Statement of Changes in Beneficial Ownership (4)

FORM 4

[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940

1. Name and Address of Reporting Person * LaCarte John J	2. Issuer Name and Ticker or Trading Symbol CB Financial Services, Inc. [ CBFV ]	5. Relationship of Reporting Person(s) to Issuer (Check all applicable) __X__ Director                    _____ 10% Owner _____ Officer (give title below)    _____ Other (specify below)
(Last)          (First)          (Middle) 100 N. MARKET STREET	3. Date of Earliest Transaction (MM/DD/YYYY) 5/11/2020
(Street) CARMICHAELS, PA 15320 (City)        (State)        (Zip)	4. If Amendment, Date Original Filed (MM/DD/YYYY)	6. Individual or Joint/Group Filing (Check Applicable Line) _X _ Form filed by One Reporting Person ___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security (Instr. 3)	2. Trans. Date	2A. Deemed Execution Date, if any	3. Trans. Code (Instr. 8)		4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	5/11/2020		P		150	A	$24.00	34900 (1)(2)	D
Common Stock	5/12/2020		P		144	A	$23.75	28800	I	By Corporations

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Trans. Date	3A. Deemed Execution Date, if any	4. Trans. Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Stock Options	$30.75							12/15/2018	12/15/2027	Common Stock	1115 (3)		1115 (3)	D
Stock Options	$26.45							12/16/2017	12/16/2026	Common Stock	1400 (4)		1400 (4)	D
Stock Options	$22.25							12/16/2016	12/16/2025	Common Stock	5000 (5)		5000 (5)	D

Explanation of Responses:
(1)	Includes shares of restricted stock which vest at a rate of 20% per year commencing on December 14, 2020.
(2)	Includes shares of restricted stock which vest at a rate of 20% per year commencing on December 14, 2019.
(3)	Stock options vest at a rate of 20% per year commencing on December 15, 2018.
(4)	Stock options vest at a rate of 20% per year commencing on December 16, 2017.
(5)	Stock options vest at a rate of 20% per year commencing on December 16, 2016.

Reporting Owners
Reporting Owner Name / Address	Relationships
	Director	10% Owner	Officer	Other
LaCarte John J 100 N. MARKET STREET CARMICHAELS, PA 15320	X

Signatures
/s/ Daniel Lutz, pursuant to power of attorney		5/13/2020
**Signature of Reporting Person		Date