John Haines Montgomery - 08 May 2023 Form 4 Insider Report for CB Financial Services, Inc. (CBFV)

Role: President and CEO, Director
Signature: /s/ Matthew Lawrence, pursuant to power of attorney
Issuer symbol: CBFV
Transactions as of: 08 May 2023
Net transactions value: +$27,981
Form type: 4
Filing time: 08 May 2023, 17:35:02 UTC
Previous filing: 23 Feb 2023
Next filing: 21 Dec 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CBFV	Common Stock	Purchase	$27,981	+1,500	+7.5%	$18.65	21,550	08 May 2023	Direct	F1, F2, F3, F4
holding	CBFV	Common Stock						2,500	08 May 2023	By IRA

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
holding	CBFV	Stock Options						8,500	08 May 2023	Common Stock	8,500	$22.01	Direct	F7
holding	CBFV	Stock Options						9,000	08 May 2023	Common Stock	9,000	$18.60	Direct	F5
holding	CBFV	Stock Options						10,000	08 May 2023	Common Stock	10,000	$26.25	Direct	F6

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Includes shares of restricted stock which vest at a rate of 20% per year commencing on December 14, 2021.
F2	Includes shares of restricted stock which vest at a rate of 20% per year commencing on August 31, 2021.
F3	Includes shares of restricted stock which vest at a rate of 20% per year commencing on February 16, 2023.
F4	Includes shares of restricted stock which vest at a rate of 20% per year commencing on February 16, 2024.
F5	Stock options vest at a rate of 20% per year commencing on August 31, 2021.
F6	Stock options vest at a rate of 20% per year commencing on February 16, 2023.
F7	Stock options vest at a rate of 20% per year commencing on February 16, 2024