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CB Financial (CBFV) CEO awarded 3,975 shares of stock

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

Rhea-AI Filing Summary

Montgomery John Haines reported acquisition or exercise transactions in this Form 4 filing.

CB Financial Services, Inc. reported that President and CEO John Haines received a grant or award of 3,975 shares of Common Stock on February 16, 2026 at a price of $0.00 per share. Following this award, his directly held common stock position totals 39,037 shares.

He also indirectly holds 2,500 shares of Common Stock through an IRA. In addition, Haines holds several blocks of stock options with direct ownership, with post-transaction amounts of 13,790, 8,500, 10,000, 10,000 and 4,500 options in separate grants.

Footnotes state that the restricted stock and stock options generally vest at a rate of 20% per year, with different grants commencing vesting on February 16 of years from 2023 through 2027, spreading the CEO’s equity compensation over multiple years.

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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*
Montgomery John Haines

(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
X Officer (give title below) Other (specify below)
President and CEO
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 3,975(5) A $0 39,037(1)(2)(3)(4) D
Common Stock 2,500 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 $22.12 02/16/2025 02/16/2034 Common Stock 13,790(8) 13,790(8) D
Stock Options $22.01 02/16/2024 02/16/2033 Common Stock 8,500(7) 8,500(7) D
Stock Options $26.25 02/16/2023 02/16/2032 Common Stock 10,000(6) 10,000(6) D
Stock Options $24.03 12/20/2023 12/20/2032 Common Stock 10,000 10,000 D
Stock Options $18.6 08/31/2021 08/31/2030 Common Stock 4,500 4,500 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.
5. Shares of restricted stock vest at a rate of 20% per year commencing on February 16, 2027.
6. Stock options vest at a rate of 20% per year commencing on February 16, 2023.
7. Stock options vest at a rate of 20% per year commencing on February 16, 2024.
8. Stock options vest at a rate of 20% per year commencing on February 16, 2025.
/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.

FAQ

What insider transaction did CBFV report for CEO John Haines?

CB Financial Services reported that CEO John Haines received a grant of 3,975 shares of Common Stock on February 16, 2026 at $0.00 per share. This was coded as a grant or award acquisition rather than an open-market purchase or sale.

How many CB Financial (CBFV) shares does the CEO own after this Form 4?

After the February 16, 2026 award, CEO John Haines directly owns 39,037 shares of CB Financial Services Common Stock. He also indirectly holds 2,500 additional shares through an IRA, giving him both direct and IRA-based exposure to the company’s equity.

Were any CB Financial (CBFV) shares sold in this Form 4 filing?

The Form 4 shows no reported sales of CB Financial Services stock. It records one acquisition of 3,975 Common Stock shares as a grant or award and several holdings updates, with no transactions coded as open-market or other dispositions in the provided data.

What stock option holdings does the CBFV CEO report in this filing?

John Haines reports several blocks of stock options with direct ownership. Post-transaction holdings include separate grants with totals of 13,790, 8,500, 10,000, 10,000 and 4,500 options, reflecting multiple option awards at different times and vesting schedules across his compensation package.

How do CB Financial (CBFV) restricted stock awards for the CEO vest?

The filing notes that certain restricted stock awards to the CEO vest at 20% per year. Different grants begin vesting on February 16 of 2023, 2024, 2025, 2026 and 2027, creating a multi-year vesting schedule that links compensation to continued service over time.

How do the CBFV CEO’s stock options vest according to the Form 4 footnotes?

Footnotes state that specified stock option grants to CEO John Haines vest at 20% per year. Individual option awards commence vesting on February 16, 2023, 2024 and 2025, providing a staggered vesting pattern aligned with long-term incentive compensation objectives.
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