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

Director Katherine W. Shattuck of Citizens & Northern Corp reports purchasing 120 shares of common stock at $18.49 per share on April 4, 2025, under a pre-arranged trading plan.

Summary

• On April 4, 2025, Katherine W. Shattuck, a director of Citizens & Northern Corp, purchased 120 shares of common stock at a price of $18.49 per share.
• Following this transaction, Shattuck directly owns 7,899 shares of Citizens & Northern Corp.
• The purchase was executed under a written plan that became effective on May 1, 2024.
• A power of attorney is in place, authorizing Melinda S. Kilburn, Elizabeth A. Pivirotto, Amy T. Garraty, Mark A. Hughes, or Mark R. Long to act on Shattuck's behalf for SEC filings related to securities transactions.

Sentiment

Score: 5

Explanation: Neutral sentiment as it's a routine transaction under a pre-arranged plan. The purchase itself is a positive signal, but the structured nature reduces its 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 routine disclosures required by the SEC to provide transparency into the transactions of company insiders. These filings are closely watched by investors to gauge sentiment and potential future performance.

Stakeholder Impact

• The transaction provides transparency to shareholders regarding insider trading activity.
• The purchase may have a slightly positive impact on shareholder sentiment.

Key Dates

Keywords

Form 4, Beneficial Ownership, Director, Katherine W. Shattuck, Citizens & Northern Corp, CZNC, Stock Purchase, Section 16, SEC Filing