Form 4: Citizens & Northern Corp Director Katherine W Shattuck Acquires 100 Shares
SEC Form 4 Filing
Director Katherine W Shattuck purchased 100 shares of Citizens & Northern Corp common stock at $18.8103 per share on October 4, 2024, pursuant to a pre-arranged written plan.
Summary
- On October 4, 2024, Katherine W Shattuck, a director of Citizens & Northern Corp, acquired 100 shares of common stock.
- The purchase price was $18.8103 per share.
- The transaction was executed under a pre-existing written plan effective May 1, 2024.
- Following the transaction, Shattuck directly owns 7,449 shares of Citizens & Northern Corp.
Sentiment
Score: 5
Explanation: The sentiment is neutral as it simply reports a transaction. The purchase could be seen as slightly positive, but without more context, it's difficult to gauge the overall impact.
Positives
- The director's purchase of shares could be interpreted as a sign of confidence in the company's future prospects.
Industry Context
Form 4 filings are standard disclosures required by the SEC to ensure transparency in insider trading activities. They provide insights into the actions of company directors and officers, which can be informative for investors.
Stakeholder Impact
- The transaction may have a minor positive impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 05/01/2024 | Effective date of the written plan under which the transaction was made |
| 10/04/2024 | Date of the stock purchase transaction |
| 10/07/2024 | Date of signature for the Form 4 filing |
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