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CVB Financial (CVBF) COO has 2,157 RSU shares withheld to cover taxes

Filing Impact
(Neutral)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

CVB Financial Corp executive David C. Harvey, EVP and Chief Operating Officer, reported a share withholding related to equity compensation. On January 22, 2026, 2,157 shares of CVB Financial common stock were withheld at a price of $20.725 per share. According to the filing, these shares came from a restricted stock award that vested on that date and were withheld to pay income taxes due on the vested amount.

After this tax withholding, Harvey directly beneficially owns 135,820 shares of CVB Financial common stock. This type of transaction reflects a tax-settlement mechanism on vested stock rather than an open-market sale initiated for portfolio or valuation reasons.

Positive

  • None.

Negative

  • None.
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Harvey David C

(Last) (First) (Middle)
701 N. HAVEN AVE.

(Street)
ONTARIO CA 91764

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
CVB FINANCIAL CORP [ CVBF ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
EVP Chief Operating Officer
3. Date of Earliest Transaction (Month/Day/Year)
01/22/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 01/22/2026 F 2,157(1) D $20.725 135,820 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Withholding of shares of RSA vested on 1/22/2026 to pay for taxes due on vested amount.
/s/ David C Harvey 01/23/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did CVB Financial (CVBF) executive David C. Harvey report in this Form 4?

EVP and Chief Operating Officer David C. Harvey reported that 2,157 shares of CVB Financial common stock were withheld on January 22, 2026 to cover taxes on a vested restricted stock award.

Was the CVBF Form 4 transaction an open-market sale by the executive?

No. The filing explains that the 2,157 shares were withheld from a vested restricted stock award to pay taxes, rather than sold in an open-market transaction initiated by the executive.

How many CVB Financial (CVBF) shares does David C. Harvey own after this transaction?

After the tax withholding transaction, David C. Harvey directly beneficially owns 135,820 shares of CVB Financial common stock.

What was the reported price per share for the CVBF tax withholding transaction?

The shares withheld from the vested restricted stock award were reported at a price of $20.725 per share.

What is the role of David C. Harvey at CVB Financial (CVBF)?

According to the filing, David C. Harvey serves as EVP Chief Operating Officer of CVB Financial Corp.

Why were CVBF shares withheld from David C. Harvey’s restricted stock award?

The footnote states the shares were withheld from a restricted stock award that vested on January 22, 2026 in order to pay taxes due on the vested amount.

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