Form 4: Citizens & Northern Corp Director Loughery Acquires Shares and Holds Indirect Ownership
SEC Form 4 Filing
Robert G. Loughery, a director of Citizens & Northern Corp, reports acquiring shares of common stock and holding indirect ownership through spouse and child.
Summary
- On April 24, 2025, Robert G. Loughery, a director of Citizens & Northern Corp, acquired 1,270 shares of common stock at a price of $19.68 per share.
- Following the transaction, Loughery directly owns 10,431 shares.
- Loughery also has indirect ownership of common stock through his spouse (2 shares) and child (375 shares).
Sentiment
Score: 5
Explanation: The document is a routine filing of stock acquisition by a director, indicating a neutral sentiment.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track confidence levels and potential future actions.
Stakeholder Impact
- The acquisition of shares by a director may signal confidence in the company's future prospects to shareholders.
Key Dates
| Date | Description |
|---|---|
| 2025-03-20 | Date of Power of Attorney granted to Melinda S Kilburn, Elizabeth A. Pivirotto, Amy T. Garraty, Mark A. Hughes, or Mark R. Long. |
| 2025-04-24 | Date of transaction: Robert G. Loughery acquired shares of common stock. |
| 2025-04-25 | Date of signature on the Form 4 filing. |
Keywords
Form 4, Beneficial Ownership, Director, Robert G. Loughery, Citizens & Northern Corp, CZNC, Stock Acquisition, Insider Trading
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