Form 4: Citizens & Northern Corp Director Katherine W Shattuck Reports Stock Purchase
SEC Form 4 Filing
Director Katherine W Shattuck of Citizens & Northern Corp reports purchasing 28 shares of common stock at $19.17 per share on May 2, 2025, pursuant to a pre-arranged written plan.
Summary
- On May 2, 2025, Katherine W Shattuck, a director of Citizens & Northern Corp, purchased 28 shares of common stock.
- The purchase price was $19.17 per share.
- This transaction was executed under a pre-existing written plan that became effective on May 1, 2025.
- Following the transaction, Shattuck directly owns 9,197 shares of Citizens & Northern Corp common stock.
Sentiment
Score: 6
Explanation: Neutral sentiment as it's a routine disclosure of a stock purchase by a director under a pre-arranged plan. It doesn't inherently indicate positive or negative news.
Positives
- The purchase by a director may signal confidence in the company's prospects.
- The transaction was executed under a pre-arranged written plan, indicating transparency and avoiding concerns about insider trading.
Industry Context
Form 4 filings are routine disclosures required by the SEC to ensure transparency in trading by corporate insiders. They provide insights into the actions of company directors and officers, which can be informative for investors.
Key Dates
| Date | Description |
|---|---|
| 05/01/2025 | Effective date of the written plan for stock purchase. |
| 05/02/2025 | Date of stock purchase transaction. |
| 05/05/2025 | Date of signature for the Form 4 filing. |
Keywords
Form 4, Beneficial Ownership, Director, Stock Purchase, CZNC, Citizens & Northern Corp, Shattuck
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