Griffith Martin T. 4
4 · CNB FINANCIAL CORP/PA · Filed Feb 3, 2026
Research Summary
AI-generated summary of this filing
CNB Financial (CCNE) SEVP Martin T. Griffith Receives Restricted Stock Award
What Happened
- Martin T. Griffith, Senior Executive Vice President & Chief Revenue Officer of CNB Financial Corp. (CCNE), received a restricted stock award of 3,610 shares on 2026-01-30. The award was reported at $27.70 per share for a total value of $99,997 (transaction code A).
- To cover tax withholding on the award, 958 shares were surrendered back to the issuer (transaction code F) at the same price, equal to $26,537.
Key Details
- Transaction date(s): 2026-01-30.
- Prices: $27.70 per share for both the award (acquisition) and the shares surrendered for withholding.
- Share counts/values: 3,610 shares awarded ($99,997); 958 shares surrendered for taxes ($26,537).
- Shares owned after transaction: the filing does not disclose a total beneficial ownership figure; footnote F2 states beneficial ownership was adjusted per the latest 401(k) statement.
- Footnotes: F1 = shares surrendered to satisfy tax withholding; F2 = ownership adjusted based on 401(k) statement; F3 = describes depositary preferred shares purchased in a public offering (not directly related to this award).
- Timeliness: Filing dated 2026-02-03 for a 2026-01-30 transaction—filed within the typical two-business-day Form 4 window.
Context
- This was a Restricted Stock Award (acquisition) rather than an open-market purchase. The partial surrender of shares was a routine cashless-withholding to cover tax liabilities and should not be read as a separate sell decision. Awards like this are common as part of compensation packages and do not by themselves indicate executive trading intent.
Insider Transaction Report
Form 4
Griffith Martin T.
SEVP/Chief Revenue Officer
Transactions
- Award
Common Stock
2026-01-30$27.70/sh+3,610$99,997→ 16,905 total - Tax Payment
Common Stock
[F1]2026-01-30$27.70/sh−958$26,537→ 15,947 total
Holdings
- 4,928.544(indirect: By 401(k))
Common Stock
[F2] - 3,637
Depositary Shares
[F3]
Footnotes (3)
- [F1]Reflects shares of common stock surrendered to the Issuer to satisfy tax withholding obligations in connection with the Restricted Stock Award.
- [F2]The amount of securities beneficially owned have been adjusted to reflect the latest 401K plan statement.
- [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.
Signature
/s/ Jessica A. Zupich, Attorney-in-Fact|2026-02-02