Cobain Stephen 4

What Happened

• Stephen Cobain, Chief Credit Officer of CB Financial Services, sold a total of 140 shares on February 23, 2026 in three transactions (111 @ $33.77, 15 @ $33.80, 14 @ $33.92), totaling roughly $4,730. These were reported as open‑market or private sales (code S). This is a sale (liquidity/event), not a purchase.

Key Details

• Transaction date: 2026-02-23 (all three trades)
• Prices and amounts: 111 shares @ $33.77 ($3,748); 15 shares @ $33.80 ($507); 14 shares @ $33.92 ($475). Total proceeds ≈ $4,730.
• Shares owned after transaction: not specified in the posted filing (filing did not disclose post‑transaction holdings).
• Footnotes in the filing note restricted stock and option vesting schedules (F1–F4: restricted stock vesting 20%/yr beginning on various dates; F5–F6: options vesting 20%/yr beginning on listed dates). These describe how some of Cobain’s holdings vest over time.
• Filing timeliness: Report filed the same day (2026-02-23) — appears timely.

Context

• Sales are often routine (for liquidity or tax reasons) and do not necessarily signal management sentiment about the company. This report shows straightforward share disposals; no option exercises, grants, or 10b5‑1 plan or gift codes were indicated.