[Form 4] CB Financial Services, Inc. (PA) Insider Trading Activity

Insider Trade Summary

Net Seller: 633 shares

Net Sell 10 txns

Insider LaCarte John J

Role Director

Sold 633 shs ($21K)

Type	Security	Shares	Price	Value
Exercise	Stock Options	0	$0.00	$0.00
Exercise	Common Stock	685	$30.75	$21K
Sale	Common Stock	105	$33.20	$3K
Sale	Common Stock	232	$33.201	$8K
Sale	Common Stock	37	$33.21	$1K
Sale	Common Stock	52	$33.22	$2K
Sale	Common Stock	6	$33.23	$199.38
Sale	Common Stock	201	$33.50	$7K
holding	Common Stock	--	--	--
holding	Common Stock	--	--	--

Holdings After Transaction: Stock Options — 0 contracts (Direct); Common Stock — 46,170 shares (Direct); Common Stock — 85,000 shares (Indirect, By Corporation); Common Stock — 7,700 shares (Indirect, By Family Trust)

Footnotes (5)

1. F1. Includes shares of restricted stock which vest at a rate of 20% per year commencing on December 14, 2021.
2. F2. Includes shares of restricted stock which vest at a rate of 20% per year commencing on February 16, 2023.
3. F3. Includes shares of restricted stock which vest at a rate of 20% per year commencing on February 16, 2024.
4. F4. Includes shares of restricted stock which vest at a rate of 20% per year commencing on February 16, 2025.
5. F5. Shares of restricted stock vest at a rate of 20% per year commencing on February 16, 2026.

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Accepted by SEC EDGAR 07/31/2025 - 11:33 AM EDT Learn about SEC filing dates

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^*

LaCarte John J

(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)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
07/30/2025

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	07/30/2025		M		685	A	$30.75	46,803(1)(2)(3)(4)(5)	D
Common Stock	07/30/2025		S		105	D	$33.2	46,698(1)(2)(3)(4)(5)	D
Common Stock	07/30/2025		S		232	D	$33.201	46,466(1)(2)(3)(4)(5)	D
Common Stock	07/30/2025		S		37	D	$33.21	46,429(1)(2)(3)(4)(5)	D
Common Stock	07/30/2025		S		52	D	$33.22	46,377(1)(2)(3)(4)(5)	D
Common Stock	07/30/2025		S		6	D	$33.23	46,371(1)(2)(3)(4)(5)	D
Common Stock	07/30/2025		S		201	D	$33.5	46,170(1)(2)(3)(4)(5)	D
Common Stock								85,000	I	By Corporation
Common Stock								7,700	I	By Family Trust

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	$30.75	07/30/2025		M			$685	12/15/2018	12/15/2027	Common Stock	685	$0	0	D

Explanation of Responses:

1. Includes shares of restricted stock which vest at a rate of 20% per year commencing on December 14, 2021.

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

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

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

5. Shares of restricted stock vest at a rate of 20% per year commencing on February 16, 2026.

	/s/ Matthew Lawrence, pursuant to power of attorney	07/31/2025
	** 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.