8-K
filed June 1, 2026, 4:15 PM ET
ticker CVBF
CIK 0000354647
leadership
confidence high
sentiment neutral
materiality 0.60
CVB Financial renews CEO David Brager contract through June 2029 with enhanced terms
CVB FINANCIAL CORP
- Third Amended Employment Agreement extends term to June 30, 2029, two years ahead of prior expiration.
- Base salary of $966,000 remains unchanged; target bonus 120% of base (max 180%) under Executive Performance Compensation Plan.
- Expected annual equity grant target 180% of base salary (minimum 150%), in RSUs, PRSUs, or options.
- Severance for without-cause/good-reason termination: 2x base plus 2x avg bonus, paid over 18 months.
- Change-in-control severance: 2.5x base plus 2.5x avg bonus plus 24 months COBRA, payable over 18 months; full vesting of equity.
Machine-readable event card
- schema_version
- secwatch.filing_event.v1
- accession
- 0001193125-26-251450
- form_type
- 8-K
- ticker
- CVBF
- cik
- 0000354647
- company_name
- CVB FINANCIAL CORP
- filed_at
- 2026-06-01T20:15:15+00:00
- discovered_at
- 2026-06-01T20:16:00.374423+00:00
- generated_at
- 2026-06-01T20:27:41.804865+00:00
- sec_items
- ["5.02", "9.01"]
- event_type
- leadership
- sentiment
- neutral
- materiality_score
- 0.6
- calibrated_materiality_score
- 0.6
- confidence
- high
- secwatch_canonical_url
- https://secwatch.observer/filing/0001193125-26-251450
- json_url
- https://secwatch.observer/filing/0001193125-26-251450.json
- markdown_url
- https://secwatch.observer/filing/0001193125-26-251450.md
- text_url
- https://secwatch.observer/filing/0001193125-26-251450.txt
- edgar_index_url
- https://www.sec.gov/Archives/edgar/data/354647/000119312526251450/0001193125-26-251450-index.htm
- edgar_primary_document_url
- https://www.sec.gov/Archives/edgar/data/354647/000119312526251450/cvbf-20260601.htm
- generated_by_model
- deepseek-v4-flash:cloud@v2
- review_status
- machine_generated
- human_reviewed
- false
- corrected
- false
- correction_note
- null
- correction_timestamp
- null
- superseded_by
- null
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