Kassab Leanne D 4
4 · CNB FINANCIAL CORP/PA · Filed Feb 3, 2026
Research Summary
AI-generated summary of this filing
CNB Financial (CCNE) SEVP Leanne Kassab Receives Restricted Stock Award
What Happened
- Leanne D. Kassab, Senior EVP & Chief Experience Officer of CNB Financial Corp. (CCNE), received a restricted stock award of 3,610 shares on 2026-01-30 (Form 4 code A) at an implicit grant price/value of $27.70 per share, totaling $99,997. At the same time, 774 shares were surrendered to the issuer to satisfy tax-withholding obligations (code F) at $27.70 per share, valued at $21,440.
- This was an equity award (not an open-market purchase), so it reflects compensation rather than a direct buy/sell signal to investors.
Key Details
- Transaction date: 2026-01-30. Filing date: 2026-02-03 (filed within required two business days).
- Award: 3,610 shares @ $27.70 = $99,997 (code A). Tax withholding: 774 shares @ $27.70 = $21,440 (code F).
- Shares owned after the transaction: not specified in the provided summary (the filing notes beneficial ownership was adjusted per latest 401(k) statement; see footnote F4).
- Relevant footnotes: F2 notes the 774 shares were surrendered to satisfy tax withholding related to the Restricted Stock Award. F1, F3 and F4 provide background on dividend reinvestment, prior depositary share purchases, and updates to beneficial ownership reporting.
- Transaction type notes: A = award/grant; F = shares surrendered for tax withholding.
Context
- Restricted stock awards are compensation; surrendering shares to cover taxes is common and does not necessarily indicate a view on the company’s stock price. This was not an open-market purchase or a sale by the insider.
- The grant’s gross value is roughly $100k; the net new shares to the insider after withholding would be the award minus the withheld 774 shares.
Insider Transaction Report
Form 4
Kassab Leanne D
SEVP/Chief Experience Officer
Transactions
- Award
Common Stock
[F1]2026-01-30$27.70/sh+3,610$99,997→ 21,641 total - Tax Payment
Common Stock
[F2]2026-01-30$27.70/sh−774$21,440→ 20,867 total
Holdings
- 1,000
Depositary Shares
[F3] - 728(indirect: By Spouse)
Common Stock
- 8,745.319(indirect: By 401(k))
Common Stock
[F4]
Footnotes (4)
- [F1]Accumulated shares through the Dividend Reinvestment Plan in 2025
- [F2]Reflects shares of common stock surrendered to the Issuer to satisfy tax withholding obligations in connection with the Restricted Stock Award.
- [F3]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, no par value per share. Depositary Shares were purchased in an underwritten public offering.
- [F4]The amount of securities beneficially owned have been adjusted to reflect the latest 401K plan statement.
Signature
/s/ Jessica A. Zupich, Attorney-in-Fact|2026-02-02