[Form 4] CNB Financial Corp/PA Insider Trading Activity
Jeffrey S. Powell, a director of CNB Financial Corp (CCNE), reported two purchases of common stock: 480 shares at $22.57 on 08/11/2025 and 1,245 shares at $23.36 on 08/12/2025. The Form 4 shows his reported direct beneficial ownership was 134,859 shares after the first reported purchase and 136,104 shares after the second.
Powell also reports 4,000 shares held indirectly and 41,327.128 phantom shares, which the filing describes as the economic equivalent of common stock payable upon termination of service. The Form 4 was executed by an attorney-in-fact as indicated in the filing.
Jeffrey S. Powell, direttore di CNB Financial Corp (CCNE), ha segnalato due acquisti di azioni ordinarie: 480 azioni a $22.57 l'una in data 08/11/2025 e 1,245 azioni a $23.36 in data 08/12/2025. Il Form 4 indica che la sua propriet脿 diretta riportata era di 134,859 azioni dopo il primo acquisto e di 136,104 azioni dopo il secondo.
Powell segnala inoltre 4,000 azioni detenute indirettamente e 41,327.128 azioni "phantom", descritte nel deposito come l'equivalente economico delle azioni ordinarie pagabile alla cessazione del servizio. Il Form 4 猫 stato eseguito da un procuratore (attorney-in-fact), come indicato nel deposito.
Jeffrey S. Powell, miembro del directorio de CNB Financial Corp (CCNE), inform贸 dos compras de acciones comunes: 480 acciones a $22.57 el 08/11/2025 y 1,245 acciones a $23.36 el 08/12/2025. El Form 4 muestra que su propiedad directa declarada fue de 134,859 acciones tras la primera compra y de 136,104 acciones tras la segunda.
Powell tambi茅n declara 4,000 acciones en tenencia indirecta y 41,327.128 acciones "phantom", que la presentaci贸n describe como el equivalente econ贸mico de las acciones comunes pagadero al cese del servicio. El Form 4 fue firmado por un apoderado (attorney-in-fact), seg煤n consta en la presentaci贸n.
Jeffrey S. Powell電� CNB Financial Corp (CCNE)鞚� 鞚挫偓搿滌劀 氤错喌欤茧ゼ 霊� 彀 毵れ垬頄堧嫟瓿� 氤搓碃頄堨姷雼堧嫟: 2025-08-11鞐� 欤茧嫻 $22.57鞐� 480欤茧ゼ, 2025-08-12鞐� 欤茧嫻 $23.36鞐� 1,245欤茧ゼ 毵れ垬頄堨姷雼堧嫟. Form 4鞐愲姅 觳� 毵れ垬 鞚错泟 攴胳潣 氤搓碃霅� 歆侅爲鞝� 氤挫湢臧� 134,859欤�, 霊� 氩堨Ц 鞚错泟 136,104欤茧 旮办灛霅橃柎 鞛堨姷雼堧嫟.
Powell鞚� 霕愴暅 4,000欤茧ゼ 臧勳爲 氤挫湢頃橁碃 鞛堨溂氅�, 靹滊箘鞀� 膦呺 鞁� 歆�旮夒悩電� 氤错喌欤检潣 瓴届牅鞝� 霌标皜氍茧 靹る獏霅� 41,327.128臧滌潣 韺厐 欤检嫕鞚� 氤挫湢頃橁碃 鞛堧嫟瓿� 氤搓碃頄堨姷雼堧嫟. Form 4電� 鞝滌稖靹滊鞐� 氇呾嫓霅� 雽�毽澑(attorney-in-fact)鞐� 鞚橅暣 鞁ろ枆霅橃棃鞀惦媹雼�.
Jeffrey S. Powell, administrateur de CNB Financial Corp (CCNE), a d茅clar茅 deux achats d'actions ordinaires : 480 actions 脿 $22.57 le 08/11/2025 et 1,245 actions 脿 $23.36 le 08/12/2025. Le Form 4 indique que sa participation directe d茅clar茅e 茅tait de 134,859 actions apr猫s le premier achat et de 136,104 actions apr猫s le second.
Powell d茅clare 茅galement 4,000 actions d茅tenues indirectement et 41,327.128 actions fant么mes, que le d茅p么t d茅crit comme l'茅quivalent 茅conomique d'actions ordinaires payable 脿 la cessation du service. Le Form 4 a 茅t茅 sign茅 par un mandataire (attorney-in-fact), comme indiqu茅 dans le d茅p么t.
Jeffrey S. Powell, Direktor von CNB Financial Corp (CCNE), meldete zwei K盲ufe von Stammaktien: 480 Aktien zu $22.57 am 08/11/2025 und 1,245 Aktien zu $23.36 am 08/12/2025. Im Form 4 ist sein gemeldeter direkter Besitz mit 134,859 Aktien nach dem ersten Kauf und 136,104 Aktien nach dem zweiten angegeben.
Powell gibt au脽erdem 4,000 indirekt gehaltene Aktien sowie 41,327.128 Phantomaktien an, die in der Einreichung als wirtschaftliches 脛quivalent von Stammaktien beschrieben werden und bei Beendigung des Dienstverh盲ltnisses zahlbar sind. Das Form 4 wurde, wie in der Einreichung vermerkt, von einem Bevollm盲chtigten (attorney-in-fact) unterzeichnet.
- Director purchases reported: Jeffrey S. Powell acquired 480 shares at $22.57 and 1,245 shares at $23.36, increasing direct holdings to 136,104 shares.
- Significant phantom-stock position: The filing shows 41,327.128 phantom shares, which are economically equivalent to common stock and link Powell's compensation to long-term company value.
- None.
Insights
TL;DR: Director made modest open-market purchases; holdings rose to 136,104 shares and include a large phantom-stock position.
The reported transactions are straightforward purchases: 480 shares at $22.57 and 1,245 shares at $23.36. These moves increased reported direct beneficial ownership to 136,104 shares. From a market-impact perspective, the absolute sizes are modest and do not by themselves indicate a material shift in ownership or control. The substantial phantom-stock balance of 41,327.128 units represents a meaningful deferred economic interest that ties long-term compensation to company performance.
TL;DR: Form 4 discloses insider purchases and a significant phantom-stock award; governance alignment is present but the purchases are routine.
The filing identifies Powell as a director and discloses both direct and indirect holdings plus a large phantom-stock allocation payable on termination. Phantom stock aligns executive interests with shareholders because it tracks economic value of common shares, though payout timing depends on termination. The form was submitted via attorney-in-fact, which is a common administrative practice. Overall, disclosures are complete and consistent with required Section 16 reporting.
Jeffrey S. Powell, direttore di CNB Financial Corp (CCNE), ha segnalato due acquisti di azioni ordinarie: 480 azioni a $22.57 l'una in data 08/11/2025 e 1,245 azioni a $23.36 in data 08/12/2025. Il Form 4 indica che la sua propriet脿 diretta riportata era di 134,859 azioni dopo il primo acquisto e di 136,104 azioni dopo il secondo.
Powell segnala inoltre 4,000 azioni detenute indirettamente e 41,327.128 azioni "phantom", descritte nel deposito come l'equivalente economico delle azioni ordinarie pagabile alla cessazione del servizio. Il Form 4 猫 stato eseguito da un procuratore (attorney-in-fact), come indicato nel deposito.
Jeffrey S. Powell, miembro del directorio de CNB Financial Corp (CCNE), inform贸 dos compras de acciones comunes: 480 acciones a $22.57 el 08/11/2025 y 1,245 acciones a $23.36 el 08/12/2025. El Form 4 muestra que su propiedad directa declarada fue de 134,859 acciones tras la primera compra y de 136,104 acciones tras la segunda.
Powell tambi茅n declara 4,000 acciones en tenencia indirecta y 41,327.128 acciones "phantom", que la presentaci贸n describe como el equivalente econ贸mico de las acciones comunes pagadero al cese del servicio. El Form 4 fue firmado por un apoderado (attorney-in-fact), seg煤n consta en la presentaci贸n.
Jeffrey S. Powell電� CNB Financial Corp (CCNE)鞚� 鞚挫偓搿滌劀 氤错喌欤茧ゼ 霊� 彀 毵れ垬頄堧嫟瓿� 氤搓碃頄堨姷雼堧嫟: 2025-08-11鞐� 欤茧嫻 $22.57鞐� 480欤茧ゼ, 2025-08-12鞐� 欤茧嫻 $23.36鞐� 1,245欤茧ゼ 毵れ垬頄堨姷雼堧嫟. Form 4鞐愲姅 觳� 毵れ垬 鞚错泟 攴胳潣 氤搓碃霅� 歆侅爲鞝� 氤挫湢臧� 134,859欤�, 霊� 氩堨Ц 鞚错泟 136,104欤茧 旮办灛霅橃柎 鞛堨姷雼堧嫟.
Powell鞚� 霕愴暅 4,000欤茧ゼ 臧勳爲 氤挫湢頃橁碃 鞛堨溂氅�, 靹滊箘鞀� 膦呺 鞁� 歆�旮夒悩電� 氤错喌欤检潣 瓴届牅鞝� 霌标皜氍茧 靹る獏霅� 41,327.128臧滌潣 韺厐 欤检嫕鞚� 氤挫湢頃橁碃 鞛堧嫟瓿� 氤搓碃頄堨姷雼堧嫟. Form 4電� 鞝滌稖靹滊鞐� 氇呾嫓霅� 雽�毽澑(attorney-in-fact)鞐� 鞚橅暣 鞁ろ枆霅橃棃鞀惦媹雼�.
Jeffrey S. Powell, administrateur de CNB Financial Corp (CCNE), a d茅clar茅 deux achats d'actions ordinaires : 480 actions 脿 $22.57 le 08/11/2025 et 1,245 actions 脿 $23.36 le 08/12/2025. Le Form 4 indique que sa participation directe d茅clar茅e 茅tait de 134,859 actions apr猫s le premier achat et de 136,104 actions apr猫s le second.
Powell d茅clare 茅galement 4,000 actions d茅tenues indirectement et 41,327.128 actions fant么mes, que le d茅p么t d茅crit comme l'茅quivalent 茅conomique d'actions ordinaires payable 脿 la cessation du service. Le Form 4 a 茅t茅 sign茅 par un mandataire (attorney-in-fact), comme indiqu茅 dans le d茅p么t.
Jeffrey S. Powell, Direktor von CNB Financial Corp (CCNE), meldete zwei K盲ufe von Stammaktien: 480 Aktien zu $22.57 am 08/11/2025 und 1,245 Aktien zu $23.36 am 08/12/2025. Im Form 4 ist sein gemeldeter direkter Besitz mit 134,859 Aktien nach dem ersten Kauf und 136,104 Aktien nach dem zweiten angegeben.
Powell gibt au脽erdem 4,000 indirekt gehaltene Aktien sowie 41,327.128 Phantomaktien an, die in der Einreichung als wirtschaftliches 脛quivalent von Stammaktien beschrieben werden und bei Beendigung des Dienstverh盲ltnisses zahlbar sind. Das Form 4 wurde, wie in der Einreichung vermerkt, von einem Bevollm盲chtigten (attorney-in-fact) unterzeichnet.
FAQ
What insider transactions did Jeffrey S. Powell report for CCNE?
How many CCNE shares does Powell beneficially own after these transactions?
Does Powell hold indirect or derivative interests in CCNE?
Was the Form 4 signed by the reporting person?
What does 'phantom stock' mean in this filing?
