Form 4: Citizens & Northern Corp Director Acquires Shares Through Dividend Reinvestment

Director Robert G Loughery acquired 102 shares of Citizens & Northern Corp stock through a dividend reinvestment plan.

Summary

• Robert G Loughery, a director at Citizens & Northern Corp, acquired 102 shares of common stock on November 8, 2024.
• The shares were acquired through a dividend reinvestment plan at a price of $20.435 per share.
• Following the transaction, Mr. Loughery directly owns 9,050 shares.
• He also indirectly owns shares through his spouse and child, though the exact number of shares owned by his spouse and child are not specified in this document.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction, indicating a positive but not overly significant sentiment. The director's participation in the dividend reinvestment plan is a positive sign.

Positives

• The director's participation in the dividend reinvestment plan demonstrates confidence in the company's future.
• The acquisition increases the director's stake in the company.

Industry Context

This is a routine transaction for a director of a publicly traded company. It is common for directors to participate in dividend reinvestment plans.

Comparison to Industry Standards

• Dividend reinvestment plans are a common way for shareholders, including directors, to increase their holdings in a company.
• The transaction is consistent with standard practices for corporate insiders.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders as it demonstrates the director's confidence in the company.

Key Dates

Keywords

dividend reinvestment, insider trading, share acquisition, director, common stock, CZNC, Citizens & Northern Corp