Form 4: Citizens & Northern Corp Director Katherine W. Shattuck Reports Acquisition of Common Stock
SEC Form 4 Filing
Director Katherine W. Shattuck reports acquiring 1,270 shares of Citizens & Northern Corp common stock at $19.68 per share on April 24, 2025, and now beneficially owns 9,169 shares.
Summary
- On April 24, 2025, Katherine W. Shattuck, a director of Citizens & Northern Corp, acquired 1,270 shares of common stock.
- The acquisition price was $19.68 per share.
- This transaction resulted in Shattuck beneficially owning 9,169 shares of Citizens & Northern Corp common stock following the reported transaction.
- The acquisition was in the form of a restricted stock award.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It's a standard disclosure of stock acquisition by a director, which doesn't inherently indicate positive or negative sentiment.
Industry Context
Form 4 filings are standard disclosures required by the SEC to ensure transparency in insider trading activities. This filing indicates a director's acquisition of company stock, which can be interpreted as a sign of confidence in the company's future prospects.
Stakeholder Impact
- The acquisition of shares by a director could be viewed positively by shareholders, potentially increasing investor confidence.
Key Dates
| Date | Description |
|---|---|
| 04/24/2025 | Date of transaction: Acquisition of common stock |
| 04/25/2025 | Date of report |
Keywords
Citizens & Northern Corp, Katherine W. Shattuck, Director, Common Stock, Beneficial Ownership, Form 4, CZNC, Restricted Stock
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