|4Feb 18, 5:13 PM ET

Cobain Stephen 4

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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.