Form 4: Director Susan E. Hartley Reports Changes in Beneficial Ownership of Citizens & Northern Corp (CZNC)
SEC Form 4 Filing
Susan E. Hartley, a director of Citizens & Northern Corp (CZNC), reported a transaction involving common stock on January 31, 2025, according to a Form 4 filing.
Summary
- On January 31, 2025, Susan E. Hartley, a director of Citizens & Northern Corp, reported a transaction involving the company's common stock.
- The transaction involved the disposal of 1,000 shares of common stock at a price of $21.37 per share to cover tax liabilities.
- Following the transaction, Ms. Hartley directly owns 21,375 shares of common stock.
- Ms. Hartley also indirectly owns 1,419 shares through a spouse's IRA.
Sentiment
Score: 5
Explanation: The sentiment is neutral as the filing simply reports a routine transaction related to tax obligations. It doesn't indicate any significant positive or negative developments for the company.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a director's stock activity, which investors may consider when evaluating their investment.
Stakeholder Impact
- The transaction is unlikely to have a significant impact on stakeholders as it is a routine transaction by a director.
Key Dates
| Date | Description |
|---|---|
| 01/31/2025 | Date of stock transaction (disposal of shares). |
| 02/04/2025 | Date of signature on the report. |
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