WOHL RICHARD H 4
4 · CVB FINANCIAL CORP · Filed Mar 18, 2026
Research Summary
AI-generated summary of this filing
CVB Financial (CVBF) EVP Richard H. Wohl Receives Award, Withholds Shares
What Happened Richard H. Wohl, EVP & General Counsel of CVB Financial (CVBF), had 8,291 performance stock units (PRSUs vest) credited to him (award/acquisition). To satisfy tax withholding on the vested PRSUs, 4,145 shares were surrendered (disposed) at a reported per-share withholding value of $19.00, totaling $78,776. Net shares retained from the vesting were 4,146.
Key Details
- Transaction dates reported: vesting/award recorded 2026-03-16; Form 4 filed 2026-03-18.
- Transactions reported on the form: A (award/acquisition) — 8,291 shares @ $0.00; F (tax withholding) — 4,145 shares @ $19.00 (disposed) = $78,776.
- Vesting origin: PRSUs were originally granted 01/25/2023 and vested based on performance (footnote indicates performance conditions were met).
- Shares owned after transaction: not specified in the filing.
- Filing timeliness: Form 4 was filed two days after the transaction date (appears timely, not marked late).
Context This was a performance-based award vesting, not an open-market purchase or voluntary sale. The 4,145-share disposition was a routine tax-withholding share surrender (common when awards vest) and should be viewed as administrative rather than a directional trade signal by the insider.
Insider Transaction Report
- Award
Common Stock
[F1]2026-03-16+8,291→ 54,333.642 total - Tax Payment
Common Stock
[F2]2026-03-16$19.00/sh−4,145$78,776→ 50,188.642 total
Footnotes (2)
- [F1]Satisfaction of vesting conditions for Performance Stock Units ("PRSU") granted on 1/25/2023 based on performance conditions being met.
- [F2]Withholding of shares of PRSU vested on 1/25/2026 to pay for taxes due on vested amount.