CVB FINANCIAL CORP·4

Mar 18, 6:39 PM ET

Brager David A. 4

4 · CVB FINANCIAL CORP · Filed Mar 18, 2026

Research Summary

AI-generated summary of this filing

Updated

CVB Financial CEO David Brager Receives Award, Withholds Shares

What Happened

  • David A. Brager, President & CEO of CVB Financial Corp (CVBF), had performance stock units (PRSUs) vest on 2026-03-16. 30,149 shares were awarded (grant/acquisition code A, $0.00 price). To satisfy the tax withholding obligation related to the vesting, 15,072 of the vested shares were withheld/disposed at $19.00 per share, generating a tax payment value of $286,443 (code F).

Key Details

  • Transaction date: 2026-03-16 (reported on Form 4 filed 2026-03-18).
  • Award: 30,149 PRSUs vested (no cash paid for the award; price listed $0.00).
  • Tax withholding/disposition: 15,072 shares withheld at $19.00 each = $286,443.
  • Footnotes: F1 — Vesting satisfied for PRSUs granted 1/25/2023 based on performance. F2 — Shares withheld to pay taxes on the vested PRSUs.
  • Shares owned after transaction: Not specified in the provided filing excerpt.
  • Filing timeliness: Filed 2026-03-18 for a 2026-03-16 transaction; appears to meet the Form 4 two-business-day reporting requirement (timely).

Context

  • This was not an open-market purchase or a voluntary sale; it reflects the vesting of previously granted performance awards and a routine withholding of shares to cover the related tax liability. Withholding of shares for taxes (code F) is common and does not necessarily indicate a change in the insider’s market view.

Insider Transaction Report

Form 4
Period: 2026-03-16
Brager David A.
President & CEO
Transactions
  • Award

    Common Stock

    [F1]
    2026-03-16+30,149260,565 total
  • Tax Payment

    Common Stock

    [F2]
    2026-03-16$19.00/sh15,072$286,443245,493 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 A Brager|2026-03-18

Documents

1 file
  • 4
    form4.xmlPrimary

    PRIMARY DOCUMENT