CB Financial (NASDAQ: CBFV) SEVP gets 750-share equity grant

Filing Impact

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Filing Sentiment

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Form Type

Rhea-AI Filing Summary

Burchianti Ralph reported acquisition or exercise transactions in this Form 4 filing.

CB Financial Services, Inc. director and senior executive Ralph Burchianti received a grant of 750 shares of common stock on February 16, 2026 as an equity award at no stated purchase price. Following this grant, he directly owned 79,723 common shares. Footnotes state that portions of his holdings consist of restricted stock that generally vest at a rate of 20% per year from February 16, 2023 through February 16, 2026, with an additional grant vesting 100% on February 16, 2027. He also holds several blocks of stock options that vest 20% per year from February 16, 2023 through February 16, 2025, and has an indirect interest in 2,200 common shares through an investment club, where he holds a 16.6% interest and disclaims beneficial ownership of 1,834 of those shares.

Insider Trade Summary

7 transactions reported

Mixed 7 txns

Insider Burchianti Ralph

Role SEVP & Chief Credit Officer

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	750	$0.00	--
holding	Stock Options	--	--	--
holding	Stock Options	--	--	--
holding	Stock Options	--	--	--
holding	Stock Options	--	--	--
holding	Stock Options	--	--	--
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 79,723 shares (Direct); Stock Options — 5,870 shares (Direct); Common Stock — 2,200 shares (Indirect, By Investment Club)

Footnotes (1)

Includes shares of restricted stock which vest at a rate of 20% per year commencing on February 16, 2023. 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 100% on February 16, 2027. Stock options vest at a rate of 20% per year commencing on February 16, 2023. Stock options vest at a rate of 20% per year commencing on February 16, 2024. Stock options vest at a rate of 20% per year commencing on February 16, 2025. The investment club owns a total of 2,200 shares of the issuer's common stock. Mr. Burchianti has a 16.6% interest in the investment club and disclaims beneficial ownership with respect to 1,834 shares.

Form 4 Insider Transactions: What Each Field Means →

02/18/2026 - 05:01 PM

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^*

Burchianti Ralph

(Last)

(First)

(Middle)

100 N. MARKET STREET

(Street)

CARMICHAELS

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)
	SEVP & Chief Credit Officer

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	02/16/2026		A		750⁽⁵⁾	A	$0	79,723⁽¹⁾⁽²⁾⁽³⁾⁽⁴⁾	D
Common Stock								2,200⁽⁹⁾	I	By Investment Club

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Stock Options	$22.12							02/16/2025	02/16/2034	Common Stock	5,870⁽⁸⁾		5,870⁽⁸⁾	D
Stock Options	$22.01							02/16/2024	02/16/2033	Common Stock	3,800⁽⁷⁾		3,800⁽⁷⁾	D
Stock Options	$26.25							02/16/2023	02/16/2032	Common Stock	5,200⁽⁶⁾		5,200⁽⁶⁾	D
Stock Options	$30.75							12/15/2018	12/16/2027	Common Stock	3,280		3,280	D
Stock Options	$26.45							12/16/2017	12/16/2026	Common Stock	2,810		2,810	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 100% 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.

9. The investment club owns a total of 2,200 shares of the issuer's common stock. Mr. Burchianti has a 16.6% interest in the investment club and disclaims beneficial ownership with respect to 1,834 shares.

	/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.

Source: View Original Filing on SEC EDGAR

FAQ

What did CBFV executive Ralph Burchianti report in this Form 4?

Ralph Burchianti reported an equity award of 750 shares of CB Financial Services common stock on February 16, 2026. The award was recorded at a price of $0.00 per share, indicating a grant rather than an open-market purchase.

How many CBFV shares does Ralph Burchianti own after this transaction?

After the February 16, 2026 grant, Ralph Burchianti directly owned 79,723 shares of CB Financial Services common stock. This total includes restricted stock awards that vest over several years according to schedules described in the footnotes.

What are the vesting terms of Ralph Burchianti’s CBFV restricted stock?

His restricted stock vests 20% per year starting on February 16, 2023, 2024, 2025, and 2026, according to separate grants. Another grant of restricted stock is scheduled to vest 100% on February 16, 2027, subject to applicable award terms.

How do Ralph Burchianti’s CBFV stock options vest?

His CB Financial Services stock options vest at a rate of 20% per year, with vesting schedules commencing on February 16, 2023, February 16, 2024, and February 16, 2025. These options represent additional potential equity beyond his currently owned shares.

What indirect ownership in CBFV shares does Ralph Burchianti report?

He reports indirect ownership of 2,200 CB Financial Services common shares through an investment club. He has a 16.6% interest in that club and explicitly disclaims beneficial ownership of 1,834 of those shares, as stated in the footnotes.

Was the CBFV Form 4 transaction a market purchase or a grant?

The reported transaction was a grant of 750 common shares at $0.00 per share, described as a grant, award, or other acquisition. This indicates equity compensation rather than an open-market buy or sell transaction for cash consideration.