CNB Financial (CCNE) officer logs stock award and tax-share surrender
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
CNB Financial Corporation executive Griffith Martin T., SEVP/Chief Revenue Officer, reported equity-related transactions in company securities. On January 30, 2026, he acquired 3,610 shares of common stock at $27.70 per share and beneficially owned 15,947 common shares directly afterward.
On the same date, 958 common shares were surrendered at $27.70 per share to the issuer to cover tax withholding tied to a restricted stock award. He also beneficially owned 4,928.544 common shares indirectly through a 401(k) plan and held 3,637 depositary shares, each representing a 1/40th interest in a share of the issuer’s Series A preferred stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
Griffith Martin T.
Role
SEVP/Chief Revenue Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 3,610 | $27.70 | $100K |
| Tax Withholding | Common Stock | 958 | $27.70 | $27K |
| holding | Common Stock | -- | -- | -- |
| holding | Depositary Shares | -- | -- | -- |
Holdings After Transaction:
Common Stock — 16,905 shares (Direct);
Common Stock — 4,928.544 shares (Indirect, By 401K Plan);
Depositary Shares — 3,637 shares (Direct)
Footnotes (1)
- Reflects shares of common stock surrendered to the Issuer to satisfy tax withholding obligations in connection with the Restricted Stock Award. The amount of securities beneficially owned have been adjusted to reflect the latest 401K plan statement. 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 insider transactions did CCNE executive Griffith Martin T. report?
Griffith Martin T. reported acquiring 3,610 CCNE common shares at $27.70 on January 30, 2026. He also reported 958 shares surrendered at $27.70 to satisfy tax withholding related to a restricted stock award, alongside updated holdings in common and depositary shares.
What is the nature of Griffith Martin T.’s indirect ownership in CCNE stock?
His indirect ownership consists of 4,928.544 CCNE common shares held by a 401(k) plan, according to the latest plan statement. This represents retirement-plan holdings rather than directly held stock certificates in his personal brokerage or individual account.
What role does Griffith Martin T. hold at CNB Financial (CCNE)?
Griffith Martin T. serves as Senior Executive Vice President and Chief Revenue Officer of CNB Financial Corporation. The Form 4 confirms he is an officer of the company and not reported as a director or 10% beneficial owner in this filing.