CVB Financial Director Mike Maddox Buys 10,000 Shares
CVB Financial director Mike Maddox purchased 10,000 shares of the company on Aug. 31 in a transaction valued at approximately $220,300. The purchase significantly increased Maddox's ownership to over 13,000 shares.
Why it matters — A director's substantial share purchase can signal insider confidence in the company's prospects, which is notable for CVBF watchers monitoring management sentiment.