BIAGINI KOMAS JULIANNE M 4
4 · CVB FINANCIAL CORP · Filed Apr 21, 2026
Research Summary
AI-generated summary of this filing
CVB Financial Director Julianne Biagini Komas Receives 44,326 Shares
What Happened
Julianne Biagini Komas, a director of CVB Financial Corp. (CVBF), was reported to have acquired 44,326 shares of CVB common stock on April 17, 2026. The Form 4 lists the transaction as an award/acquisition (code A) at a reported price of $0.00 (total reported value $0), because the shares were issued as merger consideration rather than purchased for cash.
Key Details
- Transaction date: April 17, 2026. Reported on Form 4 filed April 21, 2026 (timely — within required reporting window).
- Transaction type/code: A (award/grant/other acquisition). Reported price per share: $0.00; reported total value: $0.
- Shares acquired: 44,326 CVB common shares.
- Shares owned after transaction: Not disclosed in the filing.
- Footnote: Shares were received in connection with CVB’s acquisition of Heritage Commerce Corp.; each Heritage share was converted into the right to receive 0.65 CVB shares, and any fractional shares were paid in cash.
Context
This was a merger-related share conversion (exchange of Heritage shares for CVB stock), not an open-market buy or a voluntary purchase by the director. Such non-cash merger consideration reflects corporate deal mechanics rather than a director’s private trading decision, so it shouldn’t be read as an independent buy/sell signal.
Insider Transaction Report
- Award
Common Stock
[F1]2026-04-17+44,326→ 44,326 total
Footnotes (1)
- [F1]Acquired in connection with CVB Financial Corp.'s ("CVB") acquisition of Heritage Commerce Corp. ("Heritage") on April 17, 2026. Pursuant to the merger agreement, each issued and outstanding share of Heritage common stock held by the reporting person immediately prior to the merger was converted into the right to receive 0.65 of a share of CVB common stock. Fractional shares, if any, were paid in cash.