CVB Financial (NASDAQ: CVBF) CEO logs tax share withholding
Rhea-AI Filing Summary
CVB Financial Corp. President & CEO David A. Brager reported a Form 4 transaction involving 6,622 shares of common stock on January 22, 2026. The shares were withheld at $20.725 per share to cover taxes due on a restricted stock award (RSA) that vested on that date, rather than being sold in an open market transaction. Following this tax-withholding event, Brager beneficially owns 239,985 shares of CVB Financial Corp. common stock directly.
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FAQ
What insider transaction did CVB Financial Corp (CVBF) report on this Form 4?
The Form 4 shows that President & CEO David A. Brager had 6,622 shares of CVB Financial Corp. common stock withheld on January 22, 2026 to cover taxes on a vested restricted stock award.
What was the price per share for the CVBF stock withheld in the CEO’s Form 4 filing?
The 6,622 shares of CVB Financial Corp. common stock were withheld at a price of $20.725 per share to pay the related tax obligations.
How many CVB Financial Corp (CVBF) shares does CEO David A. Brager own after this transaction?
After the reported tax-withholding transaction, David A. Brager beneficially owns 239,985 shares of CVB Financial Corp. common stock directly.
Was the CVBF CEO’s Form 4 transaction an open market sale?
No. The Form 4 describes the transaction as a withholding of shares from a vested restricted stock award on January 22, 2026 to pay taxes, not as a discretionary open market sale.
What does transaction code "F" mean in the CVBF CEO’s Form 4?
Transaction code "F" indicates that shares were withheld by the issuer to satisfy tax withholding obligations upon the vesting of an equity award, in this case an RSA that vested on January 22, 2026.
Is the CVBF CEO’s ownership reported on the Form 4 direct or indirect?
The Form 4 reports that the 239,985 CVB Financial Corp. shares beneficially owned following the transaction are held with direct (D) ownership by David A. Brager.