CCNE Form 4: Director Gary S. Olson Acquires 1,570 Shares at $22.28

Rhea-AI Filing Summary

Form 4 — CNB Financial Corp/PA (CCNE)

Reporting person Olson, Gary S. (Director) reported an acquisition on 08/06/2025 of 1,570 shares of Common Stock at $22.28 per share. The filing shows 77,808 shares beneficially owned following the transaction (direct). Additional indirect holdings disclosed: 37,012 (401(k)), 111 (spouse's IRA 1), and 116 (spouse's IRA 2). Form signed by attorney-in-fact Jessica A. Zupich on 08/07/2025.

Positive

• Director purchase disclosed: Acquisition of 1,570 common shares on 08/06/2025 at $22.28 per share.
• Increased direct holdings: Direct beneficial ownership reported at 77,808 shares following the transaction.
• Complete disclosure of indirect holdings: 37,012 (401(k)), 111 (spouse's IRA 1), 116 (spouse's IRA 2) are listed.
• Timely signature: Form signed by attorney-in-fact Jessica A. Zupich on 08/07/2025.

Negative

• None.

Insights

Financial Analyst

TL;DR: Director Gary S. Olson purchased 1,570 CCNE shares on 08/06/2025 at $22.28, raising his direct stake to 77,808 shares.

This insider acquisition is a clear, reported purchase recorded on a Form 4. The transaction size (1,570 shares) and reported price ($22.28) are explicit. For investors, insider purchases can signal confidence, but this analysis is limited to the disclosed facts: transaction date, share count, price, and post-transaction direct and indirect holdings.

Corporate Governance Expert

TL;DR: The Form 4 filing documents a routine director purchase and proper disclosure by attorney-in-fact on 08/07/2025.

From a governance and compliance perspective, the filing includes required elements: reporting person details, relationship (Director), transaction date, amount, price, and signature. No derivatives or amendments are reported. The document demonstrates timely disclosure procedures as presented.

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

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

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)
08/06/2025

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	08/06/2025		A	V	1,570	A	$22.28	77,808	D
Common Stock								37,012	I	By 401(k)
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:

Remarks:

	/s/ Jessica A. Zupich, Attorney-in-Fact	08/07/2025
	** 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 did Gary S. Olson report on the CCNE Form 4?

He reported an acquisition of 1,570 shares of CNB Financial (CCNE) common stock on 08/06/2025 at $22.28 per share.

How many CCNE shares does Gary S. Olson beneficially own after the transaction?

The Form 4 shows 77,808 shares beneficially owned following the reported transaction (direct ownership).

Are there any indirect holdings disclosed for Olson on this Form 4?

Yes. Indirect holdings disclosed are 37,012 shares (401(k)), 111 shares (spouse's IRA 1), and 116 shares (spouse's IRA 2).

When was the Form 4 signed and who signed it?

The form is signed by attorney-in-fact Jessica A. Zupich on 08/07/2025.

Was this Form 4 filed by one reporting person or multiple?

The filing indicates it was a Form filed by One Reporting Person.