Form 4: CVB Financial EVP Sells Shares for Tax Obligations
Insider Transaction Report
CVB Financial's EVP Chief Risk Officer, Yamynn DeAngelis, disposed of 1,846 shares of common stock across two transactions in January 2026 to cover tax liabilities from vested restricted stock awards.
Summary
- Yamynn DeAngelis, EVP Chief Risk Officer of CVB Financial Corp (CVBF), reported two transactions involving the disposition of common stock.
- On January 25, 2026, 1,022 shares were disposed of at a price of $19.84 per share.
- On January 24, 2026, 824 shares were disposed of at a price of $19.84 per share.
- Both dispositions were due to the withholding of shares from vested Restricted Stock Awards (RSA) to cover tax obligations.
- Following these transactions, DeAngelis beneficially owns 135,356 shares of CVB Financial Corp common stock.
Sentiment
Score: 5
Explanation: The filing reports routine tax-related dispositions of vested restricted stock awards by an executive, which is a neutral event and does not indicate a change in company fundamentals or executive sentiment.
Future Outlook
NA
Industry Context
NA
Stakeholder Impact
- Shareholders may note a slight reduction in the executive's direct ownership, but this is a routine tax event and typically has minimal impact on overall shareholder value or company operations.
Key Dates
| Date | Description |
|---|---|
| 01/24/2026 | Disposition of 824 shares of common stock for tax withholding on vested Restricted Stock Awards (RSA). |
| 01/25/2026 | Disposition of 1,022 shares of common stock for tax withholding on vested Restricted Stock Awards (RSA). |
| 01/26/2026 | Date of filing signature by Yamynn DeAngelis. |
Recommendation
holdThe reported transactions are routine dispositions of shares by an executive to cover tax liabilities associated with vested restricted stock awards. Such transactions are common and generally do not reflect a change in the company's fundamental outlook or the executive's confidence in the company, thus warranting a 'hold' recommendation based solely on this filing.
Keywords
CVB Financial, CVBF, insider trading, Form 4, stock disposition, restricted stock, tax withholding, executive compensation
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