Form 4: CNB Financial Corp Director Jeffrey S. Powell Reports Acquisition of Common Stock

Director Jeffrey S. Powell reports acquisition of 1,383 shares of CNB Financial Corp common stock at $22.83 per share and indirect ownership of 4,000 shares.

Summary

• On May 14, 2025, Jeffrey S. Powell, a director of CNB Financial Corp, acquired 1,383 shares of common stock at a price of $22.83 per share.
• Following this transaction, Powell directly owns 134,379 shares of common stock.
• Powell also indirectly owns 4,000 shares through JJ Powell.
• Powell also holds phantom stock equivalent to 42,167.11 shares of common stock, payable upon termination of service.

Sentiment

Score: 5

Explanation: Neutral sentiment as it's a standard disclosure of stock transactions by a company insider.

Positives

• The acquisition of shares by a director may be viewed positively by investors.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.

Stakeholder Impact

• The transaction could have a minor positive impact on shareholder confidence.

Key Dates

Keywords

CNB Financial Corp, CCNE, Form 4, Beneficial Ownership, Director, Jeffrey S. Powell, Common Stock, Acquisition, Phantom Stock