CNB FINANCIAL CORP/PA false 0000736772 0000736772 2026-04-21 2026-04-21 0000736772 us-gaap:CommonStockMember 2026-04-21 2026-04-21 0000736772 us-gaap:SeriesAPreferredStockMember 2026-04-21 2026-04-21
 
 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

 

FORM 8-K

 

 

CURRENT REPORT

Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): April 21, 2026

 

 

CNB FINANCIAL CORPORATION

(Exact name of registrant as specified in its charter)

 

 

 

Pennsylvania   001-39472   25-1450605
(State or other jurisdiction of
incorporation or organization)
  (Commission
File Number)
  (I.R.S. Employer
Identification No.)

1 South Second Street

PO Box 42

Clearfield, Pennsylvania 16830

(Address of principal executive offices, zip code)

Registrant’s telephone number, including area code: (814) 765-9621

Not Applicable

(Former name or former address, if changed since last report)

 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class

 

Trading
Symbol

 

Name of each exchange
on which registered

Common Stock, no par value   CCNE   The NASDAQ Stock Market LLC
Depositary Shares (each representing a 1/40th interest in a share of 7.125% Series A Non-Cumulative, perpetual preferred stock)   CCNEP   The NASDAQ Stock Market LLC

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

 

 
 


Item 5.07.

Submission of Matters to a Vote of Security Holders

On April 21, 2026, CNB Financial Corporation (the “Corporation”) held its 2026 Annual Meeting of Shareholders (the “Annual Meeting”) at which the Corporation’s shareholders considered the following proposals: (i) to elect four Class 1 directors, one Class 2 director and one Class 3 director; (ii) to vote, on a non-binding, advisory basis, on the compensation paid to the Corporation’s named executive officers; (iii) to vote, on a non-binding, advisory basis, on the frequency of the advisory vote to approve the compensation of the Corporation’s named executive officers; and (iv) to ratify the appointment of Forvis Mazars, LLP as the Corporation’s independent registered public accounting firm for the year ending December 31, 2026. The proposals are described in detail in the Corporation’s definitive proxy statement for the Annual Meeting, which was filed with the SEC on March 16, 2026. The final results for the votes regarding each proposal are set forth below.

Election of Directors

Class 1 Directors: At the Annual Meeting, the following persons were duly elected as Class 1 directors to serve until the Corporation’s 2029 Annual Meeting of Shareholders or until their respective successors are elected:

 

     Jeffrey S. Powell      Gary S. Olson      Francis X. Straub, III      Peter C. Varischetti  

For

     20,178,488        20,694,522        21,104,990        20,940,208  

Against

     1,233,623        718,806        303,689        465,926  

Abstentions

     259,856        258,640        263,291        265,836  

Broker Non-Votes

     2,615,527        2,615,526        2,615,524        2,615,524  

Class 2 Director: At the Annual Meeting, the following person was duly elected as a Class 2 director to serve until the Corporation’s 2028 Annual Meeting of Shareholders or until his successor is elected:

 

     Daniel J. Henning  

For

     20,778,942  

Against

     628,977  

Abstentions

     264,051  

Broker Non-Votes

     2,615,524  

Class 3 Director: At the Annual Meeting, the following person was duly elected as a Class 3 director, to serve until the Corporation’s 2027 Annual Meeting of Shareholders or until his successor is elected:

 

     Robert C. Selig, Jr.  

For

     20,710,884  

Against

     684,257  

Abstentions

     276,830  

Broker Non-Votes

     2,615,523  

Advisory Vote to Approve Named Executive Officer Compensation

At the Annual Meeting, the Corporation’s shareholders approved, on a non-binding, advisory basis, the compensation paid to the Corporation’s named executive officers. The table below sets forth the voting results for this proposal:

 

Votes For

 

Votes Against

 

Abstentions

 

Broker Non-Votes

20,982,678   353,900   335,392   2,615,524

 


Advisory Vote to Select the Frequency of the Shareholder Vote to Approve Named Executive Officer Compensation

At the Annual Meeting, the Corporation’s shareholders voted, on a non-binding, advisory basis, for the shareholder advisory vote on the compensation paid to the Corporation’s named executive officers to be held on an annual basis. The table below sets forth the voting results for this proposal:

 

One Year

 

Two Years

 

Three Years

 

Abstentions

 

Broker Non-Votes

19,350,308   221,992   1,710,293   389,374   2,615,527

Ratification of Forvis Mazars, LLP as the Corporation’s Independent Registered Public Accounting Firm

At the Annual Meeting, the Corporation’s shareholders ratified the appointment of Forvis Mazars, LLP as the Corporation’s independent registered public accounting firm for the year ending December 31, 2026. The table below sets forth the voting results for this proposal:

 

Votes For

 

Votes Against

 

Abstentions

23,919,025   44,031   324,438

The results reported above are final voting results.

Consistent with the Board of Directors’ recommendation, and in light of the shareholder vote on the frequency of the shareholder vote on executive compensation, the Corporation has determined to include in its proxy materials the shareholder advisory vote on the compensation of its named executive officers yearly.

 


SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

    CNB FINANCIAL CORPORATION
Date: April 22, 2026     By:  

/s/ Tito L. Lima

      Tito L. Lima
      Treasurer