Item 5. Market for Registrant’s Common Equity
ITEM 5. MARKET FOR REGISTRANT'S COMMON EQUITY, RELATED EQUITY, RELATED STOCKHOLDER MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES
The Company’s common stock is traded on the NASDAQ Global Market under the symbol “CBFV.” The approximate number of holders of record of the Company’s common stock as of March 6, 2024, was 606. Certain shares of Company common stock are held in “nominee” or “street” name and accordingly, the number of beneficial owners of such shares is not known or included in the foregoing number.
Equity Compensation Plans
The following table provides information at December 31, 2023, for compensation plans under which equity securities may be issued.
Plan Category Number of securities
to be issued upon
exercise of
outstanding options
warrants and rights Weighted-average
exercise price of
outstanding options
warrants and rights Number of securities
remaining available for
future issuance under
equity compensation
plans (excluding securities
reflected in column (A))
(A) (B) (C)
Equity compensation plans:
Approved by stockholders 337,444 (1)
$ 24.11 (1)
161,464 (2)
Not approved by stockholders — — —
Total 337,444 $ 24.11 161,464
(1) Represents stock options available to be exercised from Treasury Stock under the 2015 Equity Incentive Plan (the "2015 Plan") and stock options granted under the 2021 Equity Incentive Plan (the "2021 Plan") that can be issued from a reserve upon exercise. The 2015 Plan shall remain in effect as long as any awards are outstanding, but as a result of the approval of the 2021 Equity Incentive Plan, no more awards can be granted under the 2015 Plan.
(2) Represents 161,464 shares available under the 2021 Plan (the "Share Limit") that can be issued of which a maximum of 161,464 shares may be issued as stock options or 64,586 shares may be issued as restricted stock awards or units based on the terms of the Plan whereby the Share Limit is reduced, on a one-for-one basis, for each share of common stock subject to a stock option grant, and on a two and one-half-for-one basis for each share of common stock issued pursuant to restricted stock awards or units. At December 31, 2023, 183,440 stock options, and 67,990 restricted shares have been granted under the 2021 Plan.
Issuer Purchases of Equity Securities
The Company did not repurchase any of its equity securities during the three months ended December 31, 2023.
ITEM 6. [RESERVED]
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