CVB Financial (CVBF) Director Mike Maddox Buys 10,000 Shares

What Happened Mike Maddox, a director of CVB Financial Corp (CVBF), purchased 10,000 shares of CVBF stock in an open-market transaction on August 31, 2026. The shares were acquired at $22.03 per share for a total cash outlay of $220,300. This was a purchase (insider acquiring shares), which investors often view as more informative than routine sales; the filing does not state Maddox’s motivation.

Key Details

• Transaction date and price: 2026-08-31 — 10,000 shares at $22.03 per share.
• Total value: $220,300.
• Transaction type/code: Open-market purchase (P).
• Shares owned after transaction: Not disclosed in the supplied filing details.
• Footnotes/plans: No 10b5-1 plan, tax withholding, or other footnotes indicated in the provided information.
• Timeliness: Filing covered the transaction date 2026-08-31 and was filed on the same date (no late-filing indicator provided).

Context Insider purchases can signal confidence but do not prove future stock performance; motivations (diversification, portfolio allocation, or other personal reasons) are not provided. For investors, purchases by directors are one data point to weigh with company fundamentals and broader market factors.