Form 4: Citizens & Northern Corp Executive VP John M Reber Reports Changes in Beneficial Ownership

Executive VP John M Reber reports acquisition of Citizens & Northern Corp shares through dividend reinvestment and ESOP.

Summary

• On August 9, 2024, John M Reber acquired 371 shares of Citizens & Northern Corp common stock at a price of $18.61 per share through a dividend reinvestment plan.
• Following this transaction, Reber directly owns 29,197 shares of common stock.
• On August 14, 2024, Reber acquired 128 shares of common stock at a price of $18.739 per share through the Employee Stock Ownership Plan (ESOP).
• Following this transaction, Reber indirectly owns 8,651 shares of common stock through the ESOP.

Sentiment

Score: 6

Explanation: The sentiment is neutral as the document primarily reports routine transactions related to dividend reinvestment and ESOP participation.

Positives

• The acquisition of shares through dividend reinvestment and ESOP participation indicates confidence in the company's future.

Industry Context

Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.

Stakeholder Impact

• The reported transactions may have a minor positive impact on shareholder confidence due to insider participation in dividend reinvestment and ESOP.

Key Dates