Form 4: CNB Financial Corp Executive Acquires Shares Through Dividend Reinvestment and 401k Plan

Darryl P. Koch, EVP & CITSO of CNB Financial Corp, reports acquisition of common stock through dividend reinvestment and adjustments to 401k holdings.

Summary

• Darryl P. Koch, an executive at CNB Financial Corp (CCNE), filed a Form 4 detailing changes in beneficial ownership.
• On May 14, 2025, Koch acquired 1,976 shares of common stock at a price of $22.83 per share through dividend reinvestment.
• Koch's holdings also reflect an adjustment to the latest 401K plan statement, showing 2,025.881 shares held indirectly.
• Following these transactions, Koch directly owns 3,575.07 shares and indirectly owns 2,025.881 shares through the 401K plan.

Sentiment

Score: 6

Explanation: The sentiment is neutral as the filing reflects routine transactions (dividend reinvestment and 401k adjustments) and doesn't indicate any significant strategic changes or concerns.

Positives

• The acquisition of shares through the dividend reinvestment plan demonstrates the executive's continued investment in the company.
• The adjustment to the 401K plan reflects ongoing participation in the company's retirement benefits.

Industry Context

Form 4 filings are a routine part of regulatory compliance for corporate insiders, providing transparency into their trading activities and ownership positions. This filing indicates routine transactions related to dividend reinvestment and 401k adjustments, which are common practices.

Stakeholder Impact

• The filing provides transparency to shareholders regarding the executive's investment in the company.
• The transactions have a minimal direct impact on other stakeholders.

Key Dates

Keywords

Form 4, Beneficial Ownership, CNB Financial Corp, CCNE, Dividend Reinvestment, 401K, Executive, Shares