---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-174920"
form_type: "8-K"
ticker: "CVBF"
cik: "0000354647"
company_name: "CVB FINANCIAL CORP"
filed_at: "2024-07-03T23:59:59+00:00"
generated_at: "2026-05-31T23:37:56.224353+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# CVB Financial enters employment agreements with four NEOs, providing two-year terms and enhanced severance

## Summary
- Agreements effective July 2, 2024, with two-year term through June 30, 2026, and automatic one-year renewals.
- NEOs: CFO E. Allen Nicholson, CCO David F. Farnsworth, COO David C. Harvey, and General Counsel Richard H. Wohl.
- Annual bonus target: 0-60% of base salary metrics-based plus 0-20% discretionary; equity grants target ~100% of base salary per year.
- Change-in-control severance: 2x base salary plus 2x average bonus for prior 2 years, plus 24 months COBRA, plus equity acceleration.
- Severance upon termination without cause is discretionary, determined by Compensation Committee on case-by-case basis.

## SEC filing metadata
- accession: 0001193125-24-174920
- form_type: 8-K
- ticker: CVBF
- cik: 0000354647
- company_name: CVB FINANCIAL CORP
- filed_at: 2024-07-03T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/354647/000119312524174920/0001193125-24-174920-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/354647/000119312524174920/d769269d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-174920
- JSON: https://secwatch.observer/filing/0001193125-24-174920.json
- Plain text: https://secwatch.observer/filing/0001193125-24-174920.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.