Peterson Joel E. 4

What Happened
Joel E. Peterson, a director of CNB Financial Corp. (CCNE), was granted/acquired 1,805 shares on January 30, 2026. The grant is reported at $27.70 per share for a total reported value of $49,999. The Form 4 lists the transaction code "A" (grant/award/other acquisition).

Key Details

• Transaction date: 2026-01-30
• Price recorded: $27.70 per share; total value $49,999
• Shares acquired: 1,805 shares (award/acquisition)
• Shares owned after transaction: Not disclosed in the filing
• Filing date: Form 4 filed 2026-02-03 — appears to be timely (filed within the normal two-business-day window)
• Relevant footnotes in the filing:
  • F1: Prior shares accumulated through the Dividend Reinvestment Plan in 2025.
  • F2: Describes depositary shares tied to a preferred offering (not directly tied to this line item).
  • F3: Explains that phantom shares, if used, are economic equivalents of common shares and payable upon termination.
  • F4: n/a

Context
This was an award/acquisition reported by a board director and likely reflects compensation or a corporate award rather than an open-market purchase. Such grants are common for director pay and do not necessarily signal a personal buy or sell decision. The filing's footnotes indicate prior DRIP activity and that some awards may involve phantom-share arrangements; the form itself records this specific entry as an "A" award.