Ralph Burchianti - Jul 24, 2025 Form 4 Insider Report for CB Financial Services, Inc. (CBFV)

Signature
/s/ Matthew Lawrence, pursuant to power of attorney
Stock symbol
CBFV
Transactions as of
Jul 24, 2025
Transactions value $
$53,125
Form type
4
Date filed
7/28/2025, 01:38 PM
Previous filing
Feb 19, 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Burchianti Ralph SEVP & Chief Credit Officer, Director 100 N. MARKET STREET, CARMICHAELS /s/ Matthew Lawrence, pursuant to power of attorney 2025-07-28 0001622336

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CBFV Common Stock Options Exercise $55.6K +2.5K +3.27% $22.25 79K Jul 24, 2025 Direct F1, F2, F3, F4, F5
holding CBFV Common Stock 2.2K Jul 24, 2025 By Investment Club F9

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
transaction CBFV Stock Options Options Exercise -$2.5K 0 Jul 24, 2025 Common Stock 2.5K $22.25 Direct
holding CBFV Stock Options 5.87K Jul 24, 2025 Common Stock 5.87K $22.12 Direct F8
holding CBFV Stock Options 3.8K Jul 24, 2025 Common Stock 3.8K $22.01 Direct F7
holding CBFV Stock Options 5.2K Jul 24, 2025 Common Stock 5.2K $26.25 Direct F6
holding CBFV Stock Options 3.28K Jul 24, 2025 Common Stock 3.28K $30.75 Direct
holding CBFV Stock Options 2.81K Jul 24, 2025 Common Stock 2.81K $26.45 Direct
* 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 February 16, 2023.
F3 Includes shares of restricted stock which vest at a rate of 20% per year commencing on February 16, 2024.
F4 Includes shares of restricted stock which vest at a rate of 20% per year commencing on February 16, 2025.
F5 Includes shares of restricted stock which vest at a rate of 20% per year commencing on February 16, 2026.
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.
F8 Stock options vest at a rate of 20% per year commencing on February 16, 2025.
F9 The investment club owns a total of 2,200 shares of the issuer's common stock. Mr. Burchianti has a 16.6% interest in the investment club and disclaims beneficial ownership with respect to 1,834 shares.