CVB Financial (CVBF) COO David C. Harvey Withholds Shares for Taxes

What Happened David C. Harvey, Chief Operating Officer of CVB Financial Corp. (CVBF), had a total of 3,977 shares withheld to satisfy tax withholding obligations related to vested restricted stock awards (RSAs). On Jan 24, 2026, 2,260 shares were withheld at $19.84/share ($44,838); on Jan 25, 2026, 1,717 shares were withheld at $19.84/share ($34,065). These were tax-withholding dispositions (transaction code F), not open-market sales or purchases.

Key Details

• Transaction dates and prices: 1/24/2026 — 2,260 shares @ $19.84 ($44,838); 1/25/2026 — 1,717 shares @ $19.84 ($34,065).
• Total withheld: 3,977 shares, total value ≈ $78,903.
• Shares owned after transaction: not specified in the provided filing excerpt.
• Footnotes: F1 = withholding of shares from RSAs vested on 1/24/2026 to pay taxes; F2 = withholding of shares from RSAs vested on 1/25/2026 to pay taxes.
• Filing: Form 4 filed on 2026-01-26; timing appears timely (no late filing indicated).
• Transaction code meaning: F = tax withholding/disposition to satisfy tax liability on vested awards.

Context This was a routine tax-withholding event tied to RSA vesting, not a voluntary market sale or purchase. Withheld shares are commonly used to cover tax liabilities and generally do not signal a change in insider sentiment about the company.