Burchianti Ralph 4
Research Summary
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CB Financial (CBFV) SEVP Ralph Burchianti Receives 750-Share Award
What Happened
- Ralph Burchianti, Senior EVP & Chief Credit Officer and director of CB Financial Services, was granted 750 shares of restricted common stock on February 16, 2026. The shares were reported as acquired at $0.00 (no cash paid).
Key Details
- Transaction type: Award / Grant (Form 4 code A).
- Transaction date: 2026-02-16; Form filed 2026-02-18 (timely file within Form 4 rules).
- Price: $0.00 per share; total reported cash paid = $0.
- Shares owned after the transaction: not specified in the filing.
- Relevant footnotes from the filing: some restricted shares vest 20% per year beginning Feb 16, 2026 (F4); another tranche vests 100% on Feb 16, 2027 (F5). The filing also notes an investment-club holding in which Mr. Burchianti has a 16.6% interest and disclaims beneficial ownership of 1,834 shares (F9).
Context
- This was an equity award of restricted stock, not an open-market purchase or sale. Restricted awards typically vest over time according to the schedule above and do not indicate an immediate market transaction. As a grant, it increases potential future ownership subject to vesting conditions rather than representing an immediate cash investment.