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CB Financial (CBFV) CCO receives 1,375-share common stock award

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Cobain Stephen reported acquisition or exercise transactions in this Form 4 filing.

CB Financial Services, Inc. Chief Credit Officer Stephen Cobain received a grant of 1,375 shares of common stock on February 16, 2026 as a stock award with a stated price of $0.0000 per share. Following this award, his directly held common stock position is 4,453 shares.

The filing also reports stock option holdings tied to the common stock, with positions of 4,480 and 5,000 option shares, each subject to vesting. Footnotes state that both restricted stock and options generally vest at a rate of 20% per year beginning on specified dates between November 30, 2023 and February 16, 2027, indicating these awards become fully available over multiple years.

Positive

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Negative

  • None.
Insider Cobain Stephen
Role Chief Credit Officer
Type Security Shares Price Value
Grant/Award Common Stock 1,375 $0.00 --
holding Stock Options -- -- --
holding Stock Options -- -- --
Holdings After Transaction: Common Stock — 4,453 shares (Direct); Stock Options — 4,480 shares (Direct)
Footnotes (1)
  1. Includes shares of restricted stock which vest at a rate of 20% per year commencing on November 30, 2023. Includes shares of restricted stock which vest at a rate of 20% per year commencing on February 16, 2025. Includes shares of restricted stock which vest at a rate of 20% per year commencing on February 16, 2026. Shares of restricted stock vest at a rate of 20% per year commencing on February 16, 2027. Stock option vest at a rate of 20% per year commencing on February 16, 2025. Stock option vest at a rate of 20% per year commencing on November 30, 2023.
Form 4 Insider Transactions: What Each Field Means →
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Cobain Stephen
(Last) (First) (Middle)
100 N. MARKET STREET
(Street)
CARMICHAELS PA 15320
(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
CB Financial Services, Inc. [ CBFV ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Credit Officer
3. Date of Earliest Transaction (Month/Day/Year)
02/16/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
 6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 02/16/2026 A 1,375(4) A $0 4,453(1)(2)(3) D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Options $22.12 02/16/2025 02/16/2034 Common Stock 4,480(5) 4,480(5) D
Stock Options $22.48 11/30/2023 11/30/2032 Common Stock 5,000(6) 5,000(6) D
Explanation of Responses:
1. Includes shares of restricted stock which vest at a rate of 20% per year commencing on November 30, 2023.
2. Includes shares of restricted stock which vest at a rate of 20% per year commencing on February 16, 2025.
3. Includes shares of restricted stock which vest at a rate of 20% per year commencing on February 16, 2026.
4. Shares of restricted stock vest at a rate of 20% per year commencing on February 16, 2027.
5. Stock option vest at a rate of 20% per year commencing on February 16, 2025.
6. Stock option vest at a rate of 20% per year commencing on November 30, 2023.
/s/ Matthew Lawrence, pursuant to power of attorney 02/18/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did CBFV report for Stephen Cobain?

CB Financial Services reported that Chief Credit Officer Stephen Cobain received a grant of 1,375 shares of common stock. The award was recorded at a price of $0.0000 per share and increased his directly held common stock position to 4,453 shares after the transaction.

How many CB Financial (CBFV) shares does Stephen Cobain hold after this award?

After the stock award, Stephen Cobain directly holds 4,453 shares of CB Financial common stock. This total reflects the addition of 1,375 awarded shares on February 16, 2026, as shown in the filing’s post-transaction ownership figure for his common stock holdings.

Are the CBFV shares granted to Stephen Cobain restricted stock?

Yes, the filing indicates the holdings include restricted stock that vests over time. Footnotes specify that restricted shares generally vest at 20% per year starting on dates between November 30, 2023 and February 16, 2027, meaning full ownership is phased in across several years.

What stock option information is disclosed for Stephen Cobain at CBFV?

The filing lists stock option holdings relating to CB Financial common stock, with post-transaction balances of 4,480 and 5,000 option shares. Footnotes explain these options vest at 20% per year beginning on November 30, 2023 and February 16, 2025, spreading exercisability over multiple years.

Did Stephen Cobain buy or sell CB Financial (CBFV) shares on the market?

The reported transaction is a grant or award acquisition of 1,375 common shares, not a market purchase or sale. The transaction code is described as a grant, award, or other acquisition, and the per-share price is shown as $0.0000, typical of equity compensation.

How quickly do Stephen Cobain’s CB Financial equity awards vest?

Footnotes state that both restricted stock and stock options vest at 20% per year. The vesting schedules begin on several dates, including November 30, 2023, February 16, 2025, February 16, 2026, and February 16, 2027, gradually increasing his exercisable and fully vested holdings over time.