Form 4: Citizens & Northern Corp Director Loughery Acquires Shares Through Dividend Reinvestment
SEC Form 4 Filing
Director Robert G Loughery increased his holdings in Citizens & Northern Corp through a dividend reinvestment plan.
Summary
- On February 14, 2025, Robert G Loughery, a director of Citizens & Northern Corp, acquired 111 shares of common stock through a dividend reinvestment plan.
- The price per share was $21.575.
- Following the transaction, Loughery directly owns 9,161 shares of Citizens & Northern Corp.
- Loughery also indirectly owns shares through his spouse (2 shares) and child (375 shares).
Sentiment
Score: 7
Explanation: The sentiment is neutral to slightly positive. The director's participation in the dividend reinvestment plan suggests confidence in the company, but the transaction is relatively small and routine.
Positives
- The director's participation in the dividend reinvestment plan signals confidence in the company's future.
Future Outlook
There is no future outlook provided in this document.
Industry Context
Form 4 filings are standard disclosures required by the SEC when insiders (directors, officers, or those holding 10% or more of a company's shares) buy or sell their company's stock. These filings provide transparency to the market regarding insider transactions.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it involves a small number of shares acquired through a dividend reinvestment plan.
Key Dates
| Date | Description |
|---|---|
| 02/14/2025 | Date of transaction: Robert G Loughery acquired shares through dividend reinvestment. |
| 02/20/2025 | Signature date of the form. |
Keywords
Citizens & Northern Corp, Director, Loughery, Dividend Reinvestment, CZNC, Share Acquisition, Form 4
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