Company: CVBF
Filing Date: 2025-02-28
Form Type: 10-K
Source: 0000950170-25-029985
Chunk: 202

Company: CVB FINANCIAL CORP
Filing Date: 2025-02-28
Form: 10-K
Item: Item 1B
Chunk 202
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or Relations.”

Our board of directors has adopted an insider trading policy which governs the purchase, sale, and/or other dispositions of our securities by directors, officers and employees and other covered persons and is designed to promote compliance with insider trading laws, rules and regulations, and listing standards applicable to the Company. A copy of our Insider Trading Policy is filed as Exhibit 19 to this Annual Report on Form 10-K. 

ITEM 11.	EXECUTIVE COMPENSATION 

Information concerning management remuneration and transactions is incorporated by reference from the section entitled “Election of Directors” and “Executive Compensation — Certain Relationships and Related Transactions” of our definitive Proxy Statement to be filed pursuant to Regulation 14A within 120 days after the end of the last fiscal year. 

ITEM 12.	SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT AND RELATED STOCKHOLDER MATTERS 

The following table summarizes information as of December 31, 2024 relating to our equity compensation plans pursuant to which grants of options, restricted stock, or other rights to acquire shares may be granted from time to time. 

Equity Compensation Plan Information 

    Plan category
     
    Number of Securities to beIssued Upon Exercise ofOutstanding Options,Warrants, and Rights (a)

    Weighted-AverageExercise Price ofOutstandingOptions, Warrants,and Rights (b)

    Number of SecuritiesRemaining Available forFuture Issuance UnderEquity Compensation Plans(Excluding  SecuritiesReflected in Column (a)) (c)

    Equity compensation plans approved by   security holders

    646,531
     
    (1)(2)
    $
    20.01

    (3
    )
     
    5,372,300

    (2
    )

    Equity compensation plans not approved by security holders

    —

    —

    —

    Total

    646,531

    $
    20.01

    5,372,300

(1)Includes 213,181 performance-based restricted stock units. There are no restricted stock units outstanding. Refer to Note 15 for further information.

(2)Assumes shares issued upon vesting of performance-based units vest at 100% of target number of units. Actual number of shares issued on vesting of performance units could be zero to 125% of the target number of units.

(3)Weighted average exercise price of outstanding options; excludes restricted stock units and performance-based restricted