Richard Lee Greslick Jr. - 26 Feb 2024 Form 4 Insider Report for CNB FINANCIAL CORP/PA (CCNE)

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
26 Feb 2024, 16:03:17 UTC
Prior SEC filing
01 Feb 2024
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Jessica A. Zupich, Attorney-in-Fact

Key filing fact

Richard Lee Greslick Jr. filed Form 4 for CNB FINANCIAL CORP/PA (CCNE) on 26 Feb 2024.

Key facts

  • This page summarizes Richard Lee Greslick Jr.'s Form 4 filing for CNB FINANCIAL CORP/PA (CCNE).
  • 2 reported transactions and 1 derivative row are listed below.
  • Accepted by SEC: 26 Feb 2024, 16:03.

Change

  • Previous filing in this sequence was filed on 01 Feb 2024.
  • Current net transaction value: +$39,989.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

CCNE transaction

Common Stock

Award

Transaction value
$58,691
Shares
+2,749
Change %
+9%
Price
$21.35
Shares after
33,318
Date
26 Feb 2024
Ownership
Direct
Footnotes
F1
CCNE transaction

Common Stock

Tax liability

Transaction value
$18,703
Shares
-876
Change %
-2.6%
Price
$21.35
Shares after
32,442
Date
26 Feb 2024
Ownership
Direct
Footnotes
F2
CCNE holding

Depositary Shares

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
2,000
Date
26 Feb 2024
Ownership
Direct
Footnotes
F3
CCNE holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
10,238
Date
26 Feb 2024
Ownership
By 401K Plan

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

CCNE holding Derivative

Phantom Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
6,131
Date
26 Feb 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
6,131
Exercise price
Footnotes
F4, F5, F6
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 6 footnotes

Footnote 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.

Footnote F2

Reflects shares of common stock surrendered to the Issuer to satisfy tax withholding obligations in connection with the Performance Award.

Footnote F3

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.

Footnote 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.

Footnote F5

n/a

Footnote F6

Each share of phantom stock is the economic equivalent of one share of common stock. The phantom shares become payable upon termination of service.

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