CVB Financial Corp.
US ˙ NasdaqGS ˙ US1266001056

Introduction

This page provides a comprehensive analysis of the known insider trading history of George A Jr Borba. Insiders are officers, directors, or significant investors in a company. It is illegal for insiders to make trades in their companies based on specific, non-public information. This does not mean it is illegal for them to make any trades in their own companies. However, they must report all trades to the SEC via a Form 4. Despite these restrictions, academic research suggests that insiders - in general - tend to outperform the market in their own companies.

Average Trade Profitability

The average trade profitability is the average return of all the open market purchases made by the insider in the last three years. To calculate this, we examine every open-market, unplanned purchase made by the insider, excluding all trades that were marked as part of a 10b5-1 trading plan. We then calculate the average performance of those trades over 3, 6, and 12 months, averaging each of those durations to generate a final performance metric for each trade. Finally, we average all of the performance metrics to calculate a performance metric for the insider. This list only includes insiders that have made at least three trades in the last two years.

If this insiders trade profitability is "N/A", then the insider either has not made any open-market purchases in the last three years, or the trades they’ve made are too recent to calculate a reliable performance metric.

Update Frequency: Daily

See the list of most profitable insider traders.

See Highest Ranking Insiders
Companies with Reported Insider Positions

The SEC filings indicate George A Jr Borba has reported holdings or trades in the following companies:

Security Title Latest Reported Holdings
US:CVBF / CVB Financial Corp. Director 718,688
How to Interpret the Charts

The following charts show the stock performance of securities subsequent to each open-market, non-planned trade made by George A Jr Borba. Non-planned trade are trades that were not made as part of a 10b5-1 trading plan. The stock performance is charted as cumulative percent change in share price. For example, if an insider trade was made on January 1, 2019, the chart will show the daily percent change of the security to the present day. If the share price were to go from $10 to $15 during this time, the cumulative percent change in share price would be 50%. A change in price from $10 to $20 would be 100%, and a change in price of $10 to $5 would be -50%.

Ultimately, we are trying to determine how closely the insider’s trades correlate to excess returns (positive or negative) in the share price in order to see if the insider is timing their trades to profit from insider information. Consider the situation where an insider was doing this. In this situation, we would expect either (a) positive returns after purchases, or (b) negative returns after sales. In the case of (a), the PURCHASE chart would show a series of upwardly sloping curves, indicating positive returns after each purchase transaction. In the case of (b), the SALE chart would show a series of downward sloping curves, indicating negative returns after each sale transaction.

However, this alone is not enough to draw conclusions. If, for example, the share price of the company was in a non-cyclical climb over many years, then we would expect all the post-purchase plots to be upwardly sloping. Likewise, non-cyclical declines over many years would result in downward sloping post-trade plots. Neither of these charts would suggest insider trading activity.

The strongest indicator would be a situation where the share price was extremely cyclical, and there were both positive signals in the PURCHASE chart and negative plots on the SALE chart. This situation would be highly suggestive of an insider that was timing trades to their financial advantage.

Insider Purchases CVBF / CVB Financial Corp. - Short Term Profit Analysis

In this section, we analyze the profitability of every unplanned, open-market insider purchase made in CVBF / CVB Financial Corp.. This analysis helps to understand if the insider consistently generates abnormal returns, and is worth following. This analysis is for one-year following each trade, and the results are theoretical.

The following table shows the most recent open market purchases that were not part of an automatic trading plan.

Trade Date Ticker Insider Reported
Shares		 Reported
Price		 Adjusted
Shares		 Adjusted
Price		 Cost Basis Days to
Max		 Price at
Max		 Max
Profit ($)		 Max Return (%)
2025-08-04 CVBF Borba George A Jr 53,567 18.6682 53,567 18.6682 999,999 31 20.4500 95,446 9.54
2024-06-17 CVBF Borba George A Jr 4,610 15.9990 4,610 15.9990 73,755
2024-06-14 CVBF Borba George A Jr 34,200 15.9894 34,200 15.9894 546,837
2024-02-06 CVBF Borba George A Jr 59,601 16.7782 59,601 16.7782 999,997
2023-11-02 CVBF Borba George A Jr 97,006 16.8251 97,006 16.8251 1,632,136
2023-11-01 CVBF Borba George A Jr 212,000 15.8424 212,000 15.8424 3,358,589
2023-08-08 CVBF Borba George A Jr 92,704 19.1132 92,704 19.1132 1,771,870
2023-08-07 CVBF Borba George A Jr 165,000 19.5175 165,000 19.5175 3,220,388

Adjusted Price is the split-adjusted price. Adjusted Shares is the split-adjusted shares.

CVBF / CVB Financial Corp. Insider Trades
Insider Sales CVBF / CVB Financial Corp. - Short Term Loss Analysis

In this section, we analyze the short-term loss avoidance of every unplanned, open-market insider sale made in CVBF / CVB Financial Corp.. A consistent pattern of loss avoidance may suggest that future sale transactions may predict declines in price. This analysis is for one-year following each trade, and the results are theoretical.

The following table shows the most recent open market sales that were not part of an automatic trading plan.

Trade Date Ticker Insider Reported
Shares		 Reported
Price		 Adjusted
Shares		 Adjusted
Price		 Cost Basis Days to
Min		 Price at
Min		 Max Loss
Avoided ($)		 Max Loss
Avoided (%)
2014-03-13 CVBF Borba George A Jr 68,501 15.8400 68,501 15.8400 1,085,056 210 13.8100 -139,056 -12.82
2014-03-12 CVBF Borba George A Jr 66,395 16.0060 66,395 16.0060 1,062,718
2014-03-11 CVBF Borba George A Jr 250,000 16.0061 250,000 16.0061 4,001,525
2014-03-10 CVBF Borba George A Jr 250,000 16.0910 250,000 16.0910 4,022,750
2013-08-09 CVBF Borba George A Jr 92,969 13.1791 92,969 13.1791 1,225,248
2013-07-23 CVBF Borba George A Jr 273,500 13.3352 273,500 13.3352 3,647,177
2013-07-22 CVBF Borba George A Jr 377,887 13.3006 377,887 13.3006 5,026,124
2013-06-13 CVBF Borba George A Jr 523,361 11.0046 523,361 11.0046 5,759,378
2013-06-12 CVBF Borba George A Jr 725,252 11.0953 725,252 11.0953 8,046,889
2013-06-11 CVBF Borba George A Jr 100,000 11.3702 100,000 11.3702 1,137,020
2013-03-12 CVBF Borba George A Jr 1,277 10.9000 1,277 10.9000 13,919
2013-03-11 CVBF Borba George A Jr 320,000 10.8965 320,000 10.8965 3,486,880
2013-03-08 CVBF George Borba Family Trust 150,000 10.9053 150,000 10.9053 1,635,795
2013-03-07 CVBF George Borba Family Trust 101,151 10.8854 101,151 10.8854 1,101,069
2013-03-06 CVBF George Borba Family Trust 105,200 10.8107 105,200 10.8107 1,137,286
2013-03-05 CVBF George Borba Family Trust 380,902 10.7711 380,902 10.7711 4,102,734
2013-03-04 CVBF George Borba Family Trust 346,802 10.5187 346,802 10.5187 3,647,906
2013-03-01 CVBF George Borba Family Trust 344,891 10.5099 344,891 10.5099 3,624,770
2013-02-28 CVBF George Borba Family Trust 65,000 10.6463 65,000 10.6463 692,010
2013-02-27 CVBF George Borba Family Trust 50,000 10.6870 50,000 10.6870 534,350
2013-02-20 CVBF George Borba Family Trust 32,505 11.0128 32,505 11.0128 357,971
2013-02-19 CVBF George Borba Family Trust 14,000 11.0003 14,000 11.0003 154,004
2013-02-14 CVBF George Borba Family Trust 307 11.0000 307 11.0000 3,377
2013-02-13 CVBF George Borba Family Trust 1,738 11.0000 1,738 11.0000 19,118
2013-02-12 CVBF George Borba Family Trust 17,100 11.0000 17,100 11.0000 188,100

Adjusted Price is the split-adjusted price. Adjusted Shares is the split-adjusted shares.

CVBF / CVB Financial Corp. Insider Trades
Insider Trading History

This table shows the complete list of insider trades made by George A Jr Borba as disclosed to the Securities Exchange Commission (SEC).

File Date Tran Date Form Ticker Security Code 10b5-1 Shares Remaining Shares Percent
Change		 Share
Price		 Tran
Value		 Remaining
Value
2025-08-04 2025-08-04 4 CVBF CVB FINANCIAL CORP
Common Stock 		P - Purchase 53,567 718,688 8.05 18.67 999,999 13,416,611
2025-05-22 2025-05-21 4 CVBF CVB FINANCIAL CORP
Common Stock 		A - Award 4,462 54,825 8.86
2024-06-18 2024-06-17 4 CVBF CVB FINANCIAL CORP
Common Stock 		P - Purchase 4,610 665,121 0.70 16.00 73,755 10,641,271
2024-06-18 2024-06-14 4 CVBF CVB FINANCIAL CORP
Common Stock 		P - Purchase 34,200 660,511 5.46 15.99 546,837 10,561,175
2024-05-16 2024-05-15 4 CVBF CVB FINANCIAL CORP
Common Stock 		A - Award 4,899 50,363 10.78
2024-02-06 2024-02-06 4 CVBF CVB FINANCIAL CORP
Common Stock 		P - Purchase 59,601 626,311 10.52 16.78 999,997 10,508,371
2023-11-02 2023-11-01 4 CVBF CVB FINANCIAL CORP
Common Stock 		P - Purchase 212,000 469,704 82.26 15.84 3,358,589 7,441,239
2023-11-02 2023-11-02 4 CVBF CVB FINANCIAL CORP
Common Stock 		P - Purchase 97,006 566,710 20.65 16.83 1,632,136 9,534,952
2023-08-09 2023-08-08 4 CVBF CVB FINANCIAL CORP
Common Stock 		P - Purchase 92,704 257,704 56.18 19.11 1,771,870 4,925,548
2023-08-09 2023-08-07 4 CVBF CVB FINANCIAL CORP
Common Stock 		P - Purchase 165,000 165,000 19.52 3,220,388 3,220,388
2023-05-18 2023-05-17 4 CVBF CVB FINANCIAL CORP
Common Stock 		A - Award 8,257 45,464 22.19
2022-03-24 2022-03-23 4 CVBF CVB FINANCIAL CORP
Common Stock 		A - Award 3,686 37,207 11.00
2021-03-18 2021-03-17 4 CVBF CVB FINANCIAL CORP
Common Stock 		A - Award 3,606 33,521 12.05
2020-03-26 2020-03-25 4 CVBF CVB FINANCIAL CORP
Common Stock 		A - Award 4,683 29,915 18.56
2019-03-21 2019-03-20 4 CVBF CVB FINANCIAL CORP
Common Stock 		A - Award 4,000 25,232 18.84
2018-03-23 2018-03-21 4 CVBF CVB FINANCIAL CORP
Common Stock 		A - Award 3,000 21,232 16.45
2017-04-14 2017-03-22 4/A CVBF CVB FINANCIAL CORP
Common Stock 		A - Award 3,000 18,232 19.70
2017-03-07 2017-02-22 4 CVBF CVB FINANCIAL CORP
Common Stock 		A - Award 3,000 18,232 19.70
2014-10-23 2014-10-22 4 CVBF CVB FINANCIAL CORP
Common Stock 		A - Award 4,000 15,232 35.61
2014-03-14 2014-03-13 4 CVBF CVB FINANCIAL CORP
Common Stock 		S - Sale -68,501 4,599,439 -1.47 15.84 -1,085,056 72,855,114
2014-03-12 2014-03-12 4 CVBF CVB FINANCIAL CORP
Common Stock 		S - Sale -66,395 4,667,940 -1.40 16.01 -1,062,718 74,715,048
2014-03-12 2014-03-11 4 CVBF CVB FINANCIAL CORP
Common Stock 		S - Sale -250,000 4,734,335 -5.02 16.01 -4,001,525 75,778,239
2014-03-12 2014-03-10 4 CVBF CVB FINANCIAL CORP
Common Stock 		S - Sale -250,000 4,984,335 -4.78 16.09 -4,022,750 80,202,934
2014-02-27 2014-02-19 4 CVBF CVB FINANCIAL CORP
Common Stock 		G - Gift 2,000,000 2,277,000 722.02
2014-02-27 2014-02-19 4 CVBF CVB FINANCIAL CORP
Common Stock 		G - Gift -2,000,000 5,234,355 -27.65
2013-08-09 2013-08-09 4 CVBF CVB FINANCIAL CORP
Stock Option (right to buy) 		M - Exercise 25,000 0 -100.00 8.18 204,500
2013-08-09 2013-08-09 4 CVBF CVB FINANCIAL CORP
Stock Option (right to buy) 		M - Exercise 25,000 0 -100.00 9.46 236,500
2013-08-09 2013-08-09 4 CVBF CVB FINANCIAL CORP
Stock Option (right to buy) 		M - Exercise 42,969 0 -100.00 12.15 522,073
2013-08-09 2013-08-09 4 CVBF CVB FINANCIAL CORP
Common Stock 		S - Sale -92,969 7,234,335 -1.27 13.18 -1,225,248 95,342,024
2013-08-09 2013-08-09 4 CVBF CVB FINANCIAL CORP
Common Stock 		M - Exercise 25,000 7,327,304 0.34 8.18 204,500 59,937,347
2013-08-09 2013-08-09 4 CVBF CVB FINANCIAL CORP
Common Stock 		M - Exercise 25,000 7,302,304 0.34 9.46 236,500 69,079,796
2013-08-09 2013-08-09 4 CVBF CVB FINANCIAL CORP
Common Stock 		M - Exercise 42,969 7,277,304 0.59 12.15 522,073 88,419,244
2013-07-23 2013-07-23 4 CVBF CVB FINANCIAL CORP
Common Stock 		S - Sale -273,500 7,234,335 -3.64 13.34 -3,647,177 96,471,304
2013-07-23 2013-07-22 4 CVBF CVB FINANCIAL CORP
Common Stock 		S - Sale -377,887 7,507,835 -4.79 13.30 -5,026,124 99,858,710
2013-06-13 2013-06-13 4 CVBF CVB FINANCIAL CORP
Common Stock 		S - Sale -523,361 7,885,722 -6.22 11.00 -5,759,378 86,779,216
2013-06-13 2013-06-12 4 CVBF CVB FINANCIAL CORP
Common Stock 		S - Sale -725,252 8,409,083 -7.94 11.10 -8,046,889 93,301,299
2013-06-13 2013-06-11 4 CVBF CVB FINANCIAL CORP
Common Stock 		S - Sale -100,000 9,134,335 -1.08 11.37 -1,137,020 103,859,216
2013-06-12 2013-03-12 4/A CVBF CVB FINANCIAL CORP
Common Stock 		S - Sale -1,277 9,234,335 -0.01 10.90 -13,919 100,654,252
2013-06-12 2013-03-11 4/A CVBF CVB FINANCIAL CORP
Common Stock 		S - Sale -320,000 9,235,612 -3.35 10.90 -3,486,880 100,635,846
2013-03-13 2013-03-12 4 CVBF CVB FINANCIAL CORP
Common Stock 		S - Sale -1,277 9,234,335 -0.01 10.90 -13,919 100,654,252
2013-03-13 2013-03-11 4 CVBF CVB FINANCIAL CORP
Common Stock 		S - Sale -320,000 9,235,612 -3.35 10.90 -3,486,880 100,635,846
2013-03-08 2013-03-08 4 CVBF CVB FINANCIAL CORP
Common Stock 		S - Sale -150,000 9,555,612 -1.55 10.91 -1,635,795 104,206,816
2013-03-08 2013-03-07 4 CVBF CVB FINANCIAL CORP
Common Stock 		S - Sale -101,151 9,705,612 -1.03 10.89 -1,101,069 105,649,469
2013-03-06 2013-03-06 4 CVBF CVB FINANCIAL CORP
Common Stock 		S - Sale -105,200 9,806,763 -1.06 10.81 -1,137,286 106,017,973
2013-03-06 2013-03-05 4 CVBF CVB FINANCIAL CORP
Common Stock 		S - Sale -380,902 9,911,963 -3.70 10.77 -4,102,734 106,762,745
2013-03-06 2013-03-04 4 CVBF CVB FINANCIAL CORP
Common Stock 		S - Sale -346,802 10,292,865 -3.26 10.52 -3,647,906 108,267,559
2013-03-01 2013-03-01 4 CVBF CVB FINANCIAL CORP
Common Stock 		S - Sale -344,891 10,639,667 -3.14 10.51 -3,624,770 111,821,836
2013-03-01 2013-02-28 4 CVBF CVB FINANCIAL CORP
Common Stock 		S - Sale -65,000 10,984,558 -0.59 10.65 -692,010 116,944,900
2013-03-01 2013-02-27 4 CVBF CVB FINANCIAL CORP
Common Stock 		S - Sale -50,000 11,049,558 -0.45 10.69 -534,350 118,086,626
2013-02-20 2013-02-20 4 CVBF CVB FINANCIAL CORP
Common Stock 		S - Sale -32,505 11,099,558 -0.29 11.01 -357,971 122,237,212
2013-02-20 2013-02-19 4 CVBF CVB FINANCIAL CORP
Common Stock 		S - Sale -14,000 11,132,063 -0.13 11.00 -154,004 122,456,033
2013-02-20 2013-02-11 5/A CVBF CVB FINANCIAL CORP
Common Stock 		S - Sale -5,000 11,165,208 -0.04 11.00 -55,000 122,818,405
2013-02-20 2013-02-08 5/A CVBF CVB FINANCIAL CORP
Common Stock 		S - Sale -36,127 11,170,208 -0.32 11.00 -397,523 122,911,384
2013-02-20 2013-02-07 5/A CVBF CVB FINANCIAL CORP
Common Stock 		S - Sale -28,000 11,206,335 -0.25 11.01 -308,280 123,381,748
2013-02-20 2012-12-10 5/A CVBF CVB FINANCIAL CORP
Common Stock 		W - Other 277,000 277,000
2013-02-15 2013-02-14 4 CVBF CVB FINANCIAL CORP
Common Stock 		S - Sale -307 11,146,063 0.00 11.00 -3,377 122,606,693
2013-02-14 2013-02-13 4 CVBF CVB FINANCIAL CORP
Common Stock 		S - Sale -1,738 11,146,370 -0.02 11.00 -19,118 122,610,070
2013-02-14 2013-02-12 4 CVBF CVB FINANCIAL CORP
Common Stock 		S - Sale -17,100 11,148,108 -0.15 11.00 -188,100 122,629,188
2013-02-11 2013-02-11 5 CVBF CVB FINANCIAL CORP
Common Stock 		S - Sale -5,000 11,165,208 -0.04 11.00 -55,000 122,818,405
2013-02-11 2013-02-08 5 CVBF CVB FINANCIAL CORP
Common Stock 		S - Sale -36,127 11,170,208 -0.32 11.00 -397,523 122,911,384
2013-02-11 2013-02-07 5 CVBF CVB FINANCIAL CORP
Common Stock 		S - Sale -28,000 11,206,335 -0.25 11.01 -308,280 123,381,748
2013-02-11 2012-12-10 5 CVBF CVB FINANCIAL CORP
Common Stock 		W - Other 277,000 277,000
2012-11-21 2012-11-20 4 CVBF CVB FINANCIAL CORP
Common Stock 		A - Award 10,000 11,520 657.89
2012-11-19 3 CVBF CVB FINANCIAL CORP
Common Stock 		1,232
2012-11-19 3 CVBF CVB FINANCIAL CORP
Common Stock 		288
P
Open market or private purchase of non-derivative or derivative security
S
Open market or private sale of non-derivative or derivative security
A
Grant, award, or other acquisition of securities from the company (such as an option)
C
Conversion of derivative
D
Sale or transfer of securities back to the company
F
Payment of exercise price or tax liability using portion of securities received from the company
G
Gift of securities by or to the insider
K
Equity swaps and similar hedging transactions
M
Exercise or conversion of derivative security received from the company (such as an option)
V
A transaction voluntarily reported on Form 4
J
Other (accompanied by a footnote describing the transaction)