Form 4: CNB Financial Corp Director Richard B. Seager Acquires Shares and Disposes of Depositary Shares
SEC Form 4 Filing
Director Richard B. Seager reports acquisition of common stock and disposition of depositary shares in CNB Financial Corp.
Summary
- On May 14, 2025, Richard B. Seager, a director of CNB Financial Corp, acquired 1,383 shares of common stock at a price of $22.83 per share.
- Seager also disposed of 3,000 depositary shares.
- Following these transactions, Seager directly owns 21,611 shares of common stock.
- Seager also holds 9,618.07 shares of phantom stock, which become payable upon termination of service.
Sentiment
Score: 5
Explanation: Neutral sentiment as it's a standard disclosure of insider trading activity.
Industry Context
Form 4 filings are standard disclosures required by the SEC for corporate insiders, providing transparency into their trading activities and potential alignment with company performance.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding the director's investment activities.
Key Dates
| Date | Description |
|---|---|
| 05/14/2025 | Date of transaction: Acquisition of common stock and disposition of depositary shares. |
| 05/15/2025 | Date of signature for the report. |
Keywords
Form 4, Beneficial Ownership, CNB Financial Corp, CCNE, Richard B. Seager, Director, Common Stock, Depositary Shares, Phantom Stock, Acquisition, Disposition
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