CNB Financial EVP reports small 401k share sale
CNB Financial Corp. executive Robin Mink reported a small share sale and updated holdings.
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Form Type
4
Rhea-AI Filing Summary
CNB Financial Corp. executive Robin Mink reported a small share sale and updated holdings. On June 4, 2026, Mink sold 103.568 shares of CNB Financial common stock at $30.53 per share through a 401k plan account, leaving 3,346.7900 shares held indirectly by the 401k plan. A separate holding entry shows 6,753.4800 shares of common stock held directly, described as accumulated year-to-date 2026 through the Dividend Reinvestment Plan and reflecting the latest 401k plan statement.
Insider Trade Summary
Net Seller: 103.568 shares
Net Sell
2 txns
Insider
Mink Robin
Role
EVP/Chief TM Officer
Sold
103.568 shs ($3K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 103.568 | $30.53 | $3K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 3,346.79 shares (Indirect, by 401k Plan);
Common Stock — 6,753.48 shares (Direct)
Footnotes (2)
- F1. Accumulated shares through the Dividend Reinvestment Plan YTD 2026
- F2. The amount of securities beneficially owned have been adjusted to reflect the latest 401K plan statement.
Key Figures
Shares sold: 103.568 shares
Sale price per share: $30.53 per share
Indirect holdings after sale: 3,346.7900 shares
+2 more
5 metrics
Shares sold
103.568 shares
Open-market or private sale on June 4, 2026
Sale price per share
$30.53 per share
Common Stock sale via 401k plan
Indirect holdings after sale
3,346.7900 shares
Common Stock held by 401k Plan after transaction
Direct holdings
6,753.4800 shares
Common Stock accumulated YTD 2026 via Dividend Reinvestment Plan
Net shares sold
103.568 shares
Net-sell direction across reported transactions
Key Terms
Dividend Reinvestment Plan, 401k Plan, beneficially owned, open-market sale
4 terms
Dividend Reinvestment Plan financial
"Accumulated shares through the Dividend Reinvestment Plan YTD 2026"
A dividend reinvestment plan lets shareholders automatically use cash dividends to buy more shares of the same company instead of receiving the money. It matters to investors because it turns regular payouts into a steady way to grow ownership and take advantage of compound returns—like having your savings automatically buy additional slices of a pie over time—while often reducing transaction costs and smoothing purchase timing.
401k Plan financial
"The amount of securities beneficially owned have been adjusted to reflect the latest 401K plan statement."
A 401(k) plan is an employer-sponsored retirement savings account that lets workers set aside part of their paycheck into investments, often with tax breaks and sometimes with matching contributions from the employer. Think of it as a workplace piggy bank that grows through employee contributions, optional company top-ups, and market returns; it matters to investors because it shapes household retirement security, drives large flows of money into public markets, and affects a company’s compensation costs and ability to attract and keep talent.
beneficially owned financial
"The amount of securities beneficially owned have been adjusted to reflect the latest 401K plan statement."
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did CNB Financial (CCNE) report for Robin Mink?
CNB Financial reported that EVP and Chief TM Officer Robin Mink sold 103.568 shares of common stock on June 4, 2026 at $30.53 per share through a 401k plan, and updated both direct and 401k-related holdings in the same filing.
What are Robin Mink’s CNB Financial (CCNE) holdings after the reported Form 4 transactions?
After the reported activity, Robin Mink holds 6,753.4800 CNB Financial common shares directly and 3,346.7900 shares indirectly through a 401k plan. These figures reflect updated balances from year-to-date Dividend Reinvestment Plan accumulations and the latest 401k plan statement.
What does the Dividend Reinvestment Plan note mean in Robin Mink’s CNB Financial (CCNE) filing?
A footnote explains that 6,753.4800 shares were accumulated through the Dividend Reinvestment Plan year-to-date 2026. This indicates dividends on existing CNB Financial shares were reinvested to purchase additional shares, increasing Mink’s direct holdings over time.
Is Robin Mink’s CNB Financial (CCNE) Form 4 mainly a sale or a holdings update?
The Form 4 combines both a small open-market sale and holdings updates. It shows a 103.568-share sale via a 401k plan and adjusts the reported totals to reflect year-to-date Dividend Reinvestment Plan accumulations and the latest 401k plan statement balances.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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