CB Financial (NASDAQ: CBFV) director exercises options, sells 1,000 shares
Rhea-AI Filing Summary
CB Financial Services, Inc. director John Swiatek reported an option exercise and related share sale involving the company’s common stock. On August 14, 2026, he exercised 1,400 stock options for common shares at an exercise price of $26.45 per share. The exercise generated an acquisition of 1,400 shares of common stock. On the same date, he sold 1,000 shares of common stock at a price of $37.06 per share in a disposition transaction. Following these transactions, he continues to hold common stock indirectly through an IRA, reported at 7,534 shares, and also holds remaining stock options on common stock with an exercise price of $30.75 per share, covering 1,115 underlying shares and expiring on December 15, 2027. Some of the reported common stock holdings include restricted stock that vests in annual 20% installments from February 16, 2023 through February 16, 2026, with an additional grant vesting 100% on February 16, 2027.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise and sale activity reported; no spread calculated
Exercise and Sale
5 txns
Insider
SWIATEK JOHN
Role
Director
Sold
1,000 shs ($37K)
Approx. gross sale proceeds
$37K
Approx. exercise cost
$37K
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Options | 1,400 | $0.00 | $0.00 |
| Exercise | Common Stock F1, F2, F3, F4, F5 | 1,400 | $26.45 | $37K |
| Sale | Common Stock F1, F2, F3, F4, F5 | 1,000 | $37.06 | $37K |
| holding | Stock Options | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Stock Options — 1,115 shares (Direct);
Common Stock — 12,644 shares (Direct);
Common Stock — 7,534 shares (Indirect, By IRA)
Footnotes (5)
- F1. Includes shares of restricted stock which vest at a rate of 20% per year commencing on February 16, 2023.
- F2. Includes shares of restricted stock which vest at a rate of 20% per year commencing on February 16, 2024.
- F3. Includes shares of restricted stock which vest at a rate of 20% per year commencing on February 16, 2025.
- F4. Includes shares of restricted stock which vest at a rate of 20% per year commencing on February 16, 2026.
- F5. Shares of restricted stock vest 100% on February 16, 2027.
Key Figures
Options Exercised: 1,400 shares
Option Exercise Price: $26.45 per share
Shares Sold: 1,000 shares
+4 more
7 metrics
Options Exercised
1,400 shares
Stock options exercised for common stock on August 14, 2026
Option Exercise Price
$26.45 per share
Exercise price of stock options converted into common stock
Shares Sold
1,000 shares
Common stock sold on August 14, 2026
Sale Price
$37.06 per share
Per-share price for the 1,000 common shares sold
Indirect IRA Holdings
7,534 shares
Common stock held indirectly through an IRA after transactions
Remaining Option Exercise Price
$30.75 per share
Exercise price of remaining stock options on 1,115 underlying shares
Remaining Option Underlying Shares
1,115 shares
Underlying common shares for remaining stock options expiring December 15, 2027
Key Terms
Stock Options, restricted stock, IRA, underlying security shares
4 terms
Stock Options financial
"security_title: Stock Options, underlying security common stock"
Stock options are agreements that give a person the right to buy or sell a company's stock at a specific price within a certain time frame. They are often used as a reward or incentive, similar to a coupon that can be used later if the stock price rises, allowing the holder to make a profit.
restricted stock financial
"Includes shares of restricted stock which vest at a rate of 20% per year"
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
IRA financial
"Common Stock held indirect with nature of ownership: By IRA"
An individual retirement account (IRA) is a savings account designed to help people put aside money for their retirement, often with tax advantages that encourage long-term savings. It matters to investors because it can grow over time, providing financial security later in life, and offers benefits that can reduce current taxes or allow investments to compound more effectively.
FAQ
What insider transactions did CBFV director John Swiatek report on August 14, 2026?
On August 14, 2026, John Swiatek exercised 1,400 stock options at $26.45 per share and sold 1,000 common shares at $37.06 per share. These transactions reflect an option exercise followed by a partial sale of the acquired common stock.
What stock options did John Swiatek exercise in this CBFV Form 4 filing?
He exercised 1,400 stock options for CBFV common stock at an exercise price of $26.45 per share. These options, originally exercisable since December 16, 2017, were scheduled to expire on December 16, 2026, and the exercise converted them into common shares.
What indirect CB Financial Services (CBFV) holdings does John Swiatek report?
John Swiatek reports holding 7,534 shares of CBFV common stock indirectly through an IRA. This figure reflects his post-transaction position in that account and is separate from his directly held shares and stock options disclosed in the same report.
What CBFV stock options does John Swiatek still hold after these transactions?
He continues to hold stock options on CBFV common stock with an exercise price of $30.75 per share, covering 1,115 underlying shares. These remaining options are reported with an expiration date of December 15, 2027, indicating continued derivative exposure to the stock.
How is restricted stock described in John Swiatek’s CBFV holdings?
Some of his common stock holdings include restricted stock that vests 20% per year beginning on February 16, 2023, 2024, 2025, and 2026, with an additional grant vesting 100% on February 16, 2027. These vesting schedules affect when shares become fully unrestricted.
AI-generated analysis. How Rhea-AI works. Not financial advice.
