Director Jeffrey S. Powell filed a Form 4 with the SEC on November 13, 2026, disclosing a purchase of CNB Financial Corp/PA common stock on November 12, 2026, on NASDAQ:CCNE.

Key Highlights

  • Purchase transaction: Powell acquired 560 shares of common stock on November 12, 2026, at a price of $35.66 per share.
  • Direct holdings after transaction: Powell directly owns 139,618 shares of common stock following the reported transaction.
  • Indirect holdings: Powell also holds 4,000 shares indirectly through an account identified as "JJ Powell."
  • Phantom stock position: Powell holds 41,806.2 phantom stock units directly, each described as the economic equivalent of one share of common stock, payable upon termination of service.
  • Role: Powell is identified in the filing as a Director of CNB Financial Corp/PA.

Director Powell's November 2026 Open-Market Purchase of CNB Financial Shares

According to the Form 4 filed on November 13, 2026, Jeffrey S. Powell, a Director of CNB Financial Corp/PA (NASDAQ:CCNE), purchased 560 shares of the company's common stock on November 12, 2026. The filing records the transaction code as "P," indicating an open-market purchase, with an execution price of $35.66 per share. The filing also carries a "V" notation in the transaction table.

Following the reported purchase, Powell's direct beneficial ownership in CNB Financial common stock stands at 139,618 shares, according to the filing. In addition to those directly held shares, Powell holds 4,000 shares indirectly through an account identified as "JJ Powell." The filing does not provide further detail on the nature of that indirect holding beyond the account name.

The filing also discloses a derivative security position. Powell holds 41,806.2 units of phantom stock directly. The filing states that "each share of phantom stock is the economic equivalent of one share of common stock" and that "the phantom shares become payable upon termination of service." No transaction in the phantom stock units was reported in this filing. The Form 4 was signed by Jessica A. Zupich as Attorney-in-Fact on November 13, 2026.

What Was Disclosed

Director Jeffrey S. Powell reported a purchase of 560 CNB Financial Corp/PA common shares at $35.66 on November 12, 2026, bringing his direct holdings to 139,618 shares. The filing also disclosed 4,000 indirectly held shares and 41,806.2 phantom stock units.