Form 4: Citizens & Northern Corp Director Bobbi J. Kilmer Acquires Shares
SEC Filing
Director Bobbi J. Kilmer acquired 1,270 shares of Citizens & Northern Corp common stock at $19.68 per share on April 24, 2025.
Summary
- On April 24, 2025, Bobbi J. Kilmer, a director of Citizens & Northern Corp, acquired 1,270 shares of common stock.
- The shares were acquired at a price of $19.68 per share.
- Following the transaction, Kilmer directly owns 16,901 shares of Citizens & Northern Corp.
- The transaction was reported on a Form 4 filing with the SEC.
- Kilmer has granted power of attorney to Melinda S. Kilburn, Elizabeth A. Pivirotto, Amy T. Garraty, Mark A. Hughes, or Mark R. Long to handle SEC filings related to securities transactions.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing. The director's purchase is mildly positive, but not significantly impactful.
Positives
- The acquisition of shares by a director could be seen as a positive signal, indicating confidence in the company's future prospects.
Industry Context
Insider transactions are closely monitored by investors as they can provide insights into management's perspective on the company's valuation and future performance. This transaction is a routine disclosure of a director's stock purchase.
Key Dates
| Date | Description |
|---|---|
| 04/24/2025 | Date of transaction (stock acquisition) and Power of Attorney signing. |
| 04/25/2025 | Date of Form 4 filing. |
Keywords
Form 4, Beneficial Ownership, Director, CZNC, Citizens & Northern Corp, Stock Acquisition, Insider Trading
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