4/A: CVB Financial Corp: Executive Yamynn DeAngelis Corrects Beneficial Ownership After Tax Withholding
SEC Filing (Form 4/A)
Yamynn DeAngelis, EVP Chief Risk Officer of CVB Financial Corp, files an amended Form 4 to correct the amount of shares beneficially owned following tax withholding on vested Restricted Stock Awards (RSA).
Summary
- Yamynn DeAngelis, EVP Chief Risk Officer at CVB Financial Corp, filed an amended Form 4 with the SEC.
- The amendment corrects the number of shares beneficially owned after shares were withheld to cover taxes on vested Restricted Stock Awards (RSA).
- The transactions occurred between January 24, 2025, and January 27, 2025.
- Shares were withheld at a price of $20.69 on January 24, 25 and 26, 2025.
- Shares were withheld at a price of $21.02 on January 27, 2025.
- The corrected total shares beneficially owned after these transactions is 128,213.
Sentiment
Score: 7
Explanation: The document is a routine regulatory filing (Form 4/A) related to stock transactions by an executive. The sentiment is neutral as it primarily involves correcting previously reported information. There are no indications of significant positive or negative events.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. Amendments typically indicate a need to correct previously reported information, which can arise from various reasons, including administrative errors or changes in transaction details.
Stakeholder Impact
- The correction of shares beneficially owned has a minor impact on shareholders as it provides accurate information about insider holdings.
Key Dates
| Date | Description |
|---|---|
| 01/24/2025 | Date of earliest transaction; withholding of 822 shares of common stock at $20.69 for tax purposes. |
| 01/25/2025 | Withholding of 1,019 shares of common stock at $20.69 for tax purposes. |
| 01/26/2025 | Withholding of 712 shares of common stock at $20.69 for tax purposes. |
| 01/27/2025 | Withholding of 658 shares of common stock at $21.02 for tax purposes. |
| 01/28/2025 | Date of original filing. |
| 02/20/2025 | Date of amended filing. |
Keywords
Form 4, Beneficial Ownership, CVB Financial Corp, Yamynn DeAngelis, Restricted Stock Awards, Tax Withholding, Amendment, CVBF
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