Nicholson E Allen 4

What Happened Nicholson E. Allen, EVP & Chief Financial Officer of CVB Financial Corp (CVBF), exercised stock options on 2026-03-31 to acquire 6,000 shares at an exercise price of $16.62, for a total cash outlay of $99,720. The Form 4 also reports a corresponding disposition of 6,000 derivative units at $0 (this reflects removal/surrender/conversion of the option instrument), and no open-market sale of the acquired shares is shown on the filing.

Key Details

• Transaction date: 2026-03-31
• Primary transaction: Exercise of options (transaction code M)
• Shares acquired: 6,000 at $16.62 each — total $99,720
• Derivative disposition: 6,000 units reported disposed at $0 (reflects conversion/surrender of the derivative)
• Filing date: Form 4 filed 2026-04-03
• Shares owned after the transaction: not specified in the information provided here (see the full Form 4 for post-transaction holdings and footnotes)

Context

• Code M denotes an option exercise (the derivative rights were converted into common shares). The paired disposition at $0 typically represents the surrender/conversion of the option instrument, not a market sale of shares.
• No sale of the newly acquired shares is reported on this filing, so this was an acquisition (not a liquidity event). The reported cash value of the exercise is about $99.7k.
• For full detail and any footnotes (e.g., tax withholding, net-settlement, or 10b5-1 plans), consult the complete Form 4 filing (accession 0000354647-26-000061).