CB Financial Services (NASDAQ: CBFV) disclosed that Stephen Cobain, the company’s Chief Credit Officer, executed a sale of company shares on February 23, 2026, disposing of 140 shares for a total of $4,730. Sale prices ranged between $33.77 and $33.92 per share.
Following the transactions, Cobain directly holds 4,313 shares of common stock. That total includes restricted stock that vests at a rate of 20% per year, with vesting commencement dates occurring on various dates. In addition to his direct holdings, Cobain retains option positions: the right to purchase 4,480 shares at an exercise price of $22.12, and a separate option to acquire 5,000 shares at an exercise price of $22.48.
CB Financial’s shares are trading at $33.89, representing an approximate 25% increase over the last 12 months. At the same time, InvestingPro analysis indicates the company is trading above its Fair Value estimate. The firm continues to pay dividends and has maintained its dividend payments for 33 consecutive years; the current yield is 3.3%.
Financial results released by CB Financial for the fourth quarter show net income of $4.7 million, up from $2.5 million in the same period of the prior year. Management attributed part of the improvement to a stronger net interest margin, which rose to 3.76%. The company cited an increase in the yield on earning assets together with a reduction in the cost of funds as drivers behind the NIM improvement.
Alongside the earnings update, CB Financial announced a leadership change in its finance function. Amanda L. Engles was promoted to Executive Vice President and Chief Financial Officer, effective January 21, 2026. Engles has been with Community Bank since March 2023 and previously served as Interim CFO and Senior Vice President.
The company also reported a board-level departure. Craig L. Kauffman resigned from the Board of Directors for personal reasons; the company stated that his resignation was not related to any disagreements with management or the board. Kauffman had been appointed to the board with a term scheduled to expire in 2026 and served on the Audit and Compliance Committees. Following his resignation, CB Financial reduced the size of its board to remove the resulting vacancy.
Taken together, these items - insider share sales, option and restricted stock holdings, quarterly earnings and margin improvement, a CFO promotion, and a director resignation - form the recent set of developments released by CB Financial. The company’s ongoing dividend record and the InvestingPro valuation assessment are additional context for investors evaluating the stock.