Form 4: CNB Financial Corp SEVP/CFO Tito L Lima Reports Acquisition of Shares Through Dividend Reinvestment and 401K Plan

Tito L Lima, SEVP/CFO of CNB Financial Corp, reports acquiring 2,470 shares of common stock through a dividend reinvestment plan and adjustments to reflect the latest 401K plan statement.

Summary

• On May 14, 2025, Tito L Lima, the SEVP/CFO of CNB Financial Corp, acquired 2,470 shares of common stock at a price of $22.83 per share.
• This acquisition was made through a dividend reinvestment plan.
• Following the transaction, Lima directly owns 22,730.75 shares of CNB Financial Corp.
• Lima also indirectly owns 873.91 shares through a spouse and 3,492.764 shares through a 401K plan.
• The amount of securities beneficially owned have been adjusted to reflect the latest 401K plan statement.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive. The filing reflects routine transactions (dividend reinvestment and 401k adjustments) and indicates continued investment by a key executive, which is generally viewed favorably.

Positives

• The acquisition of shares through the dividend reinvestment plan indicates Lima's continued investment in CNB Financial Corp.
• The adjustment of shares to reflect the latest 401K plan statement suggests accurate and up-to-date reporting of beneficial ownership.

Industry Context

Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives and directors. This filing indicates changes in the beneficial ownership of CNB Financial Corp's stock by its SEVP/CFO.

Stakeholder Impact

• The filing provides transparency to shareholders regarding the ownership stake of a key executive.
• The transactions themselves are unlikely to have a significant impact on other stakeholders.

Key Dates

Keywords

CNB Financial Corp, Tito L Lima, SEVP/CFO, Form 4, Beneficial Ownership, Dividend Reinvestment Plan, 401K Plan, CCNE