ESSA Bancorp, Inc. filings document the completed transition of the former bank holding company into CNB Financial Corporation. The record includes an 8-K reporting completion of the merger of ESSA into CNB and the related merger of ESSA Bank and Trust into CNB Bank, including common-stock conversion and equity-award treatment.
Subsequent exchange and Exchange Act filings cover removal of ESSA common stock from Nasdaq listing and registration and the termination or suspension of ESSA's reporting duties. Earlier filing categories addressed material agreements, shareholder voting matters, capital structure, operating results and financial condition for the bank holding company.
FJ Capital Management LLC, Financial Opportunity Fund LLC and individual Martin Friedman disclosed collective ownership of 684,979 shares of ESSA Bancorp common stock, representing 6.75% of the class as of the reporting event on 06/30/2025. The filing shows the reported shares are held by Financial Opportunity Fund LLC, with FJ Capital Management LLC as managing member and Mr. Friedman identified as managing member of FJ Capital. The report indicates shared voting and dispositive power over the shares and no sole voting or dispositive power.
The Schedule 13G/A includes signed certifications dated 07/16/2025 stating the shares were not acquired to change or influence control of the issuer. The filing lists the principal business address for the reporting persons in McLean, Virginia, and provides clear itemized ownership details required under Rule 13d reporting.
Director Tina Q. Richardson has filed a Form 4 for ESSA Bancorp (ESSA) covering a 07/23/2025 disposition of common stock. The filing states that, pursuant to the Agreement and Plan of Merger dated 01/09/2025 between ESSA and CNB Financial Corporation, each ESSA share was converted into 0.8547 CNB Financial common shares (cash will be paid for fractional shares). Because the event is a share-for-share exchange, no transaction price or cash proceeds are reported. After the conversion, Richardson lists 5,585 shares held directly. The change is administrative in nature, reflecting the merger mechanics rather than an open-market trade, and Richardson remains a director.