Koptchak Heather J. 4
4 · CNB FINANCIAL CORP/PA · Filed Feb 23, 2026
Research Summary
AI-generated summary of this filing
CNB Financial SVP Heather Koptchak Receives 445-Share Award
What Happened Heather J. Koptchak, Senior Vice President and Chief of Employee Resources at CNB Financial Corp (CCNE), received an award of 445 shares on February 23, 2026. The shares were issued at an issuance/book value of $27.70 per share, totaling $12,327. This transaction is recorded as an award/acquisition (code A), not an open‑market purchase or sale.
Key Details
- Transaction date and price: 2026-02-23; 445 shares @ $27.70 each.
- Total value of award: $12,327 (based on reported price).
- Shares owned after transaction: Not specified in the Form 4 provided.
- Footnote: Shares were issued under the CNB Financial Corporation 2019 Stock Incentive Plan via conversion of performance units into common shares based on the issuer’s performance over a three‑year performance period.
- Filing timeliness: Reported on 2026-02-23 (same date as the transaction), indicating a timely filing.
Context This was an issuance of shares tied to previously granted performance units — a compensation/award event reflecting vesting/conversion rather than an active cash purchase or sale. Such awards are common executive compensation mechanisms and do not by themselves indicate insider buying or selling sentiment.
Insider Transaction Report
- Award
Common Stock
[F1]2026-02-23$27.70/sh+445$12,327→ 6,756.54 total
- 2,359.703(indirect: By 401(k))
Common Stock
- 53.44(indirect: By Spouse)
Common Stock
Footnotes (1)
- [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.