Form 4: CNB Financial Corp Executive Steven Shilling Reports Acquisition and Disposal of Securities

EVP/Chief Wealth Management Officer Steven Shilling reports acquisition of common stock and disposal of depositary shares, along with adjustments to holdings in the 401K plan.

Summary

• Steven Shilling, EVP/Chief Wealth Management Officer of CNB Financial Corp, filed a Form 4 detailing changes in beneficial ownership.
• On May 14, 2025, Shilling acquired 1,976 shares of common stock at a price of $22.83 per share.
• On the same day, Shilling disposed of 400 depositary shares.
• Shilling's holdings in the 401K plan were adjusted to reflect 3,987.308 shares of common stock.
• Following these transactions, Shilling directly owns 10,701 shares of common stock.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting transactions by a company insider. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.

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 for signals about management's view of the company's prospects.

Stakeholder Impact

• Shareholders may be interested in the transactions of company insiders as an indicator of management's confidence in the company.

Key Dates

Keywords

Form 4, Beneficial Ownership, Securities, CNB Financial Corp, CCNE, Steven Shilling, Depositary Shares, Common Stock, 401K Plan