Cobain Stephen 4
Research Summary
AI-generated summary
CB Financial (CBFV) Chief Credit Officer Stephen Cobain Receives 1,375-Share Award
What Happened
- Stephen Cobain, Chief Credit Officer of CB Financial Services, was granted 1,375 shares of restricted stock on February 16, 2026. The reported acquisition price is $0.00, so the award required no cash outlay and has a total reported value of $0 for filing purposes. This is a compensation grant (award), not an open-market purchase or sale.
Key Details
- Transaction date and type: 2026-02-16 — Award/Grant of 1,375 shares (transaction code A).
- Price: $0.00 per share (award); reported total value $0 on the Form 4.
- Shares owned after transaction: Not specified in the provided filing.
- Vesting: Footnote F3 applies — these restricted shares vest at 20% per year commencing on February 16, 2026.
- Filing timeliness: Form filed 2026-02-18 for a 2026-02-16 transaction (filed within the typical two-business-day Form 4 window).
Context
- Restricted stock grants are compensation and typically vest over time (here, 20% per year), so these shares are not immediately freely tradable. Awards signal routine executive compensation rather than direct buying or selling of stock; they do not alone indicate the insider’s view of near-term company prospects.