Form 4: Citizens & Northern Corp Executive Glenn Richard James Reports Transactions
SEC Form 4 Filing
EVP, Counsel, and Corporate Secretary Glenn Richard James reports transactions involving Citizens & Northern Corp stock, including acquisitions through an ESOP and dividend reinvestment.
Summary
- Glenn Richard James, EVP, Counsel, and Corporate Secretary of Citizens & Northern Corp, filed a Form 4.
- On January 31, 2025, James acquired 128 shares of Common Stock indirectly through an ESOP at a price of $22.19.
- On February 14, 2025, James acquired 1 share of Common Stock directly through reinvestment of a cash dividend at a price of $21.575.
- Following these transactions, James directly owns 1,501 shares and indirectly owns 128 shares through the ESOP.
Sentiment
Score: 5
Explanation: The sentiment is neutral as the filing simply reports routine transactions by an executive.
Positives
- The executive's participation in the dividend reinvestment plan shows confidence in the company's future.
Industry Context
Form 4 filings are a routine part of regulatory compliance for corporate insiders and provide transparency into their transactions in the company's stock.
Stakeholder Impact
- The transactions have a minimal impact on stakeholders as they involve a small number of shares.
Key Dates
| Date | Description |
|---|---|
| 01/31/2025 | Acquisition of 128 shares of Common Stock via year end contribution to ESOP at $22.19 per share. |
| 02/14/2025 | Acquisition of 1 share of Common Stock through reinvestment of cash dividend at $21.575 per share. |
| 02/20/2025 | Date of signature for the report. |
Keywords
Form 4, insider trading, Glenn Richard James, Citizens & Northern Corp, CZNC, ESOP, dividend reinvestment, stock acquisition
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