Form 4: Citizens & Northern Corp Executive VP Thomas Rudy Jr. Reports Stock Transactions

Executive VP Thomas Rudy Jr. of Citizens & Northern Corp reports the acquisition and disposal of company stock, including transactions related to tax liability and ESOP dividend reinvestment.

Summary

• On February 20, 2025, Thomas L Rudy Jr., Executive VP of Citizens & Northern Corp, reported a transaction involving common stock.
• 141 shares were disposed of to cover tax liability at a price of $21.52 per share.
• Additionally, 171 shares were acquired through dividend reinvestment in the ESOP at a price of $21.6577 per share.
• Following these transactions, Rudy directly owns 37,384 shares and indirectly owns 13,396 shares through the ESOP and 20 shares by child.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing, so the sentiment is neutral.

Positives

• The acquisition of 171 shares through the ESOP dividend reinvestment indicates confidence in the company's future.

Industry Context

Form 4 filings are standard practice and provide transparency into the trading activities of company insiders, which can be a signal to investors.

Stakeholder Impact

• Shareholders may be interested in insider trading activity as an indicator of management's confidence in the company.

Key Dates

Keywords

Form 4, CZNC, Citizens & Northern Corp, Executive VP, Thomas Rudy Jr., Stock Transaction, ESOP, Dividend Reinvestment, Beneficial Ownership