4/A: CVB Financial Corp Officer Laygo Corrects Beneficial Ownership After Tax Withholding
SEC Filing
Sheryl Laygo, Chief Accounting 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.
Summary
- Sheryl Laygo, Chief Accounting Officer of CVB Financial Corp, filed an amended Form 4 with the SEC.
- The amendment corrects the amount of shares beneficially owned following the withholding of shares to cover taxes due on vested restricted stock awards (RSA).
- The initial transaction occurred on March 20, 2025, where 246 shares were withheld at a price of $18.61.
- A subsequent transaction occurred on March 23, 2025, where 207 shares were withheld at a price of $18.7.
- Following these transactions, Laygo directly owns 12,002 shares of CVB Financial Corp common stock.
Sentiment
Score: 7
Explanation: The document is a routine regulatory filing (Form 4/A) related to insider transactions. The sentiment is neutral as it simply corrects previously reported information.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. Amendments are sometimes necessary to correct errors or provide additional clarification.
Key Dates
| Date | Description |
|---|---|
| 03/20/2025 | Withholding of 246 shares of common stock at $18.61 for tax purposes. |
| 03/23/2025 | Withholding of 207 shares of common stock at $18.7 for tax purposes. |
| 03/24/2025 | Original filing date of Form 4 (amended on 03/27/2025). |
| 03/27/2025 | Date of amended Form 4 filing. |
Keywords
Form 4, Beneficial Ownership, CVB Financial Corp, CVBF, Sheryl Laygo, Tax Withholding, Restricted Stock Award, SEC Filing
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