Richard Lee Greslick Jr. - Feb 1, 2024 Form 4 Insider Report for CNB FINANCIAL CORP/PA (CCNE)

Signature
/s/ Jessica A. Zupich, Attorney-in-Fact
Stock symbol
CCNE
Transactions as of
Feb 1, 2024
Transactions value $
$9,970
Form type
4
Date filed
2/1/2024, 03:50 PM
Previous filing
Feb 23, 2023
Next filing
Feb 26, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CCNE Common Stock Award $25K +1.17K +3.89% $21.35 31.3K Feb 1, 2024 Direct F1
transaction CCNE Common Stock Tax liability -$15K -703 -2.25% $21.35 30.6K Feb 1, 2024 Direct F3
holding CCNE Depositary Shares 2K Feb 1, 2024 Direct F2
holding CCNE Common Stock 10.2K Feb 1, 2024 By 401K Plan

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 6.13K Feb 1, 2024 Common Stock 6.13K Direct F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Accumulated shares through Dividend Reinvestment
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.
F3 Reflects shares of common stock surrendered to the Issuer to satisfy tax withholding obligations in connection with the Restricted Stock Award.
F4 Each share of phantom stock is the economic equivalent of one share of common stock. The phantom shares become payable upon termination of service.
F5 n/a