Brager David A. 4
Research Summary
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CVB Financial (CVBF) CEO David Brager Withholds 6,622 Shares for Taxes
What Happened David A. Brager, President and CEO of CVB Financial Corp. (CVBF), had 6,622 shares withheld on January 22, 2026 to satisfy tax withholding on restricted stock awards (RSA). The shares were valued at $20.73 each, totaling about $137,241. This was a tax-withholding disposition of vested awards, not an open-market sale.
Key Details
- Transaction date: 2026-01-22; Form 4 filed: 2026-01-23 (filed timely).
- Shares withheld/disposed: 6,622 at $20.73 each; total value reported $137,241.
- Transaction code: F — withholding of shares to pay tax liability.
- Footnote F1: "Withholding of shares of RSA vested on 1/22/2026 to pay for taxes due on vested amount."
- Shares owned after transaction: Not specified in the provided filing.
Context This action reflects routine tax withholding when restricted stock vests (a common administrative event) rather than a discretionary sale of shares in the market. Such withholdings typically do not indicate the insider is reducing exposure or expressing a view on the company’s prospects.