Borba George A Jr 4
Research Summary
AI-generated summary
CVB Financial (CVBF) Director George Borba Jr Buys 50,242 Shares
What Happened
- George A. Borba Jr., a director of CVB Financial Corp (CVBF), reported an open-market purchase of 50,242 shares on May 12, 2026. The filing shows a weighted average purchase price of $19.90 per share for a total reported value of $999,987. This was an acquisition (purchase), which investors often view as a bullish signal from an insider.
Key Details
- Transaction type: Open-market purchase (reporting code P).
- Transaction date: 2026-05-12; Filing date / Period of Report: 2026-05-12 (filed timely).
- Price: Weighted average $19.90; purchases ranged from $19.845 to $19.97 per share (footnote F1).
- Total value: $999,987.
- Shares owned after transaction: Not specified in the provided summary of the Form 4.
- Notable footnotes:
- F1: Weighted-average price; full breakdown by share price available upon request.
- F2–F5: Some shares are held in entities/trusts (George Borba & Son Dairy, L.P.; custodial holdings for minor children; The Marital Trust under The George Borba Family Trust; Borba Childrens Holding Trust). The reporting person disclaims beneficial ownership of certain trust/custodial holdings except to the extent of any pecuniary interest.
Context
- This was a straight open-market purchase, not an option exercise, gift, or tax withholding. No sale occurred in this filing. Purchases by directors can indicate confidence, but filings are factual reports and do not state motivation.