CVB Financial (NASDAQ: CVBF) CEO has shares withheld to cover RSA tax obligations
Rhea-AI Filing Summary
CVB Financial Corp.'s President and CEO David A. Brager reported two transactions involving company common stock related to tax withholding on vested restricted stock awards. On January 24, 2026, 5,433 shares of common stock were withheld at
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FAQ
What insider activity did CVBF report for President & CEO David A. Brager?
CVB Financial Corp. reported that President & CEO David A. Brager had shares of common stock withheld in two transactions to pay taxes due on vested restricted stock awards on January 24, 2026 and January 25, 2026.
How many CVBF shares were withheld for taxes in the latest Form 4?
A total of 5,433 CVB Financial common shares were withheld on January 24, 2026 and 4,136 shares were withheld on January 25, 2026, each at
Did the CVBF CEO sell shares on the open market in this Form 4?
No open market sale is indicated. The Form 4 shows transaction code F, meaning shares were withheld by the issuer from vested restricted stock awards to pay taxes, rather than discretionary market sales.
How many CVBF shares does the CEO own after the reported transactions?
After the second withholding transaction on January 25, 2026, President & CEO David A. Brager directly owned 230,416 shares of CVB Financial common stock.
What does transaction code F mean in the CVBF Form 4 filing?
Transaction code F in the Form 4 indicates payment of tax liability by withholding securities incident to the vesting of a stock award, rather than a voluntary purchase or sale in the market.
Are the CVBF CEO’s reported holdings direct or indirect?
The Form 4 shows the CEO’s post-transaction holdings of 230,416 CVB Financial shares as direct (D) ownership, with no indirect ownership nature specified in this filing.