Harvey David C 4
4 · CVB FINANCIAL CORP · Filed Mar 18, 2026
Research Summary
AI-generated summary of this filing
CVB Financial (CVBF) COO Harvey David C Receives Award, Withholds Shares
What Happened
- Harvey David C, Chief Operating Officer of CVB Financial Corp (CVBF), had 12,562 performance stock units (PRSU) vest on 2026-03-16 (reported as an award). To cover tax withholding on the vested PRSUs, 6,256 shares were withheld/disposed at $19.00 per share (reported total $118,895). Net shares delivered from the vesting were 12,562 - 6,256 = 6,306 shares.
Key Details
- Transaction date: 2026-03-16; Form 4 filed 2026-03-18 (timely filing).
- Award: 12,562 PRSUs granted/vested (transaction code A; price $0.00 as reported).
- Withholding: 6,256 shares withheld/disposed to cover taxes (transaction code F) at $19.00/share (reported $118,895).
- Footnotes: F1 — vesting satisfied for PRSUs originally granted 1/25/2023 based on performance; F2 — shares withheld to pay taxes on the vested PRSUs.
- Shares owned after the transaction were not specified in the provided excerpt of the filing.
Context
- This was a compensation-related vesting event (performance stock units) with routine tax-withholding — not an open-market buy or sale meant to signal investment intent. Withholding shares to cover taxes is common in equity compensation (a form of cashless settlement).
Insider Transaction Report
Form 4
Harvey David C
EVP Chief Operating Officer
Transactions
- Award
Common Stock
[F1]2026-03-16+12,562→ 144,405 total - Tax Payment
Common Stock
[F2]2026-03-16$19.00/sh−6,256$118,895→ 138,149 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.
Signature
/s/ David C Harvey|2026-03-18