CNB FINANCIAL CORP/PA·4

Feb 3, 11:06 AM ET

Varischetti Peter C 4

4 · CNB FINANCIAL CORP/PA · Filed Feb 3, 2026

Research Summary

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CNB Financial (CCNE) Director Peter Varischetti Receives 1,805-Share Award

What Happened Peter C. Varischetti, a director of CNB Financial Corp./PA (ticker: CCNE), was reported to have acquired 1,805 shares on January 30, 2026 at $27.70 per share, a transaction valued at $49,999. The Form 4 classifies the transaction as an award/grant or other acquisition (code "A") rather than a sale.

Key Details

  • Transaction date: 2026-01-30; reported price: $27.70; total value: $49,999.
  • Filing date (Form 4): 2026-02-03 (timely — filed within required reporting window).
  • Transaction code: A (award/grant or other acquisition).
  • Shares owned after the transaction: Not specified in the provided excerpt.
  • Footnotes in the filing: F1 notes depositary shares represent a 1/40th interest in the issuer’s 7.125% Series A preferred stock (purchased in an underwritten offering). F2 explains phantom stock referenced in the filing is the economic equivalent of common shares and becomes payable upon termination. F3: n/a.
  • Accession No.: 0001647217-26-000002; Period of report: 2026-01-30.

Context This filing reports an acquisition/award rather than a sale. Footnote F1 indicates some instruments described in the filing may be depositary shares (each 1/40th of a preferred share), which have different economics than common stock; F2 refers to phantom stock that pays out on termination. The filing excerpt does not show the insider’s total beneficial ownership after this transaction, so total post-transaction exposure is not available here.

Insider Transaction Report

Form 4
Period: 2026-01-30
Transactions
  • Award

    Common Stock

    2026-01-30$27.70/sh+1,805$49,9993,188 total
Holdings
  • Common Stock

    (indirect: By Trust)
    18,849
  • Depositary Shares

    [F1]
    (indirect: By Trust)
    3,000
  • Depositary Shares

    [F1]
    (indirect: By Trust)
    3,000
  • Phantom Stock

    [F2][F3]
    Common Stock (5,574.82 underlying)
    5,574.82
Footnotes (3)
  • [F1]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.
  • [F2]Each share of phantom stock is the economic equivalent of one share of common stock. The phantom shares become payable upon termination of service.
  • [F3]n/a
Signature
/s/ Jessica A. Zupich, Attorney-in-Fact|2026-02-03

Documents

1 file
  • 4
    wk-form4_1770134816.xmlPrimary

    FORM 4