Velarion · Company Intelligence
Compensation Brief
Fiscal year 2025 · Filings through 2026-06-17

CNB Financial Corp (CCNE)

Fiscal year 2025 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.

$1,500,484
Michael D. Peduzzi total, FY2025
20th
CEO pay percentile vs peers
27:1
CEO-to-median pay ratio
98.34%
Say-on-pay support, latest vote
Companies that benchmark against CCNE
28 companies name CCNE as a compensation peer

Each company listed discloses CCNE 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 CCNE in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.

01

Summary Compensation Table — fiscal year 2025

Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
Michael D. Peduzzi$653,993$65,000$270,672$0$309,273$169,264$32,282$1,500,484
President and Chief Executive Officer
Martin T. Griffith382,0441,500112,7800130,888300,58240,627968,421
Senior Executive V.P., Chief Revenue Officer
Tito L. Lima359,00835,000112,7800122,996256,22341,566927,573
Senior Executive V.P., Chief Financial Officer and Treasurer
Michael J. Noah350,0123,00090,2240119,914054,735617,885
Executive V.P., Chief Operating Officer
Angela D. Wilcoxson347,0481,50090,2240118,899025,659583,330
Executive V.P., 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 FY20242025
Michael D. Peduzzi$1,500,484
Martin T. Griffith968,421
Tito L. Lima927,573
Michael J. Noah617,885
Angela D. Wilcoxson583,330

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

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
Michael D. PeduzziDirector2026-04-24A1,000$30$30,350CommonForm 4 ↗
Carla M. HigginsSVP/Strategic Project Manager2026-04-27D1,3003039,585CommonForm 4 ↗
Deborah Dick PontzerDirector2026-04-30D244317,454CommonForm 4 ↗
Robin MinkEVP/Chief TM Officer2026-06-04D103.57313,162CommonForm 4 ↗
Francis X. Straub, IIIDirector2026-06-05D15,16900CommonForm 4 ↗
Francis X. Straub, IIIDirector2026-06-05D5,25000CommonForm 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.

03

Grants of plan-based awards — fiscal year 2025

ExecutiveAwardGrant dateThresholdTargetGrantedMaximumGrant-date fair value
Martin T. GriffithPSU2025-05-131,2352,4703,705$56,390
Angela D. WilcoxsonRSU2025-05-141,9761,9762,96445,112
Michael J. NoahOPTION2025-01-2145,112
Martin T. GriffithRSU2025-05-132,47056,390
Michael D. PeduzziPSU2025-05-132,9645,9288,892135,336
Tito L. LimaRSU2025-05-132,47056,390
Tito L. LimaPSU2025-05-131,2352,4703,70556,390
Michael D. PeduzziPSU2025-05-135,928135,336
Angela D. WilcoxsonOPTION2025-01-2145,112
Michael J. NoahRSU2025-05-141,9761,9762,96445,112
03b

Vehicle mix — grant-date fair value by award type

Named executive officerTime-vested (RSU)Performance-vested (PSU)Options / SARs% performance-vested
Martin T. Griffith$56,390$56,390$050.0%
Angela D. Wilcoxson45,112045,1120.0%
Michael J. Noah45,112045,1120.0%
Michael D. Peduzzi0270,6720100.0%
Tito L. Lima56,39056,390050.0%

% 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
Angela D. WilcoxsonPSU2,964$77,568
Tito L. LimaRSU2,47064,640
Martin T. GriffithRSU2,47064,640
Martin T. GriffithRSU1,56140,851
Michael D. PeduzziPSU11,283295,276
Martin T. GriffithRSU69018,057
Michael J. NoahPSU2,96477,568
Angela D. WilcoxsonPSU2,63468,932
Tito L. LimaRSU1,56140,851
Michael J. NoahPSU72518,973
Michael J. NoahRSU2416,307
Angela D. WilcoxsonRSU51813,556
Michael J. NoahPSU1,22932,150
Angela D. WilcoxsonRSU1,17130,645
Martin T. GriffithPSU3,70596,960
Michael D. PeduzziRSU5,015131,243
Tito L. LimaPSU3,70596,960
Martin T. GriffithPSU3,51291,909
Tito L. LimaPSU3,51291,909
Tito L. LimaPSU2,07254,224
Martin T. GriffithPSU2,07254,224
Michael J. NoahRSU1,97651,712
Angela D. WilcoxsonRSU1,97651,712
Angela D. WilcoxsonPSU1,55440,668
Michael J. NoahRSU54614,289
Michael D. PeduzziPSU8,892232,704
Michael D. PeduzziRSU5,928155,136
Michael D. PeduzziPSU5,602146,604
Michael D. PeduzziRSU1,86848,886
Tito L. LimaRSU69018,057
Michael D. PeduzziRSU58215,231
Michael J. NoahRSU1874,894
05

Incentive-plan design — the Compensation Discussion & Analysis

CNB targets its executive compensation program to be within a reasonable range of the median pay of financial institutions of similar size, region, and complexity (Market Median). CNB's program is designed to provide variable incentives that will reward performance.

CEO STI target (% of salary)50%
CEO LTI target (% of salary)
Independent consultantMeridian Compensation Partners, LLC
Clawback policytrue
Anti-hedgingtrue
Anti-pledgingTrue
06

Say-on-pay — recent advisory votes

Meeting yearMeeting dateForAgainstAbstainSupportOutcome
20262026-04-2120,982,678353,900335,39298.34%Passed
20252025-04-1514,525,511821,170191,50194.65%Passed
20242024-04-1613,586,047224,102158,92698.38%Passed
20232023-04-1813,592,188540,130183,49896.18%Passed
20222022-04-199,187,235543,66982,25994.41%Passed
20212021-04-209,143,047312,300226,16196.7%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
20262026-04-2198.34%a
20252025-04-1594.65%b
20242024-04-1698.38%c

a. Approved under the standard stated in the filing — “For purposes of the vote on this proposal, abstentions and other shares not voted (whether by broker non-vote or otherwise) will not be counted as votes cast and will have no effect on the result of the vote.”.

b. Approved under the standard stated in the filing — “For purposes of the vote on this proposal, abstentions and other shares not voted (whether by broker non-vote or otherwise) will not be counted as votes cast and will have no effect on the result of the vote.”.

c. Approved under the standard stated in the filing — “For purposes of the vote on this proposal, abstentions and other shares not voted (whether by broker non-vote or otherwise) will not be counted as votes cast and will have no effect on the result of the vote.”.

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)27 : 1
CEO total compensation$1,500,484
Median employee compensation$55,509
08

Director compensation — fiscal year 2025

DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
Jeffrey S. PowellIndependent · Board Chair · Audit · Executive Compensation and Personnel · Corporate Governance/Nominating (Chair)$124,900$31,574$0$0$0$156,474
Michael ObiIndependent · Audit · Executive Compensation and Personnel (Chair) · Corporate Governance/Nominating61,80031,57400093,374
Peter C. VarischettiIndependent · Audit (Chair)61,20031,57400092,774
Julie YoungIndependent · Executive Compensation and Personnel57,40031,57400088,974
Nicholas N. ScottIndependent · Audit · Executive Compensation and Personnel57,40031,57400088,974
Francis X. Straub, IIIIndependent · Executive Compensation and Personnel55,80031,57400087,374
Deborah Dick PontzerIndependent · Corporate Governance/Nominating55,70031,57400087,274
Joel E. PetersonIndependent · Audit · Corporate Governance/Nominating54,40031,57400085,974
Richard B. SeagerIndependent · Corporate Governance/Nominating53,30031,57400084,874
Gary S. OlsonNot independent · Newly elected20,58334,98000055,563
Daniel J. HenningIndependent · Audit · Newly elected21,08300021,083
Robert C. Selig, JrIndependent · Executive Compensation and Personnel · Newly elected17,88300017,883
Michael D. PeduzziEmployee director000000
09

Board fee structure and ownership guideline

Annual cash retainer
Annual equity retainer
Per board meeting fee
Committee chair fees (audit / comp / nom-gov)2,125 / 1,250 / 1,250
Stock ownership guideline
09b

Total cost of the board

ComponentFY2025
Cash retainers and fees$641,449
Equity awards (grant-date value)$319,146
All other compensation$0
Total cost of the board$960,595

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

10

Disclosed peer group — fiscal year 2025

The compensation peer group as the company disclosed it in its own proxy — the reference set behind the percentile above.

10a

Peer reciprocity

Of the companies CNB Financial Corp names as compensation peers, which name it back in their own disclosed peer groups. A peer set the market reciprocates reads differently from one selected in a single direction.

Reciprocity shown where the peer's own current proxy has been read — each mark is cited in the register to that peer's filing. A dash means the peer's current proxy was read and names no reciprocal group including CNB Financial Corp.

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
1MVB Financial Corp.2025Larry Mazza$850,000$600,368$0$1,381,208$5,056,856
2Stock Yards Bancorp, Inc.2025James Hillebrand875,000656,250218,7501,487,5003,380,337
3Tompkins Financial Corporation2025Stephen Romaine890,000629,7690594,0003,221,209
4Burke & Herbert Financial Services Corp.2025David Boyle868,846806,88701,064,6423,014,541
5Park National Corporation2025David Trautman770,833900,03602,977,449
6Civista Bancshares, Inc.2025Dennis Shaffer573,657166,2460258,1462,894,036
7S&T Bancorp, Inc.2025Christopher McComish806,077888,7990620,2992,398,854
8Financial Institutions, Inc.2025Martin Birmingham798,2441,017,0620487,5442,385,669
9Mid Penn Bancorp, Inc.2025Rory Ritrievi773,077257,2000334,4002,209,726
10Primis Financial Corp.2025Dennis Zember, Jr.748,590912,6000435,5782,185,079
11Univest Financial Corporation2025Jeffrey Schweitzer830,000539,5330663,2342,097,674
12City Holding Company2025Charles Hageboeck699,000404,8670796,8601,922,194
13Shore Bancshares, Inc.2025James Burke700,000524,9780397,7171,772,098
14Farmers National Banc Corp.2025Kevin Helmick686,850331,9130536,2501,644,243
15Community Trust Bancorp, Inc.2025Mark Gooch721,962137,0900740,4001,639,760
16Arrow Financial Corporation2025David DeMarco715,850243,2650379,4011,572,406
17CNB Financial Corp2025Michael D. Peduzzi653,993270,6720309,2731,500,484
18Peoples Bancorp Inc.2025Tyler Wilcox700,000259,1950416,8001,500,327
19Carter Bankshares, Inc.2025Litz Van Dyke703,114300,0300183,3001,355,859
20Premier Financial Corp.2023Gary Small617,077309,5900119,3401,107,726
21Peoples Financial Services Corp.2025Gerard Champi557,000162,4000204,0201,068,323

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.

10c

Incentive design against the same peers

CompanyAnnual incentive payoutLong-term vehicle mixPSU measures include TSRCompensation consultant
CNB Financial Corp47.29%PSU 50 · RSU 50NoMeridian Compensation Partners, LLC
Arrow Financial Corporation106%RSU 100not disclosedPearl Meyer & Partners, LLC
Burke & Herbert Financial Services Corp.113%PSU 100Nonot disclosed
Carter Bankshares, Inc.67%PSU 50 · RSU 50Yes — Total Shareholder Return (TSR)Arthur J. Gallagher & Co.
City Holding Company114%PSU 60 · RSU 40NoMcLagan
Civista Bancshares, Inc.74%RSU 100not disclosedBlanchard Consulting Group
Community Trust Bancorp, Inc.75%Cash LTI 100NoPearl Meyer
Farmers National Banc Corp.150%PSU 50 · RSU 25 · Cash LTI 25NoAon
Financial Institutions, Inc.104.4%RSU 50 · PSU 50Nonot disclosed
Mid Penn Bancorp, Inc.104.5%RSU 100not disclosedMeridian Compensation Partners
MVB Financial Corp.216.66%PSU 50 · RSU 50NoPay Governance LLC
Park National Corporationnot disclosedPSU 100NoMeridian Compensation Partners, LLC (through April 30, 2025) and Pay Governance (after April 30, 2025)
Peoples Bancorp Inc.60%RSU 100NoPay Governance
Peoples Financial Services Corp.104%PSU 50 · RSU 50NoPearl Meyer & Partners, LLC
Premier Financial Corp.38%PSU 67 · RSU 33Yes — 3-year Total Shareholder Return (rTSR)Pearl Meyer & Partners, LLC
Primis Financial Corp.116%PSU 70 · RSU 30Nothe Consultant
S&T Bancorp, Inc.119%RSU 50 · PSU 50NoAon
Shore Bancshares, Inc.113.63%PSU 50 · RSU 50NoAon
Stock Yards Bancorp, Inc.200%PSU 75 · Options 25NoAon's Human Capital Solutions
Tompkins Financial Corporation120%PSU 50 · RSU 50NoAON Human Capital Solutions, a division of Aon, plc
Univest Financial Corporation122.9%PSU 70 · RSU 30NoAon plc

Read from each company's Compensation Discussion and Analysis: annual incentive payout as a percentage of target, the disclosed long-term vehicle mix, whether performance-share measures include a total shareholder return component, and the retained compensation consultant. “Not disclosed” appears only where the company's filing does not state the item.

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, Michael D. PeduzziDEF 14A2026-03-160000736772-26-000035Section “Summary Compensation Table” · page 38. As printed: 1,500,484. Filing ↗machine: span 677260–677269
2Section 01, Martin T. GriffithDEF 14A2026-03-160000736772-26-000035Section “Summary Compensation Table” · page 38. As printed: 968,421. Filing ↗machine: span 689651–689658
3Section 01, Tito L. LimaDEF 14A2026-03-160000736772-26-000035Section “Summary Compensation Table” · page 38. As printed: 927,573. Filing ↗machine: span 683552–683559
4Section 01, Michael J. NoahDEF 14A2026-03-160000736772-26-000035Section “Summary Compensation Table” · page 38. As printed: 617,885. Filing ↗machine: span 696158–696165
5Section 01, Angela D. WilcoxsonDEF 14A2026-03-160000736772-26-000035Section “Summary Compensation Table” · page 38. As printed: 583,330. Filing ↗machine: span 699337–699344
6Section 03, Martin T. Griffith PSUDEF 14A2026-03-160000736772-26-000035Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t32 · r4 · c6 · span 617796–617801
7Section 03, Angela D. Wilcoxson RSUDEF 14A2026-03-160000736772-26-000035Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t32 · r6 · c6 · span 620708–620713
8Section 03, Michael J. Noah OPTIONDEF 14A2026-03-160000736772-26-000035Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t42 · r13 · c17 · span 886716–886722
9Section 03, Martin T. Griffith RSUDEF 14A2026-03-160000736772-26-000035Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t32 · r4 · c6 · span 617796–617801
10Section 03, Michael D. Peduzzi PSUDEF 14A2026-03-160000736772-26-000035Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t32 · r2 · c6 · span 614857–614862
11Section 03, Tito L. Lima RSUDEF 14A2026-03-160000736772-26-000035Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t32 · r3 · c6 · span 616338–616343
12Section 03, Tito L. Lima PSUDEF 14A2026-03-160000736772-26-000035Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t32 · r3 · c6 · span 616338–616343
13Section 03, Michael D. Peduzzi PSUDEF 14A2026-03-160000736772-26-000035Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t32 · r2 · c6 · span 614857–614862
14Section 03, Angela D. Wilcoxson OPTIONDEF 14A2026-03-160000736772-26-000035Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t42 · r16 · c17 · span 895957–895963
15Section 03, Michael J. Noah RSUDEF 14A2026-03-160000736772-26-000035Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t32 · r5 · c6 · span 619250–619255
16Section 07, pay ratioDEF 14A2026-03-160000736772-26-000035Section “CEO Pay Ratio”. As printed: 27 : 1. Filing ↗
17Section 08, Jeffrey S. PowellDEF 14A2026-03-160000736772-26-000035Section “Director Compensation”. As printed: 156,474. Filing ↗machine: t20 · r2 · c6 · span 379261–379268
18Section 08, Michael ObiDEF 14A2026-03-160000736772-26-000035Section “Director Compensation”. As printed: 93,374. Filing ↗machine: t20 · r4 · c6 · span 381810–381816
19Section 08, Peter C. VarischettiDEF 14A2026-03-160000736772-26-000035Section “Director Compensation”. As printed: 92,774. Filing ↗machine: t20 · r12 · c6 · span 391622–391628
20Section 08, Julie YoungDEF 14A2026-03-160000736772-26-000035Section “Director Compensation”. As printed: 88,974. Filing ↗machine: t20 · r13 · c6 · span 392790–392796
21Section 08, Nicholas N. ScottDEF 14A2026-03-160000736772-26-000035Section “Director Compensation”. As printed: 88,974. Filing ↗machine: t20 · r8 · c6 · span 386709–386715
22Section 08, Francis X. Straub, IIIDEF 14A2026-03-160000736772-26-000035Section “Director Compensation”. As printed: 87,374. Filing ↗machine: t20 · r11 · c6 · span 390445–390451
23Section 08, Deborah Dick PontzerDEF 14A2026-03-160000736772-26-000035Section “Director Compensation”. As printed: 87,274. Filing ↗machine: t20 · r7 · c6 · span 385535–385541
24Section 08, Joel E. PetersonDEF 14A2026-03-160000736772-26-000035Section “Director Compensation”. As printed: 85,974. Filing ↗machine: t20 · r6 · c6 · span 384358–384364
25Section 08, Richard B. SeagerDEF 14A2026-03-160000736772-26-000035Section “Director Compensation”. As printed: 84,874. Filing ↗machine: t20 · r9 · c6 · span 387883–387889
26Section 08, Gary S. OlsonDEF 14A2026-03-160000736772-26-000035Section “Director Compensation”. As printed: 55,563. Filing ↗machine: t20 · r5 · c6 · span 383185–383191
27Section 08, Daniel J. HenningDEF 14A2026-03-160000736772-26-000035Section “Director Compensation”. As printed: 21,083. Filing ↗machine: t20 · r3 · c2 · span 380043–380049
28Section 08, Robert C. Selig, JrDEF 14A2026-03-160000736772-26-000035Section “Director Compensation”. As printed: 17,883. Filing ↗machine: t20 · r10 · c2 · span 388667–388673
29Section 08, Michael D. PeduzziDEF 14A2026-03-160000736772-26-000035Section “Director Compensation”. As printed: 0. Filing ↗
30Section 02, Michael D. Peduzzi 2026-04-24Form 42026-04-270001409722-26-000010Insider equity transaction reported since the proxy statement. Filing ↗
31Section 02, Carla M. Higgins 2026-04-27Form 42026-04-280002110040-26-000006Insider equity transaction reported since the proxy statement. Filing ↗
32Section 02, Deborah Dick Pontzer 2026-04-30Form 42026-05-010001256161-26-000004Insider equity transaction reported since the proxy statement. Filing ↗
33Section 02, Robin Mink 2026-06-04Form 42026-06-170002053952-26-000006Insider equity transaction reported since the proxy statement. Filing ↗
34Section 02, Francis X. Straub, III 2026-06-05Form 42026-06-080001673200-26-000005Insider equity transaction reported since the proxy statement. Filing ↗
35Section 02, Francis X. Straub, III 2026-06-05Form 42026-06-080001673200-26-000005Insider equity transaction reported since the proxy statement. Filing ↗
36Section 06, 2026 voteForm 8-K2026-04-220001193125-26-170571Item 5.07 · say-on-pay result. As reported: 98.34% (votes for as printed: 20,982,678). Filing ↗
37Section 06, 2025 voteForm 8-K2025-04-160001193125-25-082845Item 5.07 · say-on-pay result. As reported: 94.65% (votes for as printed: 14,525,511). Filing ↗
38Section 06, 2024 voteForm 8-K2024-04-180001193125-24-100766Item 5.07 · say-on-pay result. As reported: 98.38% (votes for as printed: 13,586,047). Filing ↗
39Section 03b vehicle mix (computed)ComputedcomputedRSU / PSU / Options grant-date fair values summed per officer from the grants table; % performance-vested = PSU ÷ (RSU+PSU+Options).machine: formula: sums + PSU ratio
40Section 09b board cost (computed)ComputedcomputedCash 641,449 + equity 319,146 + all other 0 = 960,595, summed across the director compensation table rows.machine: formula: Σ = 960,595
41MVB Financial Corp., Section 10b CEO totalDEF 14A2026-04-070001277902-26-000048CEO total compensation as printed in MVB Financial Corp.'s own proxy. As printed: 5,056,856. Filing ↗machine: r2 · c27 · span 558090–558100
42Stock Yards Bancorp, Inc., Section 10b CEO totalDEF 14A2026-03-120001437749-26-007879CEO total compensation as printed in Stock Yards Bancorp, Inc.'s own proxy. As printed: 3,380,337. Filing ↗machine: r3 · c32 · span 991255–991264
43Tompkins Financial Corporation, Section 10b CEO totalDEF 14A2026-04-060001140361-26-013350CEO total compensation as printed in Tompkins Financial Corporation's own proxy. As printed: 3,221,209. Filing ↗machine: r3 · c27 · span 696857–696866
44Burke & Herbert Financial Services Corp., Section 10b CEO totalDEF 14A2026-04-300001964333-26-000052CEO total compensation as printed in Burke & Herbert Financial Services Corp.'s own proxy. As printed: 3,014,541. Filing ↗machine: span 547914–547923
45Park National Corporation, Section 10b CEO totalDEF 14A2026-03-090000805676-26-000021CEO total compensation as printed in Park National Corporation's own proxy. As printed: 2,977,449. Filing ↗machine: t22 · r2 · c14 · span 845297–845306
46Civista Bancshares, Inc., Section 10b CEO totalDEF 14A2026-04-070001193125-26-145510CEO total compensation as printed in Civista Bancshares, Inc.'s own proxy. As printed: 2,894,036. Filing ↗machine: span 535149–535158
47S&T Bancorp, Inc., Section 10b CEO totalDEF 14A2026-03-300001193125-26-131720CEO total compensation as printed in S&T Bancorp, Inc.'s own proxy. As printed: 2,398,854. Filing ↗machine: r2 · c31 · span 570969–570978
48Financial Institutions, Inc., Section 10b CEO totalDEF 14A2026-04-060001193125-26-143723CEO total compensation as printed in Financial Institutions, Inc.'s own proxy. As printed: 2,385,669. Filing ↗machine: r4 · c21 · span 1897204–1897213
49Mid Penn Bancorp, Inc., Section 10b CEO totalDEF 14A2026-03-270001193125-26-128769CEO total compensation as printed in Mid Penn Bancorp, Inc.'s own proxy. As printed: 2,209,726. Filing ↗machine: r3 · c35 · span 723945–723954
50Primis Financial Corp., Section 10b CEO totalDEF 14A2026-04-100001104659-26-041860CEO total compensation as printed in Primis Financial Corp.'s own proxy. As printed: 2,185,079. Filing ↗machine: t76 · r8 · c23 · span 492432–492441
51Univest Financial Corporation, Section 10b CEO totalDEF 14A2026-03-130000102212-26-000015CEO total compensation as printed in Univest Financial Corporation's own proxy. As printed: 2,097,674. Filing ↗machine: r2 · c51 · span 398636–398645
52City Holding Company, Section 10b CEO totalDEF 14A2026-03-270000726854-26-000092CEO total compensation as printed in City Holding Company's own proxy. As printed: 1,922,194. Filing ↗machine: t27 · r5 · c7 · span 511012–511021
53Shore Bancshares, Inc., Section 10b CEO totalDEF 14A2026-04-080001035092-26-000019CEO total compensation as printed in Shore Bancshares, Inc.'s own proxy. As printed: 1,772,098. Filing ↗machine: r2 · c24 · span 646564–646573
54Farmers National Banc Corp., Section 10b CEO totalDEF 14A2026-03-160001437749-26-008310CEO total compensation as printed in Farmers National Banc Corp.'s own proxy. As printed: 1,644,243. Filing ↗machine: r2 · c28 · span 608756–608765
55Community Trust Bancorp, Inc., Section 10b CEO totalDEF 14A2026-03-180001140361-26-009965CEO total compensation as printed in Community Trust Bancorp, Inc.'s own proxy. As printed: 1,639,760. Filing ↗machine: t117 · r1 · c6 · span 440283–440292
56Arrow Financial Corporation, Section 10b CEO totalDEF 14A2026-04-230000717538-26-000045CEO total compensation as printed in Arrow Financial Corporation's own proxy. As printed: 1,572,406. Filing ↗machine: span 519962–519971
57CNB Financial Corp (subject), Section 10b CEO totalDEF 14A2026-03-160000736772-26-000035CEO total compensation as printed in CNB Financial Corp's own proxy. As printed: 1,500,484. Filing ↗machine: span 677260–677269
58Peoples Bancorp Inc., Section 10b CEO totalDEF 14A2026-03-060000318300-26-000104CEO total compensation as printed in Peoples Bancorp Inc.'s own proxy. As printed: 1,500,327. Filing ↗machine: t174 · r4 · c19 · span 1008838–1008848
59Carter Bankshares, Inc., Section 10b CEO totalDEF 14A2026-04-150001829576-26-000027CEO total compensation as printed in Carter Bankshares, Inc.'s own proxy. As printed: 1,355,859. Filing ↗machine: t13 · r2 · c7 · span 396094–396104
60Premier Financial Corp., Section 10b CEO totalDEF 14A2024-03-180001140361-24-013910CEO total compensation as printed in Premier Financial Corp.'s own proxy. As printed: 1,107,726. Filing ↗machine: span 599128–599137
61Peoples Financial Services Corp., Section 10b CEO totalDEF 14A2026-04-100001104659-26-041794CEO total compensation as printed in Peoples Financial Services Corp.'s own proxy. As printed: 1,068,323. Filing ↗machine: t226 · r8 · c16 · span 1077916–1077925
62Section 10a, MVB Financial Corp. reciprocityDEF 14A0001277902-26-000048MVB Financial Corp.'s most recent proxy was read; its disclosed peer group does not include CNB Financial Corp. Filing ↗
63Section 10a, Shore Bancshares, Inc. reciprocityDEF 14A0001035092-26-000019Shore Bancshares, Inc. names CNB Financial Corp in its own disclosed peer group (read from its most recent proxy). Filing ↗
64Section 10a, Civista Bancshares, Inc. reciprocityDEF 14A0001193125-26-145510Civista Bancshares, Inc.'s most recent proxy was read; its disclosed peer group does not include CNB Financial Corp. Filing ↗
65Section 10a, Peoples Bancorp Inc. reciprocityDEF 14A0000318300-26-000104Peoples Bancorp Inc. names CNB Financial Corp in its own disclosed peer group (read from its most recent proxy). Filing ↗
66Section 10a, Premier Financial Corp. reciprocityDEF 14A0001140361-24-013910Premier Financial Corp.'s most recent proxy was read; its disclosed peer group does not include CNB Financial Corp. Filing ↗
67Section 10a, Stock Yards Bancorp, Inc. reciprocityDEF 14A0001437749-26-007879Stock Yards Bancorp, Inc.'s most recent proxy was read; its disclosed peer group does not include CNB Financial Corp. Filing ↗
68Section 10a, Tompkins Financial Corporation reciprocityDEF 14A0001140361-26-013350Tompkins Financial Corporation names CNB Financial Corp in its own disclosed peer group (read from its most recent proxy). Filing ↗
69Section 10a, Primis Financial Corp. reciprocityDEF 14A0001104659-26-041860Primis Financial Corp. names CNB Financial Corp in its own disclosed peer group (read from its most recent proxy). Filing ↗
70Section 10a, Financial Institutions, Inc. reciprocityDEF 14A0001193125-26-143723Financial Institutions, Inc.'s most recent proxy was read; its disclosed peer group does not include CNB Financial Corp. Filing ↗
71Section 10a, Peoples Financial Services Corp. reciprocityDEF 14A0001104659-26-041794Peoples Financial Services Corp. names CNB Financial Corp in its own disclosed peer group (read from its most recent proxy). Filing ↗
72Section 10a, Park National Corporation reciprocityDEF 14A0000805676-26-000021Park National Corporation's most recent proxy was read; its disclosed peer group does not include CNB Financial Corp. Filing ↗
73Section 10a, City Holding Company reciprocityDEF 14A0000726854-26-000092City Holding Company's most recent proxy was read; its disclosed peer group does not include CNB Financial Corp. Filing ↗
74Section 10a, Mid Penn Bancorp, Inc. reciprocityDEF 14A0001193125-26-128769Mid Penn Bancorp, Inc. names CNB Financial Corp in its own disclosed peer group (read from its most recent proxy). Filing ↗
75Section 10a, S&T Bancorp, Inc. reciprocityDEF 14A0001193125-26-131720S&T Bancorp, Inc. names CNB Financial Corp in its own disclosed peer group (read from its most recent proxy). Filing ↗
76Section 10a, Community Trust Bancorp, Inc. reciprocityDEF 14A0001140361-26-009965Community Trust Bancorp, Inc.'s most recent proxy was read; its disclosed peer group does not include CNB Financial Corp. Filing ↗
77Section 10a, Farmers National Banc Corp. reciprocityDEF 14A0001437749-26-008310Farmers National Banc Corp. names CNB Financial Corp in its own disclosed peer group (read from its most recent proxy). Filing ↗
78Section 10a, Carter Bankshares, Inc. reciprocityDEF 14A0001829576-26-000027Carter Bankshares, Inc. names CNB Financial Corp in its own disclosed peer group (read from its most recent proxy). Filing ↗