[Form 4] ESSA Bancorp, Inc. Insider Trading Activity
Insider Trade Summary
Net Seller: 136,927 shares
Net Sell
6 txns
Insider
Olson Gary S
Role
President and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Disposition | Common Stock | 74,079 | $0.00 | $0.00 |
| Disposition | Common Stock | 43,305 | $0.00 | $0.00 |
| Disposition | Common Stock | 130 | $0.00 | $0.00 |
| Disposition | Common Stock | 136 | $0.00 | $0.00 |
| Disposition | Common Stock | 15,120 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 4,157 | $20.32 | $84K |
Holdings After Transaction:
Common Stock — 0 shares (Direct);
Common Stock — 0 shares (Indirect, By 401(k));
Common Stock — 0 shares (Indirect, By spouse's IRA 1);
Common Stock — 0 shares (Indirect, By spouse's IRA 2);
Common Stock — 0 shares (Indirect, By ESOP)
Footnotes (2)
- F1. Pursuant to the Agreement and Plan of Merger, dated as of January 9, 2025 (the "Merger Agreement"), between the Issuer and CNB Financial Corporation, each restricted stock award outstanding immediately prior to the effective time of the merger fully vested, and such awards will be exchanged for the merger consideration at the effective time of the merger (as defined in the Merger Agreement).
- F2. Pursuant to the Agreement and Plan of Merger, dated as of January 9, 2025, between the Issuer and CNB Financial Corporation, each issued and outstanding share of Issuer common stock was converted into the right to receive 0.8547 shares of CNB Financial Corporation common stock (subject to the payment of cash in lieu of fractional shares).
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