Form 4: CB Financial Services Director Acquires 1,000 Shares of Common Stock
SEC Form 4 Filing
Mark E. Fox, Chairman of the Board at CB Financial Services, acquired 1,000 shares of common stock on February 16, 2025.
Summary
- On February 16, 2025, Mark E. Fox, Chairman of the Board at CB Financial Services, acquired 1,000 shares of common stock.
- The shares were acquired at a price of $0.
- Following the transaction, Mr. Fox directly owns 12,414 shares of common stock.
- Mr. Fox also indirectly owns 168 shares through a Living Trust, 725 shares through a Corporation, 6,987 shares through a 401(k), and 783 shares through an IRA.
- Mr. Fox also holds stock options for 1,115 shares at an exercise price of $30.75 and 1,400 shares at an exercise price of $26.45.
Sentiment
Score: 6
Explanation: The sentiment is neutral to slightly positive. The acquisition of shares by a director is generally viewed as a positive sign, but the lack of specific details about the reasons for the purchase makes it difficult to assess the overall impact.
Positives
- The acquisition of shares by a director could be seen as a positive signal, indicating confidence in the company's future prospects.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's value and future prospects.
Stakeholder Impact
- The acquisition of shares by a director may increase investor confidence in the company.
Key Dates
| Date | Description |
|---|---|
| 12/16/2017 | Date of stock options exercisable for 1,400 shares at $26.45. |
| 12/15/2018 | Date of stock options exercisable for 1,115 shares at $30.75. |
| 12/14/2021 | Commencement date for vesting of restricted stock at 20% per year. |
| 02/16/2023 | Commencement date for vesting of restricted stock at 20% per year. |
| 02/16/2024 | Commencement date for vesting of restricted stock at 20% per year. |
| 02/16/2025 | Date of transaction: Acquisition of 1,000 shares of common stock; Commencement date for vesting of restricted stock at 20% per year. |
| 02/16/2025 | Date of report. |
| 02/19/2025 | Date of signature. |
| 02/16/2026 | Commencement date for vesting of restricted stock at 20% per year. |
| 12/16/2026 | Expiration date for stock options exercisable for 1,400 shares at $26.45. |
| 12/15/2027 | Expiration date for stock options exercisable for 1,115 shares at $30.75. |
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