Fox Mark E. 4
Research Summary
AI-generated summary
CB Financial (CBFV) Chairman Mark E. Fox Receives 750-Share Award
What Happened Mark E. Fox, Chairman of the Board of CB Financial Services, Inc. (CBFV), was granted 750 shares on February 16, 2026. The shares were reported as an award/acquisition (code A) at $0.00 per share (total reported value $0), indicating a grant of restricted stock rather than a market purchase.
Key Details
- Transaction date: 2026-02-16; Form 4 filed: 2026-02-18 (timely filing, within the two-business-day window).
- Transaction type/code: Award/Grant (A); price reported: $0.00; total reported value: $0.
- Shares received: 750 restricted shares.
- Shares owned after transaction: Not specified in the provided filing summary.
- Footnotes: Filing includes multiple restricted-stock vesting schedules. Notably:
- F4: 20% vesting per year commencing Feb 16, 2026.
- F5: 100% vesting on Feb 16, 2027. (Other footnotes F1–F3 reference prior-year 20% per year vesting schedules beginning in 2023–2025.)
- No 10b5-1 plan, tax-withholding, or sale-on-exercise details were reported for this grant in the provided data.
Context This was a company grant of restricted stock to the chairman, not an open-market purchase or sale by the insider. Restricted-stock awards typically vest over time and may be forfeited if conditions aren’t met, so they do not represent an immediate cash investment or sale by the insider. Grants are common forms of executive compensation and do not by themselves indicate the insider’s intent to buy or sell shares on the open market.