Home / Business and Economy / Director Buys 10,000 CVB Financial Shares
Director Buys 10,000 CVB Financial Shares
6 Sep
Summary
- Director Mike Maddox purchased 10,000 CVB Financial shares.
- The transaction value was approximately $220,300.
- Maddox now holds 13,138 shares, 0.009% of the company.
On August 31, 2026, Director Mike Maddox of CVB Financial made a notable investment, acquiring 10,000 shares of the company's stock. The transaction, detailed in a SEC Form 4 filing, occurred at a weighted average price of $22.03 per share.
This purchase represents a considerable expansion of Maddox's equity holdings. Following the acquisition, his direct share count reached 13,138, equating to 0.009% of CVB Financial's total outstanding shares. The transaction price was slightly lower than the closing market price of $22.17 on the same day.
CVB Financial, the parent company of Citizens Business Bank, operates as a regional financial institution. For the trailing twelve months, the company reported revenue of $572.4 million and a net income of $205.5 million. The bank offers comprehensive deposit and loan services to individuals and small to medium-sized businesses in its operating markets.
