Form 4: Citizens & Northern Corp Executive Blair T Rush Reports Acquisition of Shares Through Dividend Reinvestment

Sentiment:

SEC Form 4 Filing


Executive Vice President Blair T Rush reports acquiring 30 shares of Citizens & Northern Corp through a dividend reinvestment plan.

Summary

  • On August 14, 2024, Blair T Rush, an Executive Vice President at Citizens & Northern Corp, acquired 30 shares of common stock through a dividend reinvestment plan.
  • The price per share was $18.739.
  • Following the transaction, Rush directly owns 25,817 shares and indirectly owns 2,047 shares through an ESOP.

Sentiment

Score: 6

Explanation: The sentiment is neutral as it reports a routine transaction (dividend reinvestment) by an executive. It doesn't indicate any significant positive or negative outlook for the company.

Positives

  • The acquisition of shares through a dividend reinvestment plan demonstrates Rush's continued investment in the company.

Industry Context

Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives and directors. This particular filing reflects a standard dividend reinvestment, a common practice.

Key Dates

DateDescription
08/14/2024Date of transaction: acquisition of shares through dividend reinvestment.
08/26/2024Date of signature on the report.

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