CB Financial Services (NASDAQ: CBFV) reported a set of insider and corporate developments tied to a single trading day on February 6, 2026. Vice Chairman Charles R. Guthrie sold 1,913 shares of the companys common stock that day at $37.35 per share, yielding proceeds of approximately $71,450.
Also on February 6, Guthrie exercised stock options to acquire a total of 2,515 shares of CB Financial Services common stock in two separate option exercises. One exercise covered 1,400 shares at an exercise price of $26.45 per share; the other covered 1,115 shares at an exercise price of $30.75 per share. The combined value of those optioned shares is reported as $71,316.
Following the sale and the option exercises, Guthries direct ownership in CB Financial Services amounts to 16,796 common shares. That total includes restricted stock that vests at a rate of 20% per year. In addition to his direct holdings, Guthrie indirectly owns 6,901 shares.
Quarterly financials and executive changes
In related company reporting, CB Financial Services posted net income of $4.7 million for the fourth quarter of 2025, up from $2.5 million in the same quarter of 2024. The companys net interest margin improved to 3.76%, a change the company attributed to higher yields on earning assets and a lower cost of funds.
Management changes were also disclosed. Amanda L. Engles was promoted to Executive Vice President and Chief Financial Officer, effective January 21, 2026. Engles had been serving as Interim CFO and has been with Community Bank since March 2023.
Board-level development
On board affairs, Craig L. Kauffman resigned from CB Financial Services Board of Directors for personal reasons. The company noted there were no disagreements with Kauffman concerning company operations. Following his resignation, the board reduced its size to remove the vacancy. Kauffman had been appointed to the board earlier, with his term originally set to expire in 2026.
Context and limitations
The transactions disclosed focus on Guthries sale and option exercises on February 6, 2026, and the corporate updates provided by CB Financial Services. The public disclosures list the share counts, exercise prices, and the companys reported quarterly results and governance changes. No additional commentary on motives, broader market impact, or subsequent trading activity was provided in the companys filings referenced in these disclosures.