WOHL RICHARD H 4
Research Summary
AI-generated summary
CVB Financial (CVBF) EVP Richard H. Wohl Withholds Shares for Taxes
What Happened
Richard H. Wohl, EVP & General Counsel of CVB Financial (CVBF), had restricted stock awards (RSAs) vest and 2,673 shares withheld to satisfy tax withholding obligations. The withholding occurred in two tranches: 1,536 shares at $19.84 on 2026-01-24 ($30,474) and 1,137 shares at $19.84 on 2026-01-25 ($22,558), for a combined value of $53,032. This was a tax-withholding disposition of vested awards—not an open-market sale.
Key Details
- Transaction dates and prices: 2026-01-24 — 1,536 shares @ $19.84 ($30,474); 2026-01-25 — 1,137 shares @ $19.84 ($22,558).
- Total shares withheld: 2,673; total value ≈ $53,032.
- Shares owned after transaction: Not specified in the filing.
- Footnotes: F1 — withholding of shares from RSA vested 1/24/2026 to pay taxes; F2 — withholding of shares from RSA vested 1/25/2026 to pay taxes.
- Filing: Report filed 2026-01-26 (covers transactions on 1/24 and 1/25); filing appears timely.
Context
This activity is coded F (tax withholding) — a routine corporate action to cover tax liabilities when restricted shares vest. It does not represent an open-market sale decision by the insider and should not be interpreted as a directional buy/sell signal.