Leanne D. Kassab, SEVP and Chief Experience Officer of CNB Financial Corp/PA (NASDAQ:CCNE), filed a Form 4 on November 13, 2026, disclosing a sale of common stock and acquisition of depositary shares on November 12, 2026.

Key Highlights

  • Sale of 8,330 shares: Kassab disposed of 8,330 shares of CNB Financial common stock on November 12, 2026, at a price of $35.54 per share.
  • Post-transaction direct holdings: Following the sale, Kassab directly beneficially owned 14,025.66 shares of common stock, accumulated in part through the Dividend Reinvestment Plan year-to-date 2026.
  • Depositary shares acquired: Kassab acquired 1,000 depositary shares, each representing a 1/40th interest in a share of the issuer's 7.125% Series A Fixed-Rate Non-Cumulative Perpetual Preferred Stock, purchased in an underwritten public offering.
  • Indirect holdings: Kassab also holds 728 shares of common stock indirectly through a spouse and 9,645.425 shares indirectly through a 401K plan, the latter adjusted to reflect the latest 401K plan statement.
  • Transaction code: The common stock sale was coded "S" with a "V" indicator, signifying a transaction made pursuant to a Rule 10b5-1(c) plan.

Kassab's November 2026 CNB Financial Transaction Details

According to the filing, Leanne D. Kassab, identified as SEVP and Chief Experience Officer of CNB Financial Corp/PA, reported a sale of 8,330 shares of common stock on November 12, 2026, at a price of $35.54 per share. The transaction was marked with a "V" code, indicating it was made pursuant to a contract, instruction, or written plan intended to satisfy the affirmative defense conditions of Rule 10b5-1(c), as noted on the form.

After the reported transaction, Kassab's direct beneficial ownership of common stock stood at 14,025.66 shares. The filing's footnote explains that this figure includes shares accumulated through the Dividend Reinvestment Plan year-to-date 2026. In addition to the common stock sale, the filing discloses that Kassab acquired 1,000 depositary shares in an underwritten public offering. Each depositary share represents a 1/40th interest in a share of the issuer's 7.125% Series A Fixed-Rate Non-Cumulative Perpetual Preferred Stock, no par value per share.

The filing also reports indirect beneficial ownership of 728 shares of common stock through a spouse and 9,645.425 shares through a 401K plan. The 401K plan figure, according to the filing, has been adjusted to reflect the latest 401K plan statement. The Form 4 was signed by Jessica A. Zupich as Attorney-in-Fact on November 13, 2026.

What Was Disclosed

The Form 4 filed by Leanne D. Kassab, SEVP and Chief Experience Officer of CNB Financial Corp/PA (NASDAQ:CCNE), reported a sale of 8,330 common shares at $35.54 on November 12, 2026, an acquisition of 1,000 depositary shares in a public offering, and updated direct and indirect beneficial ownership figures.