GEORGE JENNIFER L 4
Research Summary
AI-generated summary
CB Financial (CBFV) SEVP Jennifer L. George Receives Award; 345 Withheld
What Happened
- Jennifer L. George, Senior EVP and COO of CB Financial Services, was granted 1,325 shares of restricted stock (acquired at $0.00) on 2026-02-16 per the Form 4 filing.
- On 2026-02-17, 345 shares were surrendered/disposed at $36.83 each to satisfy tax withholding obligations, a reported value of $12,706 (transaction code F). This was a withholding to cover taxes, not an open-market sale.
Key Details
- Transaction dates/prices: 2026-02-16 — Award of 1,325 shares @ $0.00; 2026-02-17 — 345 shares withheld @ $36.83 (total $12,706).
- Shares owned after transaction: Not specified in the provided filing data.
- Footnotes: Filing indicates these are restricted stock subject to vesting (footnotes show 20% per year vesting schedules, including a schedule commencing Feb 16, 2026).
- Filing timeliness: Form filed Feb 18, 2026 for transactions on Feb 16–17; appears to be timely (filed within the typical 2-business-day Form 4 window).
Context
- Code A = award/grant of restricted stock; Code F = shares surrendered to cover tax liability (common practice). The withheld shares are not an open-market sale and therefore are not a straightforward bearish signal. Restricted stock awards are typically for compensation/retention and vest over time per the noted schedule.