Jeffrey S. Powell - 01 Feb 2023 Form 4 Insider Report for CNB FINANCIAL CORP/PA (CCNE)

Role: Director
Signature: /s/ Jessica A. Zupich, attorney-in-fact
Issuer symbol: CCNE
Transactions as of: 01 Feb 2023
Net transactions value: +$34,998
Form type: 4
Filing time: 01 Feb 2023, 15:16:50 UTC
Previous filing: 21 Sep 2022
Next filing: 17 Feb 2023
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	$34,998	+1,451	+1.1%	$24.12	128,952	01 Feb 2023	Direct
holding	CCNE	Common Stock						4,000	01 Feb 2023	JJ Powell

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
holding	CCNE	Phantom Stock						38,411	01 Feb 2023	Common Stock	38,411		Direct	F1, F2, F3, F4

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Each share of phantom stock is the economic equivalent of one share of common stock. The phantom shares become payable upon termination of service.
F2	n/a
F3	Each share of phantom stock is the economic equivalent of one share of common stock. The phantom shares become payable upon termination of service.
F4	Accumulated shares through Director Deferred Compensation plan