Form 4: Citizens & Northern Corp Director Katherine W. Shattuck Reports Stock Acquisition

Director Katherine W. Shattuck acquired 97 shares of Citizens & Northern Corp common stock through a dividend reinvestment plan.

Summary

• On February 14, 2025, Katherine W. Shattuck, a director of Citizens & Northern Corp, acquired 97 shares of common stock.
• The shares were acquired through a dividend reinvestment plan at a price of $21.575 per share.
• Following the transaction, Shattuck directly owns 7,672 shares of Citizens & Northern Corp.

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 itself is 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 company 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

Keywords

Form 4, Director, CZNC, Citizens & Northern Corp, Shattuck, Dividend Reinvestment Plan, Stock Acquisition, Beneficial Ownership