Executive Bruce Sharp gets stock grant, tax share withholding at CB Financial (CBFV)
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
CB Financial Services, Inc. executive Bruce A. Sharp reported equity compensation changes, including a new stock award and related tax withholding. On February 16, 2026, he acquired 1,525 shares of common stock as a grant at $0.00 per share, increasing his direct holdings to 5,801 shares. On February 17, 2026, 204 shares of common stock were disposed of at $36.83 per share to cover tax obligations, leaving him with 5,597 directly held shares. Footnotes explain that restricted stock and stock options vest at a rate of 20% per year beginning on specified February dates from 2024 through 2027, and that he also has indirectly held common stock through IRAs.
Positive
- None.
Negative
- None.
Insider Trade Summary
7 transactions reported
Mixed
7 txns
Insider
Sharp Bruce A.
Role
SEVP & Chief Comm Loan Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 204 | $36.83 | $8K |
| Grant/Award | Common Stock | 1,525 | $0.00 | -- |
| holding | Stock Options | -- | -- | -- |
| holding | Stock Options | -- | -- | -- |
| holding | Stock Options | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 5,597 shares (Direct);
Stock Options — 4,800 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. Shares of restricted stock 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.
FAQ
What insider transactions did Bruce A. Sharp report for CBFV?
Bruce A. Sharp reported a stock grant and a tax-related share withholding. He received 1,525 common shares as an equity award and had 204 shares withheld at $36.83 each to satisfy tax obligations, reflecting routine executive compensation activity rather than open-market trading.
How do Bruce Sharp’s CB Financial Services restricted stock awards vest?
The footnotes state that several restricted stock awards vest at 20% per year beginning on specific February dates between 2024 and 2027. This schedule spreads the compensation over multiple years and links continued service and long-term company performance to the full realization of those awards.
What vesting terms apply to Bruce Sharp’s CB Financial Services stock options?
Bruce Sharp’s stock options vest at 20% per year starting on set February dates, including February 7, 2024, and February 16 in 2025 and 2026. This gradual vesting structure aligns his long-term incentives with CB Financial Services’ future performance over several years.