CNB FINANCIAL CORP/PA (CCNEP)

AI-Powered SEC Filing Analysis

Quarterly Report Filed: 2026-05-06

Key Insights

  • The filing shows Q1 2026 results for CNB Financial with data covering the period ending March 31, 2026, indicating the company continues operations post-ESSA acquisition completed on July 23, 2025.
  • The presence of multiple loan portfolio segments (syndicated loans, commercial & industrial, residential mortgages, agricultural loans) and security holdings suggests a diversified banking model with exposure across multiple asset classes.
  • The filing includes pro forma financial data related to the ESSA acquisition, suggesting integration activities are ongoing with need to track combined entity performance and synergy realization against acquisition projections.
Insider Trading Filed: 2026-05-01

Key Insights

  • Director Deborah Dick Pontzer sold 244 shares on 04/30/2026 at $30.55 per share, generating approximately $7,454 in proceeds, representing a modest reduction in direct holdings from dividend reinvestment.
  • Following the sale, Pontzer maintains substantial beneficial ownership of 41,051.18 shares directly plus 5,100 shares indirectly through spouse, demonstrating continued significant alignment with shareholder interests.
  • Pontzer holds 766.465 phantom stock units that vest upon termination of service, providing deferred compensation incentive; the sale appears routine related to Q1 2026 dividend reinvestment rather than a signal of confidence loss.
  • The transaction is routine in nature, involving a modest share count reduction by a director who maintains meaningful ownership stakes, with no indication of material concern regarding company prospects.
Insider Trading Filed: 2026-04-28

Key Insights

  • SVP Carla M. Higgins sold 1,300 shares at $30.45 on April 27, 2026, reducing direct holdings to 2,538 shares, indicating routine portfolio rebalancing rather than aggressive insider selling.
  • The sale was executed through a dividend reinvestment plan adjustment in Q1 2026, suggesting the transaction was part of systematic dividend reinvestment mechanics rather than a discretionary exit decision.
  • Higgins maintains significant beneficial ownership of 2,302.47 shares indirectly through a 401K plan, demonstrating continued confidence in the company despite the modest stock sale.
  • The transaction represents less than 1% of reported holdings and occurred at a stock price of $30.45, which shows measured insider activity without major changes to executive stake in the company.
Insider Trading Filed: 2026-04-27

Key Insights

  • President & CEO Michael D. Peduzzi purchased 1,000 shares of CCNE at $30.35 on 04/24/2026, demonstrating insider confidence in the company's valuation and future prospects.
  • Following the transaction, Peduzzi's direct beneficial ownership increased to 55,318 shares, with an additional 2,996.47 shares held indirectly through a 401K plan, representing substantial personal investment alignment with shareholders.
  • This open market purchase by top leadership during normal trading activity (not part of a Rule 10b5-1 plan) suggests organic conviction in the company rather than pre-planned systematic buying.
Current Report Filed: 2026-04-22

Key Insights

  • All six director nominees were elected with strong support, with Class 1 directors receiving 94-98% approval rates, indicating robust shareholder confidence in current board leadership and governance.
  • Shareholders overwhelmingly approved executive compensation on an advisory basis with 98.4% voting in favor, and voted to maintain annual frequency for future compensation votes, demonstrating alignment between management and shareholders.
  • Forvis Mazars, LLP was ratified as independent auditor with 98.8% shareholder approval and minimal opposition (44,031 against votes), reflecting high confidence in the company's financial reporting and audit quality.
Current Report Filed: 2026-04-14

Key Insights

  • CNB Financial Corporation has declared a quarterly cash dividend of $17.8125 per share of its 7.125% Series A Fixed-Rate Non-Cumulative Perpetual Preferred Stock, which will be paid to holders of record as of May 15, 2026.
  • The dividend payment will result in a quarterly distribution of $0.4453125 per depositary share, each representing a 1/40th interest in the Series A Preferred Stock.
  • This dividend payment demonstrates the company's ongoing commitment to returning capital to its preferred shareholders.
Insider Trading Filed: 2026-03-16

Key Insights

  • The reporting person, Nicholas N. Scott Jr., acquired 375 shares of the issuer's common stock at $27.05 per share, increasing his direct beneficial ownership to 38,269 shares.
  • The reporting person also disposed of 2,000 depositary shares, each representing a 1/40th interest in the issuer's 7.125% Series A Fixed-Rate Non-Cumulative Perpetual Preferred Stock.
  • The share acquisition appears to be a routine transaction through the issuer's Dividend Reinvestment Plan, suggesting the reporting person is maintaining their position in the company.
Annual Report Filed: 2026-03-11

Key Insights

  • The company appears to have experienced growth in its loan portfolio, particularly in syndicated loans and other loan categories.
  • The company has reported changes in its shareholders' equity, including fluctuations in retained earnings, treasury stock, and accumulated other comprehensive income.
  • The filing includes details on the company's premises and equipment, as well as information on its core deposit relationships with FCBancCorp and Lake National Bank.
Insider Trading Filed: 2026-02-23

Key Insights

  • The reporting person, Steven R. Shilling, acquired 1,113 shares of CNB Financial Corp/PA common stock through a stock incentive plan, indicating potential confidence in the company's performance.
  • The reporting person also sold 313 shares to cover tax withholding obligations, which is a common practice for executive compensation.
  • The reporting person holds a significant indirect beneficial ownership of 4,357.3 shares through a 401(k) plan, suggesting long-term investment in the company.
Insider Trading Filed: 2026-02-23

Key Insights

  • The reporting person, Michael D. Peduzzi, acquired 4,015 shares of the issuer's common stock through a stock incentive plan, increasing his direct beneficial ownership to 54,318 shares.
  • Peduzzi also holds an additional 2,975.66 shares indirectly through the issuer's 401(k) plan, indicating his commitment to the company.
  • The acquisition of shares under the stock incentive plan suggests the company's focus on incentivizing and aligning the interests of its executive leadership with shareholders.
Insider Trading Filed: 2026-02-23

Key Insights

  • The reporting person, Tito L. Lima, acquired 1,485 shares of CNB Financial Corp/PA (CCNE) common stock, increasing their direct ownership to 27,423.24 shares.
  • Tito L. Lima also has indirect ownership of 899.878 shares through their spouse and 3,931.406 shares through a 401K plan.
  • The shares were acquired pursuant to the CNB Financial Corporation 2019 Stock Incentive Plan, which allows for the conversion of performance units into common stock based on the company's performance.
Insider Trading Filed: 2026-02-23

Key Insights

  • Leanne D. Kassab, the SEVP/Chief Experience Officer, acquired 1,485 shares of CNB Financial Corp/PA common stock at $27.7 per share, increasing her direct ownership to 22,352 shares.
  • In addition to the common stock, Kassab also owned 728 shares of common stock indirectly through her spouse and 8,745.319 shares through the company's 401K plan.
  • The acquisition of common stock, along with the existing indirect ownership, suggests Kassab's confidence in the company and alignment with shareholder interests.
Insider Trading Filed: 2026-02-23

Key Insights

  • The reporting person, Martin T. Griffith, is a SEVP and Chief Revenue Officer at CNB Financial Corp/PA, indicating a key leadership role within the company.
  • Griffith acquired 1,485 shares of common stock and disposed of 535 shares, indicating some insider buying activity.
  • Griffith also holds 3,637 depositary shares representing an interest in the company's preferred stock, suggesting he has a significant investment in the company.
Insider Trading Filed: 2026-02-23

Key Insights

  • Gregory M. Dixon, the EVP/Chief Credit Officer, acquired 1,113 shares of CNB Financial Corp/PA common stock at $27.7 per share, increasing his direct ownership to 19,873.438 shares.
  • Dixon also holds 7,767.989 shares indirectly through the company's 401k plan, indicating his alignment with the company's long-term performance.
  • The acquisition of 1,113 shares represents a notable increase in Dixon's direct ownership stake in the company, suggesting his confidence in the company's prospects.
Insider Trading Filed: 2026-02-23

Key Insights

  • The reporting person, Angela D. Wilcoxson, acquired 1,113 shares of the issuer's common stock through a performance stock award, indicating potential confidence in the company's long-term performance.
  • The reporting person also sold 329 shares of common stock, likely to cover tax withholding obligations, suggesting a balanced approach to managing her ownership position.
  • The reporting person holds a significant number of shares, both directly and indirectly through a 401(k) plan, indicating a substantial alignment of interests with other shareholders.
Insider Trading Filed: 2026-02-23

Key Insights

  • The reporting person, Michael J. Noah, acquired 519 shares of common stock through the company's 2019 Stock Incentive Plan, increasing his direct beneficial ownership to 9,521.21 shares.
  • In addition to his direct ownership, the reporting person also holds an indirect beneficial ownership of 4,135.052 shares through the company's 401k plan.
  • The reporting person also disposed of 4,000 depositary shares, which represent a 1/40th interest in the company's 7.125% Series A Fixed-Rate Non-Cumulative Perpetual Preferred Stock.
Insider Trading Filed: 2026-02-23

Key Insights

  • The reporting person, Heather J. Koptchak, acquired 445 shares of common stock of CNB Financial Corp/PA through the company's 2019 Stock Incentive Plan, indicating an increase in her direct ownership of the company's shares.
  • In addition to her direct ownership, Koptchak also holds an indirect beneficial ownership of 2,359.703 shares through the company's 401(k) plan, as well as 53.44 shares owned by her spouse.
  • The transaction was made pursuant to a contract, instruction, or written plan, suggesting it was part of a pre-arranged program and not based on insider information.
Insider Trading Filed: 2026-02-23

Key Insights

  • The reporting person, Robin Mink, acquired 445 shares of the issuer's common stock on February 23, 2026 pursuant to the company's stock incentive plan. This indicates ongoing executive involvement and alignment with shareholders.
  • The reporting person subsequently sold 144 shares on the same day to cover tax withholding obligations, suggesting some liquidity needs but overall maintaining a substantial direct ownership position.
  • The reporting person also holds an indirect beneficial ownership of 3,039.297 shares through the company's 401(k) plan, further demonstrating a strong commitment to the issuer.
Current Report Filed: 2026-02-18

Key Insights

  • CNB Financial Corporation became a member bank of the Federal Reserve System through the Federal Reserve Bank of Philadelphia, which could provide access to additional resources and support from the central banking system.
  • The company filed this 8-K report to disclose the new membership status, indicating a potentially meaningful development for the bank's operations and regulatory standing.
  • Investors may want to monitor how this membership change impacts the company's financial performance, risk profile, and strategic initiatives going forward.
Current Report Filed: 2026-02-10

Key Insights

  • CNB Financial Corporation declared a quarterly cash dividend of $0.19 per share of common stock, payable on March 13, 2026 to shareholders of record as of February 27, 2026.
  • The dividend declaration demonstrates the company's continued commitment to returning capital to shareholders and maintaining a stable dividend policy.
  • Investors may view the dividend payment as a positive signal of the company's financial health and confidence in its future performance.

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Important Information

AI-generated analysis is for informational purposes only. Always read original SEC filings and consult with qualified professionals before making investment decisions.