CB Financial (CBFV) vice chair Guthrie exercises options and sells shares

Rhea-AI Filing Summary

CB Financial Services vice chairman Charles R. Guthrie reported option exercises and a share sale. On February 6, 2026, he exercised stock options for 1,400 common shares at $26.45 and another 1,115 shares at $30.75, increasing his direct holdings before the sale.

That same day he sold 1,913 common shares at $37.35, leaving 16,796 shares of CB Financial common stock held directly. He also beneficially owns 48 shares through a limited partnership and 6,853 shares through an IRA. His direct holdings include restricted stock that vests 20% annually beginning in February of 2023, 2024, 2025, and 2026.

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

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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^*

Guthrie Charles R.

(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)

X	Director		10% Owner
	Officer (give title below)	X	Other (specify below)
			Vice Chairman of the Board

3. Date of Earliest Transaction (Month/Day/Year)
02/06/2026

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	02/06/2026		M		1,400	A	$26.45	17,594(1)(2)(3)(4)	D
Common Stock	02/06/2026		M		1,115	A	$30.75	18,709(1)(2)(3)(4)	D
Common Stock	02/06/2026		S		1,913	D	$37.35	16,796(1)(2)(3)(4)	D
Common Stock								48	I	By Limited Partnership
Common Stock								6,853	I	By IRA

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	$26.45	02/06/2026		M			$1,400	12/16/2017	12/16/2026	Common Stock	1,400	$0	0	D
Stock Options	$30.75	02/06/2026		M			$1,115	12/15/2018	12/15/2027	Common Stock	1,115	$0	0	D

Explanation of Responses:

1. Includes shares of restricted stock which vest at a rate of 20% per year commencing on February 16, 2023.

2. Includes shares of restricted stock which vest at a rate of 20% per year commencing on February 16, 2024.

3. Includes shares of restricted stock which vest at a rate of 20% per year commencing on February 16, 2025.

4. Includes shares of restricted stock which vest at a rate of 20% per year commencing on February 16, 2026.

	/s/ Matthew Lawrence, pursuant to power of attorney	02/09/2026
	** 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.

FAQ

What insider transaction did CBFV director Charles R. Guthrie report?

Charles R. Guthrie reported exercising stock options and selling CB Financial (CBFV) shares. On February 6, 2026, he exercised options for shares at $26.45 and $30.75, then sold 1,913 common shares at $37.35 in a single reported transaction.

How many CB Financial (CBFV) shares did Guthrie sell and at what price?

Guthrie sold 1,913 shares of CB Financial common stock at $37.35 per share. The sale occurred on February 6, 2026 and followed same-day option exercises that converted stock options into directly held common shares.

What are Charles R. Guthrie’s CB Financial (CBFV) holdings after the Form 4 transactions?

After the reported transactions, Guthrie directly holds 16,796 shares of CB Financial common stock. He also indirectly owns 48 shares through a limited partnership and 6,853 shares through an IRA, in addition to restricted stock that vests in 20% annual installments.

At what prices did Guthrie exercise his CB Financial (CBFV) stock options?

Guthrie exercised CB Financial stock options for 1,400 shares at $26.45 and 1,115 shares at $30.75. These option exercises on February 6, 2026 converted derivative positions into common stock, which then partially supported his same-day sale of 1,913 shares.

What is Charles R. Guthrie’s role at CB Financial (CBFV)?

Charles R. Guthrie serves as a director and Vice Chairman of the Board at CB Financial Services, Inc. His status as a director and board vice chair requires public reporting of his CB Financial equity transactions through Form 4 insider trading disclosures.

How do restricted stock awards affect Guthrie’s CB Financial (CBFV) holdings?

Guthrie’s reported holdings include restricted stock that vests 20% per year starting February 16 in 2023, 2024, 2025, and 2026. As these tranches vest annually, more restricted shares convert into fully vested CB Financial common stock in his beneficial ownership.