CNB Financial (CCNE) SVP sells 1,300 shares, updates 401K
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
CNB Financial Corp. insider activity: SVP and Strategic Project Manager Carla M. Higgins reported an open-market sale of 1,300 shares of CNB Financial common stock at $30.45 per share. Following the sale, she holds 2,538.0200 shares directly and 2,302.4670 shares indirectly through a 401K plan, which reflects accumulated shares from a Q1 2026 dividend reinvestment plan and updated 401K statement figures.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 1,300 shares ($39,585)
Net Sell
2 txns
Insider
Higgins Carla M.
Role
SVP/Strategic Project Manager
Sold
1,300 shs ($40K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 1,300 | $30.45 | $40K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 2,538.02 shares (Direct, null);
Common Stock — 2,302.467 shares (Indirect, by 401K Plan)
Footnotes (1)
- Accumulated shares through the Dividend Reinvestment Plan in Q1 2026 The amount of securities beneficially owned have been adjusted to reflect the latest 401K plan statement.
Key Figures
Shares sold: 1,300 shares
Sale price: $30.45/share
Direct holdings after sale: 2,538.0200 shares
+2 more
5 metrics
Shares sold
1,300 shares
Open-market sale of common stock on April 27, 2026
Sale price
$30.45/share
Price per share for 1,300 common shares sold
Direct holdings after sale
2,538.0200 shares
Common stock held directly after the reported transaction
Indirect 401K holdings
2,302.4670 shares
Common stock held indirectly via 401K plan after Q1 2026 updates
Net share change
-1,300 shares
Net buy/sell shares for this Form 4 period
Key Terms
open-market sale, Dividend Reinvestment Plan, 401K Plan
3 terms
open-market sale financial
"transaction_action: open-market sale"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Dividend Reinvestment Plan financial
"Accumulated shares through the Dividend Reinvestment Plan in Q1 2026"
A dividend reinvestment plan lets shareholders automatically use cash dividends to buy more shares of the same company instead of receiving the money. It matters to investors because it turns regular payouts into a steady way to grow ownership and take advantage of compound returns—like having your savings automatically buy additional slices of a pie over time—while often reducing transaction costs and smoothing purchase timing.
401K Plan financial
"The amount of securities beneficially owned have been adjusted to reflect the latest 401K plan statement."
A 401(k) plan is an employer-sponsored retirement savings account that lets workers set aside part of their paycheck into investments, often with tax breaks and sometimes with matching contributions from the employer. Think of it as a workplace piggy bank that grows through employee contributions, optional company top-ups, and market returns; it matters to investors because it shapes household retirement security, drives large flows of money into public markets, and affects a company’s compensation costs and ability to attract and keep talent.
FAQ
What insider transaction did CCNE executive Carla M. Higgins report?
Carla M. Higgins reported an open-market sale of 1,300 CNB Financial (CCNE) common shares. The shares were sold at $30.45 each, according to the Form 4, classifying the transaction as a non-derivative sale of common stock on April 27, 2026.
What does the Form 4 reveal about CCNE insider 401K plan holdings?
The Form 4 shows 2,302.4670 CNB Financial shares held indirectly in a 401K plan. Footnotes explain these amounts include shares accumulated through a Q1 2026 Dividend Reinvestment Plan and adjustments to match the latest 401K plan statement balances.