Velarion · Company Intelligence
Compensation Brief
Fiscal year 2025 · Filings through 2026-08-17

CB Financial Services, Inc. (CBFV)

CEO John Montgomery was paid $753,865 in fiscal year 2025, ↑ up 3.5% from fiscal year 2024 (SEC filing 0001605301-26-000012 ↗): executive and director compensation, incentive-plan design, equity activity, and governance — every figure in this brief is traceable to its exact location in the company’s SEC filing — the document, the section, the page, and the table, linked directly.

$753,865 ↑
John Montgomery total, FY2025
—
CEO pay percentile vs peers
—
CEO-to-median pay ratio
92.75%
Say-on-pay support, latest vote

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Sample answer — “What is the CEO’s total compensation?”
- John Montgomery (President & Chief Executive Officer), FY2025 total compensation $753,865 (base salary $473,879) [exec_comp, SEC accession 0001605301-26-000012, filed 2026-04-09]

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CBFV's next annual pay disclosure, estimated April 9, 2027.est. Filing ↗

01

Summary Compensation Table — fiscal year 2025

Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
John Montgomery$473,879$0$73,947$0$145,605$0$60,434$753,865
President & Chief Executive Officer
James Mele285,0000153,100057,095030,324525,519
Executive Vice President, Director of Specialty Deposits, Payment & Treasury Management Services
Bruce Sharp285,010024,343084,187033,604427,144
Senior Executive Vice President & Chief Commercial Banking Officer

A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.

Three-year trend — total compensation per named executive

Named executive officerFY2025 totalFY2024 totalFY2023 totalΔ FY2024→2025
John Montgomery$753,865$728,547$1,182,137↑ +25,318
James Mele525,519———
Bruce Sharp427,144404,552—↑ +22,592

Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.

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$753,865 John Montgomery total, FY2025

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Data as of August 17, 2026 · Source: 0001605301-26-000012 · Velarion Executive Compensation Database, deposited on Zenodo (doi:10.5281/zenodo.22283855).

Reports for CBFV

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Companies that benchmark against CBFV
4 companies name CBFV as a compensation peer

Each company listed discloses CBFV in its own benchmarking peer group, as disclosed in each company's most recent proxy statement within the last two proxy seasons. Two companies are therefore absent by design: one that named CBFV in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.

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01b

Executives — the named officers

One page per officer: the same table above, read for one person at a time — his own figure and every fiscal year the register holds.

ExecutiveRoleFY2025 total
Bruce SharpEVP$427,144
James MeleEVP$525,519
John MontgomeryCEO$753,865
01c

Board of directors

One page per director: the seat, the committees and the fee table, read for one person at a time.

DirectorRoleFY2025 total
Charles R. GuthrieIndependent Director$75,623
Craig L. KauffmanFormer director (through FY2025)$2,600
David F. PollockIndependent Director$63,623
John J. LaCarteIndependent Director$68,423
John M. SwiatekIndependent Director$63,623
Jonathan A. BedwayIndependent Director$58,823
Mark E. FoxChair of the Board$78,623
Ralph BurchiantiDirector$104,823
Roberta Robinson OlejaszIndependent Director$58,823
02

Equity transactions since the proxy statement was filed

Every insider equity transaction reported on Form 4 after the 2025 proxy statement — acquisitions, dispositions, exercises, and withholdings — and therefore not reflected in any table in that document.

InsiderRoleTransaction dateCodeSharesPriceValueSecuritySource
John Haines MontgomeryDirector2026-06-17D—$0—Derivative, Class A CommonForm 4 ↗
John Haines MontgomeryDirector2026-06-17A3,5001965,100CommonForm 4 ↗
Stephen CobainChief Credit Officer2026-08-14D1,1763743,583CommonForm 4 ↗
Stephen CobainChief Credit Officer2026-08-14D837299CommonForm 4 ↗
Stephen CobainChief Credit Officer2026-08-14A1,5002233,720CommonForm 4 ↗
Dividend-equivalent accruals2026-08-14—2,900——2 insiders, 2 accrual rows
John M. SwiatekDirector2026-08-14D1,0003737,060CommonForm 4 ↗
John M. SwiatekDirector2026-08-14A1,4002637,030CommonForm 4 ↗
Stephen CobainChief Credit Officer2026-08-14D3163711,771CommonForm 4 ↗

Transaction codes per Form 4: A acquisition · S open-market sale · F tax withholding · M option exercise · G gift. Value = shares × price as reported. Dividend-equivalent and fractional-share accrual rows (derivative Class A, under $10,000 and under 2,000 shares) are aggregated per date; every row appears in full below.

View all 10 transactions
InsiderRoleTransaction dateCodeSharesPriceValueSecuritySource
John Haines MontgomeryDirector2026-06-17D—$0—Derivative, Class A CommonForm 4 ↗
John Haines MontgomeryDirector2026-06-17A3,5001965,100CommonForm 4 ↗
Stephen CobainChief Credit Officer2026-08-14D1,1763743,583CommonForm 4 ↗
Stephen CobainChief Credit Officer2026-08-14D837299CommonForm 4 ↗
Stephen CobainChief Credit Officer2026-08-14A1,5002233,720CommonForm 4 ↗
John M. SwiatekDirector2026-08-14D1,40000Derivative, Class A CommonForm 4 ↗
John M. SwiatekDirector2026-08-14D1,0003737,060CommonForm 4 ↗
John M. SwiatekDirector2026-08-14A1,4002637,030CommonForm 4 ↗
Stephen CobainChief Credit Officer2026-08-14D1,50000Derivative, Class A CommonForm 4 ↗
Stephen CobainChief Credit Officer2026-08-14D3163711,771CommonForm 4 ↗
03

Grants of plan-based awards — fiscal year 2025

ExecutiveAwardGrant dateThresholdTargetGrantedMaximumGrant-date fair value
John MontgomeryOTHER—————$73,947
Bruce SharpOTHER—————24,343
James MeleOTHER—————153,100
03b

Vehicle mix — grant-date fair value by award type

Grant-level vehicle detail not disclosed.

% performance-vested = PSU grant-date fair value ÷ (RSU + PSU + Options), a computed value with the derivation shown in the register.

04

Outstanding equity awards at fiscal year-end 2025

ExecutiveAwardShares unvestedExercise priceMarket value unvested
Bruce SharpRSU450—$15,687
John MontgomeryOption8,27522.12—
Bruce SharpRSU936—32,629
John MontgomeryRSU1,170—40,786
John MontgomeryOption3,40022.01—
Bruce SharpOption4,80025.56—
Bruce SharpOption1,92022.01—
John MontgomeryOption2,00026.25—
John MontgomeryRSU2,415—84,187
John MontgomeryRSU2,400—83,664
John MontgomeryRSU1,000—34,860
James MeleRSU5,000—174,300
Bruce SharpRSU795—27,714
Bruce SharpOption4,28022.12—
05

Incentive-plan design — the Compensation Discussion & Analysis

The Bank maintains a bonus program designed to align the interests of employees of the Bank with the overall performance of the Company and the Bank.

CEO STI target (% of salary)50%
CEO LTI target (% of salary)—
Independent consultantMeridian
Clawback policytrue
Anti-hedgingtrue
Anti-pledgingfalse
06

Say-on-pay — recent advisory votes

Meeting yearMeeting dateForAgainstAbstainSupportOutcome
20262026-05-202,778,407217,24515,25092.75%Passed
20252025-05-212,540,914224,52655,15491.88%Passed
20242024-05-152,306,207245,547100,10290.38%Passed
20232023-05-172,469,288262,81761,10990.38%Passed
20222022-05-182,533,75637,33268,11398.55%Passed
20212021-05-193,095,575216,759116,60193.46%Passed

Rows are labeled by annual-meeting year, with the meeting date beside each; the vote held in a given year acts on the prior fiscal year's compensation.

Say-on-pay — history, company's computation

Meeting yearMeeting dateApproval — company's computation
20262026-05-2092.75%a
20252025-05-2191.88%b
20242024-05-1590.38%c

a. Approved under the standard stated in the filing — “Therefore, abstentions and broker non-votes will have no effect on the outcome of the vote on the proposal.”.

b. Approved under the standard stated in the filing — “Similarly, abstentions and broker non-votes will have no effect on the outcome of the advisory (non-binding) vote on the compensation of the named executive officers.”.

c. Approved under the standard stated in the filing — “Similarly, abstentions and broker non-votes will have no effect on the outcome of the advisory (non-binding) vote on the compensation of the named executive officers.”.

Approval percentages are the company's own reported computations under its own stated standard, not recomputed by Velarion. Where a company does not state a standard, none is assumed.

07

CEO pay ratio

Ratio (CEO : median employee)—
CEO total compensation—
Median employee compensation—
08

Director compensation — fiscal year 2025

DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
Ralph BurchiantiNot independent$31,200$27,623$0$0$46,000$104,823
Mark E. FoxIndependent · Board Chair · Audit · Compensation · Nominating/Corporate Governance51,00027,62300—78,623
Charles R. GuthrieIndependent · Audit (Chair) · Compensation · Nominating/Corporate Governance48,00027,62300—75,623
John J. LaCarteIndependent · Audit · Compensation (Chair) · Nominating/Corporate Governance40,80027,62300—68,423
David F. PollockIndependent · Audit · Compensation (Vice Chair)36,00027,62300—63,623
John M. SwiatekIndependent · Audit (Vice Chair) · Compensation (Vice Chair) · Nominating/Corporate Governance (Chair)36,00027,62300—63,623
Roberta Robinson OlejaszIndependent · Audit31,20027,62300—58,823
Jonathan A. BedwayIndependent · Audit31,20027,62300—58,823
Craig L. KauffmanIndependent · Departed during FY · Partial-year service2,600—00—2,600
John H. MontgomeryEmployee director000—00
09

Board fee structure and ownership guideline

Annual cash retainer—
Annual equity retainer$22,120
Per board meeting fee—
Committee chair fees (audit / comp / nom-gov)37,800
Stock ownership guideline—
09b

Total cost of the board

ComponentFY2025
Cash retainers and fees$308,000
Equity awards (grant-date value)$220,984
All other compensation$46,000
Total cost of the board$574,984

Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.

10b

Chief executive pay against the peer group

Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company's own proxy statement.

RankCompanyFYChief executiveSalaryStock awardsOption awardsNon-equity incentiveTotal
1CB Financial Services, Inc.2025John Montgomery$473,879$73,947$0$145,605$753,865

Each peer's compensation is from its most recently filed proxy; fiscal years differ by company. Each peer's figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.

10d

Frequently asked questions

Who was the highest-paid executive at CB Financial Services, Inc. in fiscal 2025?
As disclosed, John Montgomery (President & Chief Executive Officer) was the highest-paid executive at CB Financial Services, Inc. in fiscal 2025, with total compensation of $753,865.
How did shareholders vote on CB Financial Services, Inc.'s executive compensation?
As disclosed, 92.75% of shareholders supported CB Financial Services, Inc.'s executive compensation in the latest say-on-pay vote.
How much does CB Financial Services, Inc. spend in total on board compensation for fiscal 2025?
As disclosed, CB Financial Services, Inc. reported total board compensation of $574,984 for fiscal 2025.

Answers are drawn only from the figures disclosed in this brief and cited to their location in the source filing. Where a figure required for an answer is not disclosed, that is stated rather than estimated.

11

Source register

Each figure's location is given both for the eye (section · page · table · row · column) and for a script (table/row/column index and exact character span in the filed document). Any figure can be independently confirmed against the source.

#SupportsDocumentFiledAccessionLocation in document
1Section 01, John MontgomeryDEF 14A2026-04-090001605301-26-000012Section “EXECUTIVE COMPENSATION”. As printed: 753,865. Filing ↗machine: t5 · r2 · c20 · span 224501–224508
2Section 01, James MeleDEF 14A2026-04-090001605301-26-000012Section “EXECUTIVE COMPENSATION”. As printed: 525,519. Filing ↗machine: t5 · r5 · c20 · span 232735–232742
3Section 01, Bruce SharpDEF 14A2026-04-090001605301-26-000012Section “EXECUTIVE COMPENSATION”. As printed: 427,144. Filing ↗machine: t5 · r8 · c20 · span 238187–238194
4Section 03, John Montgomery OTHERDEF 14A2026-04-090001605301-26-000012Section “EXECUTIVE COMPENSATION” · grants of plan-based awards table. Filing ↗machine: t5 · r2 · c9 · span 222445–222451
5Section 03, Bruce Sharp OTHERDEF 14A2026-04-090001605301-26-000012Section “EXECUTIVE COMPENSATION” · grants of plan-based awards table. Filing ↗machine: t5 · r8 · c9 · span 236444–236450
6Section 03, James Mele OTHERDEF 14A2026-04-090001605301-26-000012Section “EXECUTIVE COMPENSATION” · grants of plan-based awards table. Filing ↗machine: t5 · r5 · c9 · span 230991–230998
7Section 07, pay ratio10-K2026-03-130001605301-26-000009Section “CEO Pay Ratio”. As printed: —. Filing ↗
8Section 08, Ralph BurchiantiDEF 14A2026-04-090001605301-26-000012Section “Director Compensation”. As printed: 104,823. Filing ↗machine: t1 · r3 · c15 · span 113143–113275
9Section 08, Mark E. FoxDEF 14A2026-04-090001605301-26-000012Section “Director Compensation”. As printed: 78,623. Filing ↗machine: t1 · r4 · c15 · span 115546–115851
10Section 08, Charles R. GuthrieDEF 14A2026-04-090001605301-26-000012Section “Director Compensation”. As printed: 75,623. Filing ↗machine: t1 · r5 · c15 · span 118134–118439
11Section 08, John J. LaCarteDEF 14A2026-04-090001605301-26-000012Section “Director Compensation”. As printed: 68,423. Filing ↗machine: t1 · r7 · c15 · span 123483–123788
12Section 08, David F. PollockDEF 14A2026-04-090001605301-26-000012Section “Director Compensation”. As printed: 63,623. Filing ↗machine: t1 · r9 · c15 · span 128653–128958
13Section 08, John M. SwiatekDEF 14A2026-04-090001605301-26-000012Section “Director Compensation”. As printed: 63,623. Filing ↗machine: t1 · r10 · c15 · span 131639–132002
14Section 08, Roberta Robinson OlejaszDEF 14A2026-04-090001605301-26-000012Section “Director Compensation”. As printed: 58,823. Filing ↗machine: t1 · r8 · c15 · span 126072–126377
15Section 08, Jonathan A. BedwayDEF 14A2026-04-090001605301-26-000012Section “Director Compensation”. As printed: 58,823. Filing ↗machine: t1 · r2 · c21 · span 110280–110411
16Section 08, Craig L. KauffmanDEF 14A2026-04-090001605301-26-000012Section “Director Compensation”. As printed: 2,600. Filing ↗machine: t1 · r6 · c1 · span 119094–119224
17Section 08, John H. MontgomeryDEF 14A2026-04-090001605301-26-000012Section “Director Compensation”. As printed: 0. Filing ↗
18Section 02, John Haines Montgomery 2026-06-17Form 42026-06-170001437749-26-020983Insider equity transaction reported since the proxy statement. Filing ↗
19Section 02, John Haines Montgomery 2026-06-17Form 42026-06-170001437749-26-020983Insider equity transaction reported since the proxy statement. Filing ↗
20Section 02, Stephen Cobain 2026-08-14Form 42026-08-170001437749-26-028143Insider equity transaction reported since the proxy statement. Filing ↗
21Section 02, Stephen Cobain 2026-08-14Form 42026-08-170001437749-26-028143Insider equity transaction reported since the proxy statement. Filing ↗
22Section 02, Stephen Cobain 2026-08-14Form 42026-08-170001437749-26-028143Insider equity transaction reported since the proxy statement. Filing ↗
23Section 02, John M. Swiatek 2026-08-14Form 42026-08-170001437749-26-028144Insider equity transaction reported since the proxy statement. Filing ↗
24Section 02, John M. Swiatek 2026-08-14Form 42026-08-170001437749-26-028144Insider equity transaction reported since the proxy statement. Filing ↗
25Section 02, John M. Swiatek 2026-08-14Form 42026-08-170001437749-26-028144Insider equity transaction reported since the proxy statement. Filing ↗
26Section 02, Stephen Cobain 2026-08-14Form 42026-08-170001437749-26-028143Insider equity transaction reported since the proxy statement. Filing ↗
27Section 02, Stephen Cobain 2026-08-14Form 42026-08-170001437749-26-028143Insider equity transaction reported since the proxy statement. Filing ↗
28Section 06, 2026 voteForm 8-K2026-05-200001605301-26-000025Item 5.07 · say-on-pay result. As reported: 92.75% (votes for as printed: 2,778,407). Filing ↗
29Section 06, 2025 voteForm 8-K2025-05-210001605301-25-000025Item 5.07 · say-on-pay result. As reported: 91.88% (votes for as printed: 2,540,914). Filing ↗
30Section 06, 2024 voteForm 8-K2024-05-160001605301-24-000026Item 5.07 · say-on-pay result. As reported: 90.38% (votes for as printed: 2,306,207). Filing ↗
31Section 01 trend, Δ column (computed)Computed——Δ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1)
32Section 09b board cost (computed)Computed——Cash 308,000 + equity 220,984 + all other 46,000 = 574,984, summed across the director compensation table rows.machine: formula: Σ = 574,984
33CB Financial Services, Inc. (subject), Section 10b CEO totalDEF 14A2026-04-090001605301-26-000012CEO total compensation as printed in CB Financial Services, Inc.'s own proxy. As printed: 753,865. Filing ↗machine: t5 · r2 · c20 · span 224501–224508

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