Peduzzi Michael D 4

What Happened

• Michael D. Peduzzi, President & CEO and a director of CNB Financial Corp. (CCNE), was issued 4,015 shares on 2026-02-23 at an effective price of $27.70 per share, a total value of approximately $111,216. The filing reports an acquisition via an award/grant (transaction code A).

Key Details

• Transaction date and price: 2026-02-23 at $27.70 per share.
• Shares acquired: 4,015; total reported value ≈ $111,216.
• Shares owned after the transaction: not specified in the filing.
• Footnote: Shares were issued pursuant to the CNB Financial Corporation 2019 Stock Incentive Plan, converting performance units into common stock based on the issuer’s performance over a three-year performance period.
• Filing timeliness: Reported on 2026-02-23 (same day as the Period of Report), indicating a timely Form 4.

Context

• This transaction reflects the conversion/issuance of performance units into common shares under the company’s incentive plan (i.e., a performance-based award), not an open-market purchase or sale. The filing does not indicate any immediate sale of the shares or additional restrictions; see the company plan footnote for details on how the award was earned.