Director Julie M. Young boosts CNB Financial (CCNE) stake with 1,805 DRIP shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
CNB Financial Corp director Julie M. Young reported an automatic acquisition of 1,805 shares of common stock on January 30, 2026 at a price of $27.70 per share. These shares were accumulated through the company’s Dividend Reinvestment Plan in 2025, which reinvests dividends into additional stock.
Following this transaction, Young beneficially owned 11,504.89 common shares held directly. She also directly held 600 depositary shares, each representing a 1/40th interest in CNB Financial’s 7.125% Series A fixed-rate non-cumulative perpetual preferred stock, originally purchased in an underwritten public offering.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Young Julie M.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,805 | $27.70 | $50K |
| holding | Depositary Shares | -- | -- | -- |
Holdings After Transaction:
Common Stock — 11,504.89 shares (Direct);
Depositary Shares — 600 shares (Direct)
Footnotes (1)
- Accumulated shares through the Dividend Reinvestment Plan in 2025 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 did CNB Financial (CCNE) director Julie M. Young report on this Form 4?
Julie M. Young reported an automatic acquisition of CNB Financial common stock. On January 30, 2026, she acquired 1,805 common shares at $27.70 per share through the company’s Dividend Reinvestment Plan, increasing her directly held beneficial ownership to 11,504.89 common shares.
Is this CNB Financial (CCNE) Form 4 transaction a purchase on the open market?
The reported 1,805-share acquisition is from a Dividend Reinvestment Plan, not a regular open-market trade. Dividends paid on existing holdings were automatically reinvested to acquire additional common shares, which are then reported as an acquisition on the Form 4.
Does the CNB Financial (CCNE) Form 4 indicate indirect ownership or special entities?
The reported common and depositary shares are shown as directly owned by Julie M. Young. The filing does not attribute the holdings to a trust, LLC, or other entity, and there are no footnotes disclaiming voting or investment power over these securities.