LIMA TITO L 4
Research Summary
AI-generated summary
CNB Financial (CCNE) SEVP/CFO Tito Lima Receives 2,707 Shares
What Happened
- Tito L. Lima, SEVP and CFO of CNB Financial Corp. (CCNE), was reported to have acquired 2,707 shares on January 30, 2026. The transaction is recorded as an award/grant/other acquisition at $27.70 per share, for a total value of about $74,984.
- This was an acquisition (not a sale). The filing’s footnotes indicate the shares were accumulated through the company’s Dividend Reinvestment Plan in 2025 (F1), and beneficial ownership figures were adjusted to reflect the latest 401(k) plan statement (F2).
Key Details
- Transaction date: 2026-01-30; filing date: 2026-02-03 (Form 4 accession 0001275520-26-000002).
- Shares acquired: 2,707 at $27.70 each; total value ≈ $74,984.
- Shares owned after transaction: not specified in the provided filing; the filing notes beneficial ownership was adjusted per the latest 401(k) statement (F2).
- Footnotes: F1 = shares accumulated via Dividend Reinvestment Plan in 2025; F2 = beneficial ownership adjusted to reflect 401(k) plan statement.
- No indication in the provided data that this filing was late.
Context
- This was an award/acquisition (not an open-market purchase or a sale). Acquisitions can reflect compensation, dividend reinvestment, or a buy signal—footnote F1 indicates these shares were accumulated through the DRIP in 2025, so this may be routine company-driven reinvestment rather than an independent open-market purchase.