Form 4: CB Financial Services Director Acquires 1,000 Shares of Common Stock
SEC Form 4 Filing
Director David F. Pollock acquired 1,000 shares of CB Financial Services common stock on February 16, 2025, and holds a total of 48,030 shares.
Summary
- On February 16, 2025, David F. Pollock, a director of CB Financial Services, Inc., acquired 1,000 shares of common stock.
- The acquisition was made at a price of $0 per share.
- Following the transaction, Pollock directly owns 48,030 shares of common stock.
- These holdings include restricted stock that vests at a rate of 20% per year, commencing on various dates from December 14, 2021, to February 16, 2026.
- Pollock also holds stock options to purchase 1,115 shares at $30.75, exercisable from December 15, 2018, and expiring on December 15, 2027, and 1,400 shares at $26.45, exercisable from December 16, 2017, and expiring on December 16, 2026.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, so the sentiment is neutral. It simply reports a transaction.
Positives
- The director's acquisition of shares could be interpreted as a positive signal about their confidence in the company's future prospects.
Industry Context
Form 4 filings are standard disclosures required by the SEC to provide transparency into the transactions of company insiders, allowing investors to monitor potential alignment of interests between management and shareholders.
Stakeholder Impact
- The transaction provides shareholders with information about insider trading activity, which can influence investor sentiment.
Key Dates
| Date | Description |
|---|---|
| 12/16/2017 | Date from which stock options for 1,400 shares at $26.45 are exercisable. |
| 12/15/2018 | Date from which stock options for 1,115 shares at $30.75 are exercisable. |
| 12/14/2021 | Commencement date for 20% annual vesting of some restricted stock. |
| 02/16/2023 | Commencement date for 20% annual vesting of some restricted stock. |
| 02/16/2024 | Commencement date for 20% annual vesting of some restricted stock. |
| 02/16/2025 | Date of common stock acquisition and commencement date for 20% annual vesting of some restricted stock. |
| 02/16/2025 | Date of transaction. |
| 12/16/2026 | Expiration date for stock options for 1,400 shares at $26.45. |
| 12/15/2027 | Expiration date for stock options for 1,115 shares at $30.75. |
Keywords
CB Financial Services, Director, Stock Acquisition, Form 4, Beneficial Ownership, Restricted Stock, Stock Options, CBFV
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