Form 4: Director Shattuck Increases Stake in Citizens & Northern Corp (CZNC) Through Dividend Reinvestment
SEC Form 4 Filing
Katherine W Shattuck, a director of Citizens & Northern Corp, acquired 83 shares of common stock through a dividend reinvestment plan.
Summary
- On May 17, 2024, Katherine W Shattuck, a director of Citizens & Northern Corp (CZNC), acquired 83 shares of common stock.
- The shares were acquired through a dividend reinvestment plan at a price of $18.475 per share.
- Following the transaction, Shattuck directly owns 6,841 shares of CZNC.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It reflects a routine transaction (dividend reinvestment) by a director, indicating a continued stake in the company but not necessarily a strong positive or negative signal.
Positives
- The director's participation in the dividend reinvestment plan signals confidence in the company's future.
Industry Context
Directors commonly participate in dividend reinvestment plans, which is a standard method for increasing their stake in the company without making open market purchases.
Key Dates
| Date | Description |
|---|---|
| 05/17/2024 | Date of transaction: Director Shattuck acquired 83 shares of CZNC through dividend reinvestment. |
| 05/28/2024 | Date of signature of the report. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.