Form 4: Citizens & Northern Corp Director Leo F. Lambert Acquires Shares
SEC Form 4 Filing
Director Leo F. Lambert acquired 1,270 shares of Citizens & Northern Corp common stock at $19.68 per share on April 24, 2025.
Summary
- Leo F. Lambert, a director of Citizens & Northern Corp, reported a transaction involving the company's common stock.
- On April 24, 2025, Lambert acquired 1,270 shares at a price of $19.68 per share.
- This acquisition was in the form of restricted stock.
- Following the transaction, Lambert directly owns 43,204 shares of Citizens & Northern Corp.
- Lambert has granted power of attorney to Melinda S. Kilburn, Elizabeth A. Pivirotto, Amy T. Garraty, Mark A. Hughes, and Mark R. Long to handle SEC filings related to securities transactions.
Sentiment
Score: 5
Explanation: The sentiment is neutral as it reflects a routine transaction disclosure. The director's purchase is a mildly positive signal, but not significantly impactful on its own.
Positives
- The acquisition of shares by a director could be interpreted as a positive signal, indicating confidence in the company's future prospects.
Industry Context
Form 4 filings are routine disclosures required by the SEC to provide transparency regarding insider transactions. They are closely monitored by investors seeking insights into management's perspective on the company's valuation and future performance.
Stakeholder Impact
- The transaction could have a minor positive impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 2025-03-20 | Date of Power of Attorney grant |
| 2025-04-24 | Date of stock transaction |
| 2025-04-25 | Date of Form 4 filing |
Keywords
Citizens & Northern Corp, Director, Leo F. Lambert, Stock Acquisition, Form 4, Restricted Stock, Beneficial Ownership, SEC Filing, Power of Attorney
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.