Sharp Bruce A. 4
Research Summary
AI-generated summary
CB Financial Services (CBFV) SVP Bruce Sharp Receives Stock Award
What Happened
- Bruce A. Sharp, Senior EVP & Chief Commercial Loan Officer of CB Financial Services (CBFV), received an award of 1,525 shares of restricted stock on 2026-02-16 (reported as an acquisition, code A). The award was reported at $0.00 per share (typical for restricted stock grants).
- On 2026-02-17 he surrendered 204 shares (code F) at $36.83 per share to satisfy tax withholding obligations, totaling $7,513. This disposal was solely to pay taxes on the grant, not an open-market sale.
Key Details
- Transaction dates and prices: 2026-02-16 — award of 1,525 shares at $0.00; 2026-02-17 — 204 shares withheld at $36.83 for $7,513.
- Shares owned after transaction: not specified in the provided filing.
- Footnotes: the filing’s footnotes indicate these are restricted stock awards subject to vesting (generally 20% per year across listed commencement dates); additional footnotes describe vesting schedules for other grants/options.
- Filing timeliness: report filed 2026-02-18 for transactions on 2026-02-16 and 2026-02-17 — appears timely (not marked late).
Context
- The award is restricted stock (not an open-market purchase) and vests over time per the filing’s vesting footnotes, so most of the 1,525 shares may not be immediately tradable. The 204-share disposition was a routine tax-withholding transaction, common when executives receive equity awards. Codes: A = award/grant; F = payment of exercise price or tax liability (here, tax withholding).