Form 4: Citizens & Northern Corp Director Katherine W. Shattuck Reports Stock Purchase
SEC Filing
Director Katherine W. Shattuck of Citizens & Northern Corp reports purchasing 107 shares of common stock at $20.1478 per share on March 7, 2025, pursuant to a pre-arranged trading plan.
Summary
- On March 7, 2025, Katherine W. Shattuck, a director of Citizens & Northern Corp, purchased 107 shares of common stock.
- The purchase price was $20.1478 per share.
- This transaction was executed under a pre-existing written trading plan effective May 1, 2024.
- Following the transaction, Shattuck directly owns 7,779 shares of Citizens & Northern Corp common stock.
Sentiment
Score: 6
Explanation: The sentiment is neutral to slightly positive. The director's purchase suggests confidence, but it's a relatively small transaction.
Positives
- The director's purchase of shares could be interpreted as a sign of confidence in the company's future prospects.
Industry Context
Insider transactions are closely monitored by regulators and investors as they can provide insights into a company's performance and future prospects. Purchases by insiders are generally viewed more positively than sales.
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 trading plan. |
| 03/07/2025 | Date of the stock purchase transaction. |
| 03/10/2025 | Date of signature on the Form 4 filing. |
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