Noah Michael J 4
4 · CNB FINANCIAL CORP/PA · Filed Feb 23, 2026
Research Summary
AI-generated summary of this filing
CNB Financial (CCNE) COO Noah Michael J Receives Award of 519 Shares
What Happened
- Noah Michael J, Chief Operating Officer of CNB Financial Corporation (CCNE), was issued 519 shares on 2026-02-23. The shares were acquired at a reported price of $27.70 each, a total value of $14,376. This transaction is reported as an award/grant (code A), not an open-market purchase or sale — it reflects compensation tied to prior performance awards.
Key Details
- Transaction date and price: 2026-02-23 at $27.70 per share (total $14,376).
- Transaction type: Award/Grant (A) — conversion/acquisition of shares from performance units.
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Relevant footnote: The shares were issued pursuant to the CNB Financial Corporation 2019 Stock Incentive Plan; performance units converted into shares based on the issuer’s performance over a three‑year designated performance period (Footnote F1).
- Filing timeliness: Reported on 2026-02-23 (same day as the transaction date shown) — appears to be filed timely.
Context
- This was a compensation-related award (conversion of performance units), which is common for executives and does not necessarily indicate a direct buy/sell decision or short-term sentiment. Such awards often reflect multi-year performance goals rather than immediate market views.
Insider Transaction Report
Form 4
Noah Michael J
EVP/Chief Operating Officer
Transactions
- Award
Common Stock
[F1]2026-02-23$27.70/sh+519$14,376→ 9,521.21 total
Holdings
- 4,135.052(indirect: By 401(k))
Common Stock
- 4,000
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