Olejasz Roberta Robinson 4
Research Summary
AI-generated summary
CB Financial (CBFV) Director Roberta Olejasz Receives 750-Share Award
What Happened
- Roberta Olejasz (listed in the filing as Olejasz Roberta Robinson), a director of CB Financial Services, Inc. (CBFV), received a grant of 750 restricted shares on February 16, 2026. The filing reports the acquisition price as $0 (transaction code A = Award/Grant), so the reported cash cost in the Form 4 is $0. This is an equity award rather than an open-market purchase or sale.
Key Details
- Transaction date and type: 2026-02-16 — Award/Grant (A) of 750 shares at $0.00.
- Shares owned after transaction: not specified in the Form 4 excerpt provided.
- Vesting and footnotes: filing includes multiple footnotes indicating restricted-stock vesting schedules — several tranches vest at 20% per year with commencement dates of Feb 16 of 2023, 2024, 2025 and 2026 (F1–F4); one tranche vests 100% on Feb 16, 2027 (F5).
- Filing timeliness: Form 4 was filed on Feb 18, 2026, two days after the reported transaction date; that appears to be a timely filing.
Context
- This transaction is a restricted stock grant, a common form of director compensation or retention incentive. Restricted shares typically cannot be sold until they vest; the filing’s footnotes describe multi-year vesting schedules for different tranches. Awards do not inherently signal a buy or sell decision by the insider in the same way an open-market purchase might.