Scott Nicholas N. Jr. 4

What Happened

• Scott Nicholas N. Jr., a director of CNB Financial Corp. (CCNE), acquired 375 shares on 2026-03-13 at $27.05 per share in a purchase transaction (code P), for a total cost of $10,144. This was a purchase (buying stock), which is often viewed as a more informative signal than routine selling.

Key Details

• Transaction date: 2026-03-13; Filing date (Form 4): 2026-03-16 (appears timely under Form 4 rules).
• Transaction type and code: Open market or private purchase (P).
• Price and amount: 375 shares at $27.05 per share; total value $10,144.
• Shares owned after transaction: Not reported in the provided filing details.
• Footnotes:
  • F1: Indicates these shares were accumulated through the company’s Dividend Reinvestment Plan (DRIP) in Q1 2026.
  • F2: Explains that each Depositary Share represents a 1/40th interest in a share of the issuer’s 7.125% Series A preferred stock and that depositary shares were purchased in an underwritten offering (context for depositary-share instruments referenced in the filing).

Context

• This was a straightforward purchase of shares (not an option exercise, gift, or award). Purchases by directors can signal confidence but are not proof of future performance; they should be considered alongside other factors. The filing appears timely based on the reported dates.