Form 4: CVB Financial Corp Executive Receives Duplicate Equity Grant
SEC Form 4 Filing
Yamynn DeAngelis, EVP Chief Risk Officer at CVB Financial Corp, received a duplicate equity grant of 10,000 shares on March 20, 2024, which was identical to an award granted on January 24, 2024.
Summary
- Yamynn DeAngelis, EVP Chief Risk Officer of CVB Financial Corp, filed a Form 4.
- The filing reports a transaction on March 20, 2024, where Ms. DeAngelis acquired 10,000 shares of common stock.
- This acquisition was an equity grant.
- The grant was an inadvertent duplicate of an identical equity award originally granted on January 24, 2024.
- Following the reported transaction, Ms. DeAngelis beneficially owns 131,710 shares of CVB Financial Corp.
- The shares are directly owned.
Sentiment
Score: 5
Explanation: The document describes a procedural error (duplicate grant). It's neither particularly positive nor negative from an investment perspective.
Industry Context
Form 4 filings are a routine part of regulatory compliance for corporate insiders and are used to disclose transactions in company stock. The inadvertent nature of the duplicate grant is unusual.
Key Dates
| Date | Description |
|---|---|
| 01/24/2024 | Original grant date of the equity award that was inadvertently duplicated. |
| 03/20/2024 | Date of the duplicate equity grant. |
| 04/03/2025 | Date of signature on the Form 4 filing. |
Keywords
Form 4, CVB Financial Corp, Equity Grant, Yamynn DeAngelis, Beneficial Ownership, Insider Trading
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