Peduzzi Michael D 4
4 · CNB FINANCIAL CORP/PA · Filed Feb 3, 2026
Research Summary
AI-generated summary of this filing
CNB Financial CEO Michael Peduzzi Receives 6,317-Share Award
What Happened
Michael D. Peduzzi, President & CEO and a director of CNB Financial Corp. (CCNE), was granted 6,317 shares on 2026-02-03 at an effective price of $27.70 per share, a total value of approximately $174,981. This was an award/grant (Code A) — an acquisition via company compensation rather than an open-market purchase or sale.
Key Details
- Transaction date reported: 2026-02-03 (Form filed 2026-02-03).
- Transaction type/code: Award/Grant (A).
- Shares acquired: 6,317 at $27.70 each; total value ≈ $174,981.
- Shares owned after transaction: Not specified in the transaction lines; filing includes a footnote adjusting beneficial ownership per the latest 401(k) statement.
- Footnote: F1 — "The amount of securities beneficially owned have been adjusted to reflect the latest 401K plan statement."
- No indication in the filing of a 10b5-1 plan, tax withholding sale, or immediate sale of these shares.
Context
Stock awards are typically part of executive compensation (e.g., restricted stock or similar) and do not necessarily indicate a market buy or sell decision. Vesting schedules or restrictions, if any, are not detailed in this Form 4; those terms affect when shares become freely tradable. Retail investors should treat this as a compensation-related issuance and watch subsequent filings for any sales, vesting disclosures, or changes in reported ownership.
Insider Transaction Report
- Award
Common Stock
2026-02-03$27.70/sh+6,317$174,981→ 50,303 total
- 2,975.66(indirect: By 401(k))
Common Stock
[F1]
Footnotes (1)
- [F1]The amount of securities beneficially owned have been adjusted to reflect the latest 401K plan statement.