Form 4: Citizens & Northern Corp Director Leo F Lambert Acquires Additional Shares Through Dividend Reinvestment

Director Leo F Lambert increased his holdings in Citizens & Northern Corp through a dividend reinvestment plan, acquiring 156 shares at $21.74 each.

Summary

• On February 14, 2025, Leo F Lambert, a director of Citizens & Northern Corp, acquired 156 shares of common stock through a dividend reinvestment plan.
• The shares were purchased at a price of $21.74 per share.
• Following the transaction, Lambert's direct ownership in Citizens & Northern Corp amounts to 41,934 shares.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive. A director increasing their stake through a dividend reinvestment plan is generally viewed favorably, indicating confidence in the company's performance.

Positives

• The director's participation in the dividend reinvestment plan signals confidence in the company's future.

Industry Context

Dividend reinvestment plans are a common way for shareholders, including directors, to increase their stake in a company, often seen as a positive sign.

Stakeholder Impact

• The transaction could have a slightly positive impact on shareholders as it signals confidence from a company director.

Key Dates

Keywords

Citizens & Northern Corp, Director, Leo F Lambert, Dividend Reinvestment Plan, Share Acquisition, Form 4, CZNC