CFO at CVB Financial (NASDAQ: CVBF) exercises 6,000 share options
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
CVB Financial Corp Executive Vice President and CFO E. Allen Nicholson exercised stock options covering 6,000 shares of common stock on March 31, 2026 at an exercise price of $16.62 per share. Following the transaction, he directly owns 133,776 shares of CVB Financial common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
6,000 shares exercised/converted
Mixed
2 txns
Insider
Nicholson E Allen
Role
EVP & CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option Right to Buy | 6,000 | $0.00 | -- |
| Exercise | Common Stock | 6,000 | $16.62 | $100K |
Holdings After Transaction:
Stock Option Right to Buy — 0 shares (Direct);
Common Stock — 133,776 shares (Direct)
Footnotes (1)
Key Figures
Options exercised: 6,000 shares
Exercise price: $16.62 per share
Shares held after transaction: 133,776 shares
3 metrics
Options exercised
6,000 shares
Stock option exercise on March 31, 2026
Exercise price
$16.62 per share
Strike price of stock option right to buy
Shares held after transaction
133,776 shares
Direct common stock ownership post‑exercise
Key Terms
Stock Option Right to Buy, derivative security, Common Stock, Form 4
4 terms
Stock Option Right to Buy financial
"security_title: "Stock Option Right to Buy""
derivative security financial
"transaction_action: "derivative exercise/conversion""
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
Common Stock financial
"underlying_security_title: "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Form 4 regulatory
"INSIDER FILING DATA (Form 4)"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did CVB Financial (CVBF) report for its CFO?
CVB Financial reported that EVP & CFO E. Allen Nicholson exercised stock options for 6,000 shares of common stock. The options were exercised on March 31, 2026, converting a derivative position into directly held shares.
What was the exercise price for the CFO’s CVB Financial (CVBF) stock options?
The 6,000 stock options exercised by EVP & CFO E. Allen Nicholson carried an exercise price of $16.62 per share. This price was set in the original option grant and was used to convert the derivative position into common stock.
What type of security did the CVB Financial (CVBF) CFO exercise?
E. Allen Nicholson exercised a “Stock Option Right to Buy,” a derivative security allowing purchase of 6,000 CVB Financial common shares at $16.62. This exercise converted the option position into directly owned common stock on March 31, 2026.