Gary S. Olson - 15 Jul 2025 Form 4 Insider Report for ESSA Bancorp, Inc. (ESSA)

Role
President and CEO, Director
Signature
/s/ Marc P. Levy, pursuant to power of attorney
Issuer symbol
ESSA
Transactions as of
15 Jul 2025
Net transactions value
-$84,470
Form type
4
Filing time
24 Jul 2025, 10:35:18 UTC
Previous filing
02 Oct 2024
Next filing
06 Feb 2026
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Olson Gary S President and CEO, Director 200 PALMER STREET, STROUDSBURG /s/ Marc P. Levy, pursuant to power of attorney 24 Jul 2025 0001392628

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ESSA Common Stock Tax liability $84,470 -4,157 -5.3% $20.32 74,079 15 Jul 2025 Direct F1
transaction ESSA Common Stock Disposed to Issuer -74,079 -100% 0 23 Jul 2025 Direct F2
transaction ESSA Common Stock Disposed to Issuer -43,305 -100% 0 23 Jul 2025 By 401(k) F2
transaction ESSA Common Stock Disposed to Issuer -130 -100% 0 23 Jul 2025 By spouse's IRA 1 F2
transaction ESSA Common Stock Disposed to Issuer -136 -100% 0 23 Jul 2025 By spouse's IRA 2 F2
transaction ESSA Common Stock Disposed to Issuer -15,120 -100% 0 23 Jul 2025 By ESOP F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Gary S. Olson is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 Pursuant to the Agreement and Plan of Merger, dated as of January 9, 2025 (the "Merger Agreement"), between the Issuer and CNB Financial Corporation, each restricted stock award outstanding immediately prior to the effective time of the merger fully vested, and such awards will be exchanged for the merger consideration at the effective time of the merger (as defined in the Merger Agreement).
F2 Pursuant to the Agreement and Plan of Merger, dated as of January 9, 2025, between the Issuer and CNB Financial Corporation, each issued and outstanding share of Issuer common stock was converted into the right to receive 0.8547 shares of CNB Financial Corporation common stock (subject to the payment of cash in lieu of fractional shares).