Richard Lee Greslick Jr. - 01 Feb 2024 Form 4 Insider Report for CNB FINANCIAL CORP/PA (CCNE)

Role: Secretary, Senior EVP, Director
Signature: /s/ Jessica A. Zupich, Attorney-in-Fact
Issuer symbol: CCNE
Transactions as of: 01 Feb 2024
Net transactions value: +$9,970
Form type: 4
Filing time: 01 Feb 2024, 15:50:46 UTC
Previous filing: 23 Feb 2023
Next filing: 26 Feb 2024
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	$24,980	+1,170	+3.9%	$21.35	31,272	01 Feb 2024	Direct	F1
transaction	CCNE	Common Stock	Tax liability	$15,009	-703	-2.2%	$21.35	30,569	01 Feb 2024	Direct	F3
holding	CCNE	Depositary Shares						2,000	01 Feb 2024	Direct	F2
holding	CCNE	Common Stock						10,238	01 Feb 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						6,131	01 Feb 2024	Common Stock	6,131		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