PONTZER DEBORAH DICK 4
Research Summary
AI-generated summary
CNB Financial (CCNE) Director Deborah Pontzer Receives 1,805-Share Award
What Happened
Deborah Dick Pontzer, a director of CNB Financial Corp. (CCNE), was granted 1,805 shares (reported as an award/acquisition, code A) on January 30, 2026 at $27.70 per share, a total reported value of $49,999. This award is reported as phantom stock (deferred/phantom shares), not an immediate open-market purchase of common shares.
Key Details
- Transaction date and price: 2026-01-30 at $27.70 per share.
- Shares granted: 1,805; total value reported: $49,999.
- Transaction type: Award/Grant (SEC code A).
- Footnotes:
- F1: Accumulated shares through dividend reinvestment in 2025.
- F2: Each phantom share is the economic equivalent of one common share and becomes payable upon termination of service.
- F3: n/a
- Shares owned after the transaction: not specified in the information provided.
- Filing: Form 4 filed 2026-02-03 for a 2026-01-30 transaction — filed within the standard two-business-day window (timely).
Context
Phantom stock is a form of deferred compensation that mirrors the economic value of common shares but typically does not confer voting rights or immediate tradability; payout usually occurs on a future event (here, upon termination of service). This award is a compensation/retention-style grant rather than an open-market buy (which investors often view as a more direct bullish signal). The filing is factual and timely; it does not by itself indicate the director’s near-term trading intentions.