Form 4: Citizens & Northern Corp Director Stephen M. Dorwart Acquires Shares Through Restricted Stock Award

Director Stephen M. Dorwart acquired 1,270 shares of Citizens & Northern Corp common stock through a restricted stock award on April 24, 2025, at a price of $19.68 per share.

Summary

• On April 24, 2025, Stephen M. Dorwart, a director of Citizens & Northern Corp, acquired 1,270 shares of common stock.
• The acquisition was through a restricted stock award at a price of $19.68 per share.
• Following the transaction, Dorwart directly owns 13,050 shares and indirectly owns 6,548 shares through a corporation.
• A power of attorney was executed on March 20, 2025, authorizing Melinda S. Kilburn, Elizabeth A. Pivirotto, Amy T. Garraty, Mark A. Hughes, or Mark R. Long to sign documents on Dorwart's behalf related to SEC filings.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It reflects a standard transaction by a company director. The acquisition of shares can be seen as a slightly positive sign, but it's not a major event.

Positives

• The acquisition of shares by a director could be seen as a positive signal, indicating confidence in the company's future prospects.

Industry Context

Form 4 filings are standard practice for corporate insiders and provide transparency into their transactions in the company's stock. This filing indicates a director's acquisition of shares, which is a common occurrence.

Key Dates

Keywords

Form 4, Beneficial Ownership, Director, Stephen M. Dorwart, Citizens & Northern Corp, CZNC, Restricted Stock, Acquisition