Form 4: Citizens & Northern Corp Executive Glenn Richard James Reports Changes in Beneficial Ownership

Glenn Richard James, EVP Counsel and Corporate Secretary of Citizens & Northern Corp, reports changes in beneficial ownership of company stock due to ESOP dividend reinvestment.

Summary

• Glenn Richard James, an executive at Citizens & Northern Corp (CZNC), filed a Form 4 with the SEC.
• The filing reports changes in his beneficial ownership of the company's common stock.
• On May 20, 2025, James acquired 2 shares of common stock at a price of $19.63 through an exempt acquisition in the ESOP via dividend reinvestment.
• Following the transaction, James directly owns 1,501 shares and indirectly owns 131 shares through the ESOP.

Sentiment

Score: 5

Explanation: Neutral sentiment as the document reports a routine transaction related to executive compensation.

Positives

• The acquisition of shares through dividend reinvestment in the ESOP indicates James' continued investment in the company.

Industry Context

Form 4 filings are routine disclosures required by the SEC to provide transparency into the transactions of company insiders. This filing indicates routine activity related to executive compensation and benefit plans.

Stakeholder Impact

• The transaction has a minimal impact on shareholders as it involves a small number of shares acquired through an existing ESOP.

Key Dates

Keywords

Form 4, Beneficial Ownership, ESOP, Dividend Reinvestment, CZNC, Citizens & Northern Corp, Glenn Richard James, Executive Compensation, SEC Filing