Steven R. Shaffner Shilling - 24 Feb 2025 Form 4 Insider Report for CNB FINANCIAL CORP/PA (CCNE)

Role
EVP/Chief Wealth Mngt Officer
Signature
/s/ Jessica A. Zupich, Attorney-in-Fact
Issuer symbol
CCNE
Transactions as of
24 Feb 2025
Transactions value $
$21,910
Form type
4
Date filed
24 Feb 2025, 13:56
Previous filing
03 Feb 2025
Next filing
15 May 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CCNE Common Stock Award $33.1K +1.31K +16.64% $25.30 9.17K 24 Feb 2025 Direct F1
transaction CCNE Common Stock Sale -$11.2K -442 -4.82% $25.30 8.73K 24 Feb 2025 Direct F2
holding CCNE Common Stock 3.77K 24 Feb 2025 By 401K Plan F3
holding CCNE Depositary Shares 400 24 Feb 2025 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
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 Reflects shares of common stock surrendered to the Issuer to satisfy tax withholding obligations in connection with the Performance Stock Award.
F3 The amount of securities beneficially owned have been adjusted to reflect the latest 401K plan statement.
F4 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.