Form 4: Director Katherine W Shattuck Acquires Shares of Citizens & Northern Corp (CZNC)
SEC Form 4 Filing
Katherine W Shattuck, a director of Citizens & Northern Corp, purchased 159 shares of the company's common stock at a price of $17.878 per share on May 3, 2024.
Summary
- On May 3, 2024, Katherine W Shattuck, a director of Citizens & Northern Corp (CZNC), acquired 159 shares of common stock.
- The purchase price was $17.878 per share.
- Following the transaction, Ms. Shattuck directly owns 6,664 shares of Citizens & Northern Corp.
Sentiment
Score: 5
Explanation: Neutral sentiment as it's a standard disclosure of insider trading activity. The purchase itself could be seen as slightly positive, but the document is primarily informational.
Positives
- The director's purchase could be interpreted as a sign of confidence in the company's future prospects.
Industry Context
Form 4 filings are a routine part of regulatory compliance for corporate insiders and are closely watched by investors for signals about company prospects.
Stakeholder Impact
- The transaction may have a minor positive impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 05/03/2024 | Date of transaction: Katherine W Shattuck purchased shares of CZNC. |
| 05/06/2024 | Date of signature on the document. |
| 9/22/23 | Date of power of attorney. |
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