Form 4: CVB Financial Corp Executive Sells Shares to Cover Tax Obligations

Richard H. Wohl, EVP & General Counsel of CVB Financial Corp, disposed of 1,000 shares of common stock on March 25, 2025, to cover tax obligations related to vested restricted stock awards.

Summary

• Richard H. Wohl, an executive at CVB Financial Corp, filed a Form 4 with the SEC.
• The form details a transaction where 1,000 shares of common stock were disposed of on March 25, 2025.
• The shares were sold at a price of $18.94 per share.
• This transaction was to cover taxes due on vested restricted stock awards (RSA).
• Following the transaction, Wohl directly owns 41,155.642 shares of CVB Financial Corp.
• The filing indicates that Wohl is the EVP & General Counsel of the company.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing a routine transaction. It doesn't inherently convey positive or negative sentiment.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This particular filing reflects a common practice of executives selling shares to cover tax obligations arising from the vesting of stock awards.

Key Dates

Keywords

Form 4, CVB Financial Corp, Richard H. Wohl, Stock Sale, Executive Compensation, Insider Trading, Tax Obligations, Restricted Stock Awards