Dixon Gregory M 4
4 · CNB FINANCIAL CORP/PA · Filed Feb 23, 2026
Research Summary
AI-generated summary of this filing
CNB Financial (CCNE) EVP Gregory M. Dixon Receives 1,113-Share Award
What Happened
- Gregory M. Dixon, EVP and Chief Credit Officer of CNB Financial Corporation (CCNE), was issued 1,113 shares on 2026-02-23. The shares were reported at $27.70 each, for a total value of $30,830. The transaction type is an award/acquisition (code A), not an open-market purchase.
Key Details
- Transaction date and price: 2026-02-23 at $27.70 per share.
- Shares issued: 1,113 shares; total reported value $30,830.
- Nature of award: Shares were issued upon conversion of performance units under the CNB Financial Corporation 2019 Stock Incentive Plan tied to a three-year performance period (see footnote F1).
- Shares owned after transaction: not specified in the filing.
- Timeliness: Filing date matches the transaction date; no late filing indicated.
- Additional footnote (F2) in the filing describes depositary shares representing interests in a series of preferred stock sold in a public offering; this appears unrelated to Dixon’s award.
Context
- This was a grant/conversion of long-term incentive units into common shares based on performance over a multi-year period — different from a market purchase or sale and typically reflects vesting or payout of previously awarded performance units.
- Such awards are compensation-related and do not by themselves indicate buying or selling sentiment by the insider.
Insider Transaction Report
Form 4
Dixon Gregory M
EVP/Chief Credit Officer
Transactions
- Award
Common Stock
[F1]2026-02-23$27.70/sh+1,113$30,830→ 19,873.438 total
Holdings
- 7,767.989(indirect: By 401(k))
Common Stock
- 1,000
Depositary Shares
[F2]
Footnotes (2)
- [F1]These securities were issued to the reporting person pursuant to the CNB Financial Corporation 2019 Stock Incentive Plan, which provided for the conversion of performance units into a number of shares of common stock based on the Issuer's performance over a three year designated performance period.
- [F2]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|2026-02-23