CNB Financial (CCNE) SEVP Leanne Kassab granted 1,485 performance shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
CNB Financial Corp. executive Leanne D. Kassab reported a performance-based stock award. She acquired 1,485 shares of common stock on February 23, 2026 at $27.70 per share, issued under the CNB Financial Corporation 2019 Stock Incentive Plan upon conversion of performance units earned over a three-year period.
After this award, she directly holds 22,352 common shares. She also reports 1,000 Depositary Shares, each representing a 1/40th interest in a 7.125% Series A preferred share, along with indirect common stock holdings through a spouse and a 401(k) plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
Kassab Leanne D
Role
SEVP/Chief Experience Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,485 | $27.70 | $41K |
| holding | Depositary Shares | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 22,352 shares (Direct);
Depositary Shares — 1,000 shares (Direct);
Common Stock — 728 shares (Indirect, Spouse)
Footnotes (1)
- 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. Each Depositary Share represents a 1/40th interest in a share of the Issuer's 7.125% Series A Fixed-Rate Non-Cumulative Perpetual Preferred Stock, no par value per share. Depositary Shares were purchased in an underwritten public offering.
FAQ
What insider transaction did CCNE executive Leanne Kassab report?
Leanne Kassab reported a stock award of 1,485 CNB Financial common shares. The shares were issued under the 2019 Stock Incentive Plan after performance units converted based on the issuer’s results over a three-year performance period ending before February 23, 2026.
Was Leanne Kassab’s CCNE transaction a stock purchase or an award?
The Form 4 shows a stock award, not an open-market purchase. Transaction code A indicates a grant or other acquisition, and footnotes explain the 1,485 common shares came from performance units converting under CNB Financial’s 2019 Stock Incentive Plan.
What other CNB Financial securities does Leanne Kassab report on the Form 4?
She reports 1,000 Depositary Shares, each representing a 1/40th interest in a 7.125% Series A preferred share, held directly. She also lists indirect common stock holdings through a spouse and through a 401(k) plan associated with CNB Financial.
Does this CCNE Form 4 show any insider stock sales by Leanne Kassab?
The summarized data show a single acquisition coded A and no sales. Additional entries reflect security holdings, including Depositary Shares and indirect common stock interests, rather than new sale transactions or dispositions of CNB Financial shares on February 23, 2026.