Form 4: Citizens & Northern Corp Director Loughery Acquires Additional Shares Through Dividend Reinvestment
SEC Form 4
Director Robert G. Loughery increased his holdings in Citizens & Northern Corp through a dividend reinvestment plan.
Summary
- On August 9, 2024, Robert G. Loughery, a director of Citizens & Northern Corp, acquired 110 shares of common stock at a price of $18.61 per share through a dividend reinvestment plan.
- Following this transaction, Loughery directly owns 8,948 shares of Citizens & Northern Corp.
- Loughery also indirectly owns 2 shares through a spouse and 375 shares through a child.
Sentiment
Score: 7
Explanation: Routine transaction indicating director's continued investment in the company, generally viewed as a positive sign.
Positives
- Director Loughery's participation in the dividend reinvestment plan demonstrates confidence in the company.
Industry Context
Directors participating in dividend reinvestment plans are common practice and generally viewed positively by the market.
Stakeholder Impact
- The transaction could have a slightly positive impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 08/09/2024 | Date of transaction: Robert G. Loughery acquired 110 shares of common stock. |
| 08/16/2024 | Signature date of the form. |
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