CB Financial (CBFV) SEVP exercises options and withholds shares for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
CB Financial Services, Inc. executive Bruce A. Sharp reported option exercises and related share withholding. On 2026-02-20, he acquired blocks of common stock through stock option exercises at prices of $25.5600, $22.0100, and $22.1200 per share, increasing his directly held common stock to 6,787 shares.
On the same date, 2,920 common shares were disposed of in a tax-withholding transaction at $34.1702 per share. He also reports indirect holdings of 1,500 common shares held by an IRA and 1,000 common shares held by his mother's IRA. Footnotes state that both restricted stock and stock options vest 20% per year starting on specified February dates from 2024 through 2027.
Positive
- None.
Negative
- None.
Insider Trade Summary
0 shares exercised/converted
Mixed
9 txns
Insider
Sharp Bruce A.
Role
SEVP & Chief Comm Loan Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Options | 0 | $0.00 | -- |
| Exercise | Stock Options | 0 | $0.00 | -- |
| Exercise | Stock Options | 0 | $0.00 | -- |
| Exercise | Common Stock | 2,400 | $25.56 | $61K |
| Exercise | Common Stock | 640 | $22.01 | $14K |
| Exercise | Common Stock | 1,070 | $22.12 | $24K |
| Tax Withholding | Common Stock | 2,920 | $34.1702 | $100K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Stock Options — 2,400 shares (Direct);
Common Stock — 7,997 shares (Direct);
Common Stock — 1,500 shares (Indirect, By IRA)
Footnotes (1)
- Includes shares of restricted stock which vest at a rate of 20% per year commencing on February 16, 2024. 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. Includes shares of restricted stock which vest at a rate of 20% per year commencing on February 16, 2027. Stock options vest at a rate of 20% per year commencing on February 7, 2024. Stock options vest at a rate of 20% per year commencing on February 16, 2025. Stock options vest at a rate of 20% per year commencing on February 16, 2026.