CNB FINANCIAL CORP/PA·4

Feb 3, 11:07 AM ET

Young Julie M. 4

Research Summary

AI-generated summary

Updated

CNB Financial (CCNE) Director Julie M. Young Receives Award

What Happened
Julie M. Young, a director of CNB Financial Corp/PA (CCNE), received 1,805 shares as a grant/award (transaction code A) on January 30, 2026. The reported acquisition price was $27.70 per share, for a total reported value of $49,999. This transaction is an acquisition/award rather than a sale.

Key Details

  • Transaction date and type: 2026-01-30 — Grant/Award (A).
  • Price and size: 1,805 shares at $27.70 each; total reported value $49,999.
  • Shares owned after transaction: Not specified in the filing.
  • Footnotes from the filing:
    • F1: Some shares were accumulated through the company’s Dividend Reinvestment Plan in 2025.
    • F2: Notes that each Depositary Share represents a 1/40th interest in a share of the issuer’s 7.125% Series A preferred; depositary shares were purchased in an underwritten public offering.
  • Timeliness: Filing posted 2026-02-03 for a 2026-01-30 transaction — marked late in the filing (L).

Context
Awards/grants are common for directors and can reflect routine compensation or plan-based allocations; they are not the same signal as an open-market purchase by the insider. The filing’s footnotes suggest involvement of the Dividend Reinvestment Plan and reference to depositary/preferred-share mechanics; these details may affect the type of security or how the award was funded. The late filing reduces immediacy of the disclosure for time-sensitive trading analysis.