CNB Financial (CCNE) director updates ownership after 961.5-share acquisition

Rhea-AI Filing Summary

CNB Financial Corporation director Gary S. Olson reported an acquisition of 961.5 shares of Common Stock on February 4, 2026 through a transaction coded "W" at a price of $0 per share. Following this adjustment, he now directly holds 100,056.5 common shares.

The filing also shows indirect holdings of 111 shares in a spouse's IRA 1 and 116 shares in a spouse's IRA 2. A footnote explains that total holdings were adjusted to reflect corrected amounts consistent with an amended Form 3 filed on February 6, 2026.

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

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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^*

Olson Gary S

(Last) (First) (Middle)

1 S 2ND STREET

(Street)

CLEARFIELD PA 16830

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
CNB FINANCIAL CORP/PA [ CCNE ]

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)
02/04/2026

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	02/04/2026		W	V	961.5	A	$0	100,056.5(1)	D
Common Stock								111	I	By spouse's IRA 1
Common Stock								116	I	By spouse's IRA 2

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

Explanation of Responses:

1. Total holdings in Column 5 have been adjusted to reflect corrected holdings as disclosed in the amendment to the Form 3 filed on February 6, 2026.

Remarks:

	/s/ Jessica A. Zupich, Attorney-in-Fact	02/06/2026
	** 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.

FAQ

What insider transaction did CCNE director Gary S. Olson report?

Gary S. Olson reported acquiring 961.5 shares of CNB Financial Corporation common stock via a transaction coded "W" on February 4, 2026 at $0 per share, updating his reported beneficial ownership records.

How many CNB Financial (CCNE) shares does Gary S. Olson now directly own?

After the February 4, 2026 transaction, Gary S. Olson is reported as directly owning 100,056.5 shares of CNB Financial Corporation common stock, reflecting corrected holdings disclosed in coordination with an amended Form 3 filing.

What indirect CNB Financial (CCNE) holdings are reported for Gary S. Olson?

The filing lists 111 CNB Financial common shares held indirectly through the spouse's IRA 1 and 116 shares held indirectly through the spouse's IRA 2, in addition to Gary S. Olson’s direct share ownership.

What does transaction code "W" mean in the CCNE Form 4 for Gary S. Olson?

The Form 4 reports the 961.5-share acquisition under transaction code "W" at a $0 price per share, indicating a non-cash equity transaction that adjusted Gary S. Olson’s reported beneficial ownership of CNB Financial common stock.

Why were Gary S. Olson’s CCNE holdings adjusted in this Form 4?

A footnote states that total holdings in Column 5 were adjusted to reflect corrected holdings, aligning the reported ownership with amounts disclosed in an amendment to Gary S. Olson’s Form 3 filed on February 6, 2026.