Montgomery John Haines 4
Research Summary
AI-generated summary
CB Financial (CBFV) CEO John Haines Receives 3,975-Share Award
What Happened
- John Haines, President, CEO and Director of CB Financial Services, was granted 3,975 shares (reported as an award/acquisition) on February 16, 2026. The shares were issued at $0.00 per share (i.e., a restricted stock award rather than an open-market purchase).
Key Details
- Transaction date: 2026-02-16; reported on Form 4 filed 2026-02-18 (appears timely).
- Shares granted: 3,975; acquisition price: $0.00 (restricted stock award).
- Shares owned after transaction: not specified in the filing.
- Vesting: these shares are restricted and vest at 20% per year commencing February 16, 2026 (footnote F4).
- Other footnotes in the filing note additional restricted-stock and option grants that vest 20% per year with commencement dates in 2023–2027 and options vesting schedules in 2023–2025 (F1–F8); this transaction itself is the restricted-stock award.
- Transaction code: A (award/grant).
Context
- This was a grant of restricted stock (compensation), not a market purchase or sale; such awards are common for executive compensation and are subject to multi-year vesting. The filing does not state a cash value or indicate immediate sale of shares.