Seager Richard B. 4

What Happened

• Richard B. Seager, a director of CNB Financial Corp. (CCNE), recorded an acquisition (code A: grant/award/other acquisition) of 1,805 depositary shares on January 30, 2026. The reported price was $27.70 per depositary share, for a total value of $49,999. This was an acquisition (purchase) rather than a sale.

Key Details

• Transaction date and price: 2026-01-30, 1,805 depositary shares @ $27.70 each (total $49,999).
• Filing date: Form 4 filed 2026-02-03 (appears within the SEC’s 2-business-day reporting window for a Jan 30 trade).
• Shares owned after transaction: Not disclosed in the filing.
• Transaction code: A (grant, award or other acquisition).
• Footnote: Each depositary share represents a 1/40th interest in a share of the issuer’s 7.125% Series A Fixed-Rate Non-Cumulative Perpetual Preferred Stock. The depositary shares were purchased in an underwritten public offering.

Context

• Depositary shares are fractional interests in a preferred share; 1,805 depositary shares equal about 45.125 preferred shares (1,805 ÷ 40). This transaction is a straight acquisition of depositary shares (not an option exercise, gift, or withholding event), which many investors view as more informative than routine sales.