Engles Amanda L 4
Research Summary
AI-generated summary
CB Financial (CBFV) EVP/CFO Amanda Engles Sells Shares
What Happened Amanda L. Engles, EVP and Chief Financial Officer of CB Financial Services, Inc. (CBFV), sold a total of 54 shares in open-market transactions on February 23, 2026. The sales were executed in three trades: 43 shares at $33.77 (reported $1,452), 5 shares at $33.80 (reported $169), and 6 shares at $33.92 (reported $204), for aggregate proceeds of roughly $1,825. This was a sale (code S) rather than a purchase or option exercise.
Key Details
- Transaction date: February 23, 2026 (open-market sales; transaction code S).
- Trade breakdown: 43 shares @ $33.77 = $1,452; 5 shares @ $33.80 = $169; 6 shares @ $33.92 = $204; total ≈ $1,825.
- Filing date / timeliness: Form 4 filed February 23, 2026 — same day as the reported transactions (no late filing indicated).
- Shares owned after transaction: Not disclosed in the provided filing.
- Notable footnotes from the filing:
- F1: Restricted stock that vests 20% per year starting Feb 16, 2025.
- F2: Restricted stock that vests 20% per year starting Feb 16, 2026.
- F3: Restricted stock that vests 20% per year starting Feb 16, 2027.
- F4: Stock options vest at 20% per year starting Feb 16, 2025.
- Transaction type/context: Open-market sale; not an option exercise, award grant, or gift.
Context This filing reports a sale by an executive, which is commonly a routine liquidity event and not, by itself, a definitive signal about management’s view of the company. The footnotes show portions of the insider’s holdings are restricted stock and options with multi-year vesting schedules; these vesting provisions can affect the insider’s future selling patterns. No indication in the filing that this insider is a 10% owner or that the trades were part of a 10b5-1 plan.