CCNE EVP granted stock, surrenders shares for taxes
CNB Financial Corp EVP Angela D. Wilcoxson reported a stock award and related tax share surrender.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
CNB Financial Corp EVP Angela D. Wilcoxson reported a stock award and related tax share surrender. She received 1,113 shares of common stock at $27.70 per share under the 2019 Stock Incentive Plan, based on performance over a three-year period. She then surrendered 329 shares to the issuer at $27.70 per share to cover tax withholding on this performance stock award. After these transactions, she holds 10,305.3 shares directly and 3,067.89 shares indirectly through a 401(k) plan.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,113 | $27.70 | $31K |
| Sale | Common Stock | 329 | $27.70 | $9K |
| 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
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did CCNE executive Angela Wilcoxson report in this Form 4 filing?
What are Angela Wilcoxson’s CNB Financial (CCNE) holdings after the transactions?
How was the CNB Financial (CCNE) stock award to Angela Wilcoxson determined?
AI-generated analysis. How Rhea-AI works. Not financial advice.