Form 4: Citizens & Northern Corp Director Katherine W Shattuck Acquires Additional Shares Through Dividend Reinvestment

Director Katherine W Shattuck increased her holdings in Citizens & Northern Corp through a dividend reinvestment plan, acquiring 91 shares at $18.61 each.

Summary

• On August 9, 2024, Katherine W Shattuck, a director of Citizens & Northern Corp, acquired 91 shares of common stock through a dividend reinvestment plan.
• The shares were purchased at a price of $18.61 per share.
• Following the transaction, Shattuck directly owns 7,252 shares of Citizens & Northern Corp.
• The transaction was reported on August 16, 2024.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive. The director's participation in the dividend reinvestment plan is a positive signal, but the transaction is relatively small and routine.

Positives

• The director's participation in the dividend reinvestment plan signals confidence in the company's future.

Industry Context

Directors purchasing shares in their own companies is generally seen as a positive sign, indicating confidence in the company's prospects. Dividend reinvestment plans are a common way for shareholders, including directors, to increase their holdings.

Stakeholder Impact

• The transaction could have a slightly positive impact on shareholders due to the director's increased stake in the company.

Key Dates