Dixon Gregory M 4

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.