuniary interest financial
"disclaims beneficial ownership except to the extent of his pecuniary interest"
co-trustee financial
"of which Reporting Person is a co-trustee and disclaims beneficial ownership"
