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CNB Financial (CCNE) risk chief logs indirect stock buy

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

CNB Financial Corporation executive Anna K. Andersen, SVP & Chief Risk Officer, reported an indirect open-market purchase of CNB Financial common stock through her spouse. The transaction on 08/12/2025 involved 42 shares at $23.54 per share.

After this trade, Andersen is reported as beneficially owning 541.95 shares indirectly via her spouse, 3,028.79 shares held directly, and 1,599.456 shares indirectly through a 401(k) plan, with the 401(k) balance updated to match the latest plan statement.

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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*
Andersen Anna K

(Last) (First) (Middle)
31 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)
Director 10% Owner
X Officer (give title below) X Other (specify below)
SVP & Chief Risk Officer Individual
3. Date of Earliest Transaction (Month/Day/Year)
08/12/2025
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 08/12/2025 P V 42 A $23.54 541.95 I Spouse
Common Stock 3,028.79 D
Common Stock 1,599.456(1) I by 401K plan
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:
1. The amount of securities beneficially owned have been adjusted to reflect the latest 401K plan statement.
Remarks:
/s/ Jessica A. Zupich, Attorney-in-Fact 08/14/2025
** 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 insider transaction did CCNE executive Anna K. Andersen report on this Form 4?

Anna K. Andersen reported an indirect open-market purchase of 42 shares of CNB Financial common stock at $23.54 per share. The shares are owned through her spouse, and the transaction date was August 12, 2025, according to the filing details.

How many CNB Financial (CCNE) shares does Anna K. Andersen beneficially own after the reported transaction?

After the transaction, Andersen beneficially owns 541.95 shares indirectly via her spouse, 3,028.79 shares directly, and 1,599.456 shares indirectly through a 401(k) plan. These figures reflect updated plan information disclosed in the Form 4 footnote.

At what price were the CNB Financial (CCNE) shares purchased in Anna K. Andersen’s Form 4 filing?

The Form 4 shows an open-market purchase price of $23.54 per share for 42 shares of CNB Financial common stock. This price applies specifically to the indirect transaction attributed to Andersen’s spouse on August 12, 2025.

How is Anna K. Andersen’s ownership in CNB Financial (CCNE) categorized in the Form 4?

The filing reports Andersen’s ownership as both direct and indirect. She holds 3,028.79 shares directly, 541.95 shares indirectly through her spouse, and 1,599.456 shares indirectly via a 401(k) plan, reflecting different forms of beneficial ownership.

What does the 401(k) footnote in Anna K. Andersen’s CNB Financial (CCNE) Form 4 explain?

The footnote explains that the amount of securities beneficially owned has been adjusted to reflect the latest 401(k) plan statement. This clarifies that the 1,599.456 shares shown are based on the most recent retirement plan account information.
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