CNB Financial EVP logs stock grant and tax share surrender
CNB Financial Corporation executive Robin Mink reported a mix of equity award and tax-related share disposition.
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Rhea-AI Filing Summary
CNB Financial Corporation executive Robin Mink reported a mix of equity award and tax-related share disposition. Mink received a grant of 445 shares of common stock at $27.70 per share under the 2019 Stock Incentive Plan, based on a three-year performance period. To cover tax withholding on this performance stock award, 144 shares were surrendered back to the company at $27.70 per share. After these transactions, Mink directly owned 6,737.18 common shares and indirectly held 3,039.297 shares through a 401(k) plan.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 445 | $27.70 | $12K |
| Sale | Common Stock | 144 | $27.70 | $4K |
| Holding | Common Stock | -- | -- | -- |
Footnotes (2)
- F1. These securities were issued to the reporting person pursuant to the CNB Financial Corporation 2019 Stock Incentive Plan, which provided for the conversion of performance units into a number of shares of common stock based on the Issuer's performance over a three year designated performance period.
- F2. Reflects shares of common stock surrendered to the Issuer to satisfy tax withholding obligations in connection with the Performance Stock Award.
FAQ
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What insider transactions did CCNE executive Robin Mink report on this Form 4?
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