Nicholson E Allen 4

What Happened

Nicholson E. Allen, EVP & Chief Financial Officer of CVB Financial Corp (CVBF), had 2,157 shares withheld on January 22, 2026 to satisfy tax withholding related to restricted stock awards that vested that day. The filing reports the disposition of 2,157 shares at $20.73 per share for a total of $44,704. This was a tax-withholding/net settlement of vested RSA shares—not an open-market sale or purchase.

Key Details

• Transaction date: 2026-01-22 (reported 2026-01-23)
• Action type/code: Tax withholding on vested RSA (code F)
• Shares withheld/disposed: 2,157 at $20.73; reported value $44,704
• Footnote: Withholding of shares of RSA vested on 1/22/2026 to pay taxes due on vested amount (F1)
• Shares owned after transaction: Not specified in the provided filing
• Filing timeliness: Reported the next day (no late filing indicated)

Context

This was a routine tax-withholding event following the vesting of restricted stock awards (RSAs). Such withholdings are administrative and do not necessarily reflect the insider’s view of the company’s prospects. Unlike open-market sales or purchases, the company typically retains the withheld shares to cover tax obligations.