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[S-8 POS] ESSA Bancorp, Inc. SEC Filing

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
S-8 POS
Rhea-AI Filing Summary

ESSA Bancorp, Inc. filed a post-effective amendment to three Form S-8 registration statements after its 23 Jul 2025 merger into CNB Financial Corporation. With ESSA merged into CNB, the company terminated the offerings under: (1) the 2024 Equity Incentive Plan (200,000 shares), (2) the ESSA Bank & Trust 401(k) Plan (indeterminate interests), and (3) the 2007 Equity Incentive Plan (2,377,326 shares).

The amendment deregisters all ESSA securities that remain unsold. At closing, each outstanding ESSA share converted into 0.8547 shares of CNB common stock; shares held by either company were canceled. CNB, as successor issuer, executed the filing. No new securities are being registered and the document contains no financial performance data.

ESSA Bancorp, Inc. ha presentato un emendamento post-effettivo a tre dichiarazioni di registrazione Modulo S-8 dopo la fusione del 23 luglio 2025 con CNB Financial Corporation. Con l'integrazione di ESSA in CNB, la società ha terminato le offerte relative a: (1) il Piano di Incentivi Azionari 2024 (200.000 azioni), (2) il Piano 401(k) di ESSA Bank & Trust (interessi indeterminati) e (3) il Piano di Incentivi Azionari 2007 (2.377.326 azioni).

L'emendamento ha cancellato la registrazione di tutte le azioni ESSA ancora invendute. Alla chiusura, ogni azione ESSA in circolazione è stata convertita in 0,8547 azioni ordinarie CNB; le azioni detenute da entrambe le società sono state annullate. CNB, in qualità di emittente successore, ha effettuato la presentazione. Non vengono registrati nuovi titoli e il documento non contiene dati sulle performance finanziarie.

ESSA Bancorp, Inc. presentó una enmienda post-efectiva a tres declaraciones de registro Formulario S-8 tras su fusión el 23 de julio de 2025 con CNB Financial Corporation. Con la fusión de ESSA en CNB, la compañía terminó las ofertas bajo: (1) el Plan de Incentivos de Capital 2024 (200,000 acciones), (2) el Plan 401(k) de ESSA Bank & Trust (intereses indeterminados) y (3) el Plan de Incentivos de Capital 2007 (2,377,326 acciones).

La enmienda elimina la registración de todos los valores ESSA que permanecen sin vender. Al cierre, cada acción ESSA en circulación se convirtió en 0.8547 acciones comunes de CNB; las acciones en poder de cualquiera de las compañías fueron canceladas. CNB, como emisor sucesor, realizó la presentación. No se están registrando nuevos valores y el documento no contiene datos de desempeño financiero.

ESSA Bancorp, Inc.는 2025년 7월 23일 CNB Financial Corporation과의 합병 후 세 건의 Form S-8 등록신고서에 대한 사후 효력 변경신고서를 제출했습니다. ESSA가 CNB에 합병됨에 따라 회사는 다음의 공모를 종료했습니다: (1) 2024년 주식 인센티브 플랜(200,000주), (2) ESSA Bank & Trust 401(k) 플랜(불특정 지분), (3) 2007년 주식 인센티브 플랜(2,377,326주).

이번 변경신고서는 판매되지 않은 모든 ESSA 증권의 등록을 말소합니다. 종결 시점에, 모든 ESSA 발행 주식은 CNB 보통주 0.8547주로 전환되었으며 양사 보유 주식은 취소되었습니다. CNB가 후속 발행인으로서 신고를 수행했습니다. 신규 증권 등록은 없으며, 문서에는 재무 성과 데이터가 포함되어 있지 않습니다.

ESSA Bancorp, Inc. a déposé un amendement post-effectif à trois déclarations d'enregistrement Formulaire S-8 suite à sa fusion le 23 juillet 2025 avec CNB Financial Corporation. Avec la fusion d'ESSA dans CNB, la société a mis fin aux offres concernant : (1) le Plan d'Incitation en Actions 2024 (200 000 actions), (2) le Plan 401(k) d'ESSA Bank & Trust (intérêts indéterminés) et (3) le Plan d'Incitation en Actions 2007 (2 377 326 actions).

L'amendement radie tous les titres ESSA non vendus. À la clôture, chaque action ESSA en circulation a été convertie en 0,8547 action ordinaire CNB ; les actions détenues par l'une ou l'autre des sociétés ont été annulées. CNB, en tant qu'émetteur successeur, a effectué le dépôt. Aucun nouveau titre n'est enregistré et le document ne contient pas de données de performance financière.

ESSA Bancorp, Inc. reichte eine nachwirkende Änderung zu drei Form S-8-Registrierungserklärungen ein, nachdem die Fusion mit CNB Financial Corporation am 23. Juli 2025 vollzogen wurde. Mit der Fusion von ESSA in CNB beendete das Unternehmen die Angebote unter: (1) dem Aktienanreizplan 2024 (200.000 Aktien), (2) dem ESSA Bank & Trust 401(k)-Plan (unbestimmte Anteile) und (3) dem Aktienanreizplan 2007 (2.377.326 Aktien).

Die Änderung deregistriert alle noch nicht verkauften ESSA-Wertpapiere. Zum Abschluss wurde jede ausstehende ESSA-Aktie in 0,8547 CNB-Stammaktien umgewandelt; von beiden Unternehmen gehaltene Aktien wurden annulliert. CNB führte als Nachfolgeemittent die Einreichung durch. Es werden keine neuen Wertpapiere registriert und das Dokument enthält keine Finanzleistungsdaten.

Positive
  • Merger consummated: ESSA shareholders received 0.8547 CNB shares per ESSA share, completing previously announced transaction.
Negative
  • None.

Insights

TL;DR: Administrative S-8 cleanup after ESSA9s merger into CNB; no earnings impact, confirms 0.8547 exchange and removes unsold shares.

The filing is routine but important: it formally withdraws approximately 2.6 million unissued ESSA incentive shares plus 401(k) interests, eliminating any residual dilution risk for CNB shareholders. It also affirms that the merger closed on 23 Jul 2025 and restates the fixed 0.8547 CNB-for-ESSA share exchange. Because consideration, ratios and closing date were disclosed earlier, market impact should be muted. Rating: neutral.

ESSA Bancorp, Inc. ha presentato un emendamento post-effettivo a tre dichiarazioni di registrazione Modulo S-8 dopo la fusione del 23 luglio 2025 con CNB Financial Corporation. Con l'integrazione di ESSA in CNB, la società ha terminato le offerte relative a: (1) il Piano di Incentivi Azionari 2024 (200.000 azioni), (2) il Piano 401(k) di ESSA Bank & Trust (interessi indeterminati) e (3) il Piano di Incentivi Azionari 2007 (2.377.326 azioni).

L'emendamento ha cancellato la registrazione di tutte le azioni ESSA ancora invendute. Alla chiusura, ogni azione ESSA in circolazione è stata convertita in 0,8547 azioni ordinarie CNB; le azioni detenute da entrambe le società sono state annullate. CNB, in qualità di emittente successore, ha effettuato la presentazione. Non vengono registrati nuovi titoli e il documento non contiene dati sulle performance finanziarie.

ESSA Bancorp, Inc. presentó una enmienda post-efectiva a tres declaraciones de registro Formulario S-8 tras su fusión el 23 de julio de 2025 con CNB Financial Corporation. Con la fusión de ESSA en CNB, la compañía terminó las ofertas bajo: (1) el Plan de Incentivos de Capital 2024 (200,000 acciones), (2) el Plan 401(k) de ESSA Bank & Trust (intereses indeterminados) y (3) el Plan de Incentivos de Capital 2007 (2,377,326 acciones).

La enmienda elimina la registración de todos los valores ESSA que permanecen sin vender. Al cierre, cada acción ESSA en circulación se convirtió en 0.8547 acciones comunes de CNB; las acciones en poder de cualquiera de las compañías fueron canceladas. CNB, como emisor sucesor, realizó la presentación. No se están registrando nuevos valores y el documento no contiene datos de desempeño financiero.

ESSA Bancorp, Inc.는 2025년 7월 23일 CNB Financial Corporation과의 합병 후 세 건의 Form S-8 등록신고서에 대한 사후 효력 변경신고서를 제출했습니다. ESSA가 CNB에 합병됨에 따라 회사는 다음의 공모를 종료했습니다: (1) 2024년 주식 인센티브 플랜(200,000주), (2) ESSA Bank & Trust 401(k) 플랜(불특정 지분), (3) 2007년 주식 인센티브 플랜(2,377,326주).

이번 변경신고서는 판매되지 않은 모든 ESSA 증권의 등록을 말소합니다. 종결 시점에, 모든 ESSA 발행 주식은 CNB 보통주 0.8547주로 전환되었으며 양사 보유 주식은 취소되었습니다. CNB가 후속 발행인으로서 신고를 수행했습니다. 신규 증권 등록은 없으며, 문서에는 재무 성과 데이터가 포함되어 있지 않습니다.

ESSA Bancorp, Inc. a déposé un amendement post-effectif à trois déclarations d'enregistrement Formulaire S-8 suite à sa fusion le 23 juillet 2025 avec CNB Financial Corporation. Avec la fusion d'ESSA dans CNB, la société a mis fin aux offres concernant : (1) le Plan d'Incitation en Actions 2024 (200 000 actions), (2) le Plan 401(k) d'ESSA Bank & Trust (intérêts indéterminés) et (3) le Plan d'Incitation en Actions 2007 (2 377 326 actions).

L'amendement radie tous les titres ESSA non vendus. À la clôture, chaque action ESSA en circulation a été convertie en 0,8547 action ordinaire CNB ; les actions détenues par l'une ou l'autre des sociétés ont été annulées. CNB, en tant qu'émetteur successeur, a effectué le dépôt. Aucun nouveau titre n'est enregistré et le document ne contient pas de données de performance financière.

ESSA Bancorp, Inc. reichte eine nachwirkende Änderung zu drei Form S-8-Registrierungserklärungen ein, nachdem die Fusion mit CNB Financial Corporation am 23. Juli 2025 vollzogen wurde. Mit der Fusion von ESSA in CNB beendete das Unternehmen die Angebote unter: (1) dem Aktienanreizplan 2024 (200.000 Aktien), (2) dem ESSA Bank & Trust 401(k)-Plan (unbestimmte Anteile) und (3) dem Aktienanreizplan 2007 (2.377.326 Aktien).

Die Änderung deregistriert alle noch nicht verkauften ESSA-Wertpapiere. Zum Abschluss wurde jede ausstehende ESSA-Aktie in 0,8547 CNB-Stammaktien umgewandelt; von beiden Unternehmen gehaltene Aktien wurden annulliert. CNB führte als Nachfolgeemittent die Einreichung durch. Es werden keine neuen Wertpapiere registriert und das Dokument enthält keine Finanzleistungsdaten.

As filed with the Securities and Exchange Commission on July 24, 2025

Registration No. 333-280311

Registration No. 333-163761

Registration No. 333-157524

 

 
 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

Post-Effective Amendment No. 1 to Form S-8 Registration Statement No. 333-280311

Post-Effective Amendment No. 1 to Form S-8 Registration Statement No. 333-163761

Post-Effective Amendment No. 1 to Form S-8 Registration Statement No. 333-157524

UNDER

THE SECURITIES ACT OF 1933

 

 

ESSA Bancorp, Inc.

(Exact name of registrant as specified in its charter)

 

 

 

Pennsylvania
  20-8023072
(State or other jurisdiction of
incorporation or organization)
  (I.R.S. Employer
Identification No.)

200 Palmer Street

Stroudsburg, Pennsylvania

(570) 421-0531

(Address, including zip code, and telephone number,

including area code, of registrant’s principal executive offices)

 

 

ESSA Bancorp, Inc. 2024 Equity Incentive Plan

ESSA Bank & Trust 401(k) Plan

ESSA Bancorp, Inc. 2007 Equity Incentive Plan

(Full titles of the plans)

 

 

CNB Financial Corporation

Attn: Michael D. Peduzzi, President & Chief Executive Officer

1 South Second Street

PO Box 42

Clearfield, Pennsylvania 16830

(814) 765-9621

(Name, address, including zip code, and telephone number,

including area code, of agent for service)

 

 

Copies to:

Richard A. Schaberg

Les B. Reese

Hogan Lovells US LLP

555 13th Street NW

Washington, DC 20004

(202) 637-5600

 

 

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerging growth company. See definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company” and “emerging growth company” in Rule 12b-2 of the Exchange Act.

 

Large accelerated filer      Accelerated filer  
Non-accelerated filer      Smaller reporting company  
     Emerging growth company  

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 7(a)(2)(B) of the Securities Act. ☐

 

 
 


EXPLANATORY STATEMENT – DEREGISTRATION OF SECURITIES

This Post-Effective Amendment (the “Post-Effective Amendment”) relates to the following Registration Statements of ESSA Bancorp, Inc. (the “Company”) on Form S-8 (collectively, the “Registration Statements”).

 

   

Registration Statement No. 333-280311, registering 200,000 shares of common stock, par value $0.01 per share (the “Common Stock”), of the Company under the ESSA Bancorp, Inc. 2024 Equity Incentive Plan;

 

   

Registration Statement No. 333-163761, registering an indeterminate amount of plan interests under the ESSA Bank & Trust 401(k) Plan; and

 

   

Registration Statement No. 333-157524, registering 2,377,326 shares of Common Stock of the Company under the ESSA Bancorp, Inc. 2007 Equity Incentive Plan.

On July 23, 2025 (the “Effective Time”), the Company completed the merger contemplated by the Agreement and Plan of Merger (the “Merger Agreement”), dated as of January 9, 2025, among the Company, CNB Financial Corporation (“CNB”), CNB Bank, CNB’s subsidiary bank (“CNB Bank”), and the Company’s subsidiary bank, ESSA Bank & Trust (“ESSA Bank”). Pursuant to the Merger Agreement, the Company was merged with and into CNB (the “Merger”), with CNB as the surviving entity and, immediately thereafter, ESSA Bank was merged with and into CNB Bank, with CNB Bank as the surviving bank. Upon consummation of the Merger, at the Effective Time, each issued and outstanding share of Common Stock of the Company (other than shares owned by the Company, CNB or any of their respective subsidiaries (which shares were canceled)) was automatically converted into the right to receive 0.8547 shares of CNB common stock.

As a result of the Merger, the Company has terminated any and all offerings of its securities pursuant to the Registration Statements. Accordingly, the Company hereby terminates the effectiveness of the Registration Statements and, in accordance with any undertaking made by the Company in the Registration Statements to remove from registration, by means of a post-effective amendment, any and all securities that had been registered for issuance but remain unsold at the termination of the offering, removes from registration any and all securities of the Company that were registered under the Registration Statements and remain unsold at the termination of the offerings. Each of the Registration Statements is hereby amended, as appropriate, to reflect the deregistration of such securities.


SIGNATURES

Pursuant to the requirements of the Securities Act of 1933, as amended, the registrant certifies that it has reasonable grounds to believe that it meets all of the requirements for filing on Form S-8 and has duly caused this Post-Effective Amendment to the Registration Statements on Form S-8 to be signed on its behalf by the undersigned, thereunto duly authorized in the City of Clearfield, Commonwealth of Pennsylvania on July 24, 2025.

 

CNB FINANCIAL CORPORATION

as successor by merger to ESSA Bancorp, Inc.

By:   /s/ Michael D. Peduzzi
Name:   Michael D. Peduzzi
Title:   President and Chief Executive Officer

Note: No other person is required to sign this Post-Effective Amendment to the Registration Statements on Form S-8 in reliance upon Rule 478 under the Securities Act of 1933, as amended.

FAQ

What happens to ESSA Bancorp9s S-8 registration statements?

They are terminated; all unsold securities are deregistered through this post-effective amendment.

What conversion ratio did ESSA shareholders receive in the CNB merger?

Each ESSA share converted into 0.8547 shares of CNB Financial common stock.

How many ESSA incentive plan shares are being deregistered?

200,000 shares from the 2024 plan and 2,377,326 shares from the 2007 plan are removed from registration.

Does the filing impact CNB Financial9s outstanding share count?

Only indirectly; it prevents the future issuance of ESSA shares, limiting potential dilution for CNB holders.

When did the ESSA–CNB merger close?

The merger became effective on July 23, 2025.

Are any new securities being registered through this amendment?

No; the amendment solely deregisters previously registered but unsold securities.
Essa Banc

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