CNB Director Gary Olson Sells $693K in Shares
The transaction reduced Olson’s direct holdings but left substantial investments in retirement accounts and family trusts.
December 15, 2025
CNB Financial Director Sells 25,000 Shares in December Transaction
On December 12, 2025, CNB Financial Director Gary S. Olson sold 25,000 shares of CNB common stock at $27.75 per share. The trade, totaling just under $694,000, was executed as part of a pre-arranged Rule 10b5-1 trading plan—an approach often used to ensure transparency and reduce the risk of conflicts tied to insider activity.
Even with the sale, Olson continues to hold a meaningful stake in CNB. His direct ownership now stands at 52,808 shares.
In addition, he maintains indirect exposure through retirement accounts and family assets:
- 37,012 shares held in a 401(k) plan
- 227 shares held across two IRAs in his spouse’s name
The filing shows no activity in derivative securities and no amendments to prior disclosures. It’s a single transaction, not part of a pattern, and it leaves Olson with continued alignment to the company’s performance.
The structured use of a trading plan and the mix of direct and indirect holdings suggest a personal rebalancing decision—whether for liquidity, tax strategy, or broader portfolio management. Whatever the motivation, the update provides a clear snapshot of Olson’s current position in CNB and gives investors visibility into insider activity as 2025 closes out.
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