Form 4: CVB Financial Corp Executive Yamynn DeAngelis Corrects Equity Grant Error
SEC Filing
Yamynn DeAngelis, EVP Chief Risk Officer of CVB Financial Corp, reports the rescission of a duplicate equity grant made in error.
Summary
- This Form 4 filing reports a change in beneficial ownership for Yamynn DeAngelis, EVP Chief Risk Officer of CVB Financial Corp.
- The transaction involves the rescission of a prior equity grant made in error on March 20, 2024.
- The rescission occurred on March 25, 2025, after the error was discovered.
- As a result of the rescission, 10,000 shares of common stock were removed, with no price involved.
- Following the transaction, DeAngelis directly owns 127,926 shares of CVB Financial Corp common stock.
Sentiment
Score: 7
Explanation: The document is neutral, reporting a correction of an error. It doesn't indicate positive or negative performance, but rather a procedural adjustment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing specifically addresses a correction of a previous error.
Key Dates
| Date | Description |
|---|---|
| 03/20/2024 | Date of the mistaken duplicate equity grant |
| 03/25/2025 | Date of rescission of the equity grant |
| 04/03/2025 | Date of signature on the Form 4 filing |
Keywords
Form 4, Beneficial Ownership, Equity Grant, Rescission, CVB Financial Corp, CVBF, DeAngelis, Executive Compensation
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