CNB FINANCIAL CORP/PA false 0000736772 0000736772 2026-05-12 2026-05-12 0000736772 us-gaap:CommonStockMember 2026-05-12 2026-05-12 0000736772 us-gaap:SeriesAPreferredStockMember 2026-05-12 2026-05-12
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): May 12, 2026
CNB FINANCIAL CORPORATION
(Exact name of registrant as specified in its charter)
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Pennsylvania
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001-39472 |
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25-1450605 |
(State or other jurisdiction of
incorporation or organization) |
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(Commission
File Number) |
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(I.R.S. Employer
Identification No.) |
1 South Second Street
PO Box 42
Clearfield, Pennsylvania 16830
(Address of principal executive offices, zip code)
Registrant’s telephone number, including area code: (814) 765-9621
Not Applicable
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Securities registered pursuant to Section 12(b) of the Act:
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| Title of each class |
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Trading
Symbol |
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Name of each exchange
on which registered |
| Common Stock, no par value |
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CCNE |
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The NASDAQ Stock Market LLC |
| Depositary Shares (each representing a 1/40th interest in a share of 7.125% Series A Non-Cumulative, Perpetual Preferred Stock) |
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CCNEP |
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The NASDAQ Stock Market LLC |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 8.01. Other Events
On May 12, 2026, the Board of Directors of CNB Financial Corporation (the “Company”) approved the Company’s 2026 Common Share Repurchase Program (the “Plan”), authorizing the repurchase from time to time by the Company of up to 500,000 shares of the Company’s common stock, no par value per share (the “Common Stock”), provided that the aggregate purchase price of shares of Common Stock repurchased does not exceed $15,000,000. Pursuant to the Plan, repurchases of Common Stock, if any, are authorized to be made during the period beginning on June 10, 2026 (the expiration date of the Company’s 2025 Common Share Repurchase Program) through and including June 10, 2027 through open market purchases, privately negotiated transactions or in such other manner as will comply with the provisions of the Securities Exchange Act of 1934, as amended, and the rules and regulations promulgated thereunder, subject to compliance with any material agreement to which the Company is a party. Depending on market conditions and other factors, these repurchases may be commenced or suspended without prior notice.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
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CNB FINANCIAL CORPORATION |
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| Date: June 10, 2026 |
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By: |
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/s/ Tito L. Lima |
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Tito L. Lima |
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Treasurer |
