CNB FINANCIAL CORP/PA 8-K

What Happened

• CNB Financial Corporation (NASDAQ: CCNE) announced on July 14, 2026 that holders of record as of August 15, 2026 of its depositary shares (NASDAQ: CCNEP) will receive a quarterly distribution of $0.4453125 per depositary share. The payment on the underlying 7.125% Series A Fixed-Rate Non-Cumulative Perpetual Preferred Stock (each share underlying 40 depositary shares) will be paid to the depositary on September 1, 2026, and the depositary will distribute to depositary shareholders. The announcement was filed in an 8-K with an attached press release (Exhibit 99.1).

Key Details

• Distribution per depositary share: $0.4453125.
• Underlying dividend per Series A Preferred share: $17.8125 (7.125% fixed-rate, non-cumulative, perpetual).
• Record date for depositary shares: August 15, 2026.
• Payment date to depositary (and distribution to holders): September 1, 2026.

Why It Matters

• Income investors holding CCNEP depositary shares will receive the scheduled quarterly cash distribution on Sept 1 if they are holders of record on Aug 15.
• The underlying security is non-cumulative preferred stock, so missed dividends would not accrue; this is a recurring fixed-rate preferred payment rather than a change to common-stock dividends or company earnings.
• The filing is an informational 8-K (Other Events) confirming the dividend declaration and payment logistics; investors tracking yield or cash flow from CNB preferred/depositary shares should note the dates and amounts.