CNB Financial Corp/PA (CCNE) CEO adds 1,100 shares of common stock
Rhea-AI Filing Summary
CNB Financial Corp/PA President & CEO Michael D. Peduzzi purchased 1,100 shares of common stock on 2026-08-05 at $35.3712 per share, increasing his directly held stake to 56,418 shares. Indirect holdings through a 401K Plan now total 3,718.2200 shares, reflecting an adjustment to the latest plan statement.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 1,100 shares
Net Buy
2 txns
Insider
Peduzzi Michael D
Role
President & CEO
Bought
1,100 shs ($39K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 1,100 | $35.3712 | $39K |
| holding | Common Stock F1 | -- | -- | -- |
Holdings After Transaction:
Common Stock — 56,418 shares (Direct);
Common Stock — 3,718.22 shares (Indirect, By 401K Plan)
Footnotes (1)
- F1. The amount of securities beneficially owned have been adjusted to reflect the latest 401K plan statement.
Key Figures
Shares purchased: 1100 shares
Purchase price: $35.3712 per share
Direct holdings after purchase: 56418 shares
+2 more
5 metrics
Shares purchased
1100 shares
Non-derivative common stock purchase on 2026-08-05
Purchase price
$35.3712 per share
Price paid for the 1,100 common shares
Direct holdings after purchase
56418 shares
Directly owned CNB Financial common stock following the transaction
Indirect 401K holdings
3718.2200 shares
Common stock held indirectly via 401K Plan after adjustment
Net shares bought
1100 shares
Net buy activity in this Form 4, per transaction summary
Key Terms
beneficially owned, 401K Plan, indirect ownership
3 terms
beneficially owned financial
"The amount of securities beneficially owned have been adjusted"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
401K Plan financial
"Indirect ownership reported as "By 401K Plan" in common stock holdings"
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.
indirect ownership financial
"Indirect ownership recorded as common stock held "By 401K Plan""
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What are Michael D. Peduzzi’s total direct CNB Financial (CCNE) holdings now?
After the reported transaction, Michael D. Peduzzi directly holds 56,418 shares of CNB Financial common stock. This figure reflects his direct ownership position following the 1,100-share purchase.
What does the Form 4 say about beneficial ownership for CNB Financial (CCNE)?
A footnote states that the amount of securities beneficially owned has been adjusted to reflect the latest 401K plan statement. This affects the reported indirect holdings through the 401K Plan entry.