Citizens & Northern (NASDAQ: CZNC) director adds 110 DRIP shares
Rhea-AI Filing Summary
CITIZENS & NORTHERN CORP (CZNC) director Helen S. Santiago reported automatic acquisitions of common stock through a dividend reinvestment plan. On 2026-08-14, she acquired a total of 110 shares at $25.89 per share in three transactions, increasing her directly held position to 11,187 shares, with additional shares held indirectly as custodian.
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Insider Trade Summary
Net Buyer: 110 shares
Net Buy
3 txns
Insider
Santiago Helen S
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Common Stock F1 | 108 | $25.89 | $3K |
| Other | Common Stock F1 | 1 | $25.89 | $25.89 |
| Other | Common Stock F1 | 1 | $25.89 | $25.89 |
Holdings After Transaction:
Common Stock — 11,187 shares (Direct);
Common Stock — 124 shares (Indirect, As Custodian)
Footnotes (1)
- F1. Shares acquired through reinvestment of cash dividend under a dividend reinvestment plan.
Key Figures
Shares acquired (direct): 108 shares
Shares acquired (indirect, custodian entry 1): 1 share
Shares acquired (indirect, custodian entry 2): 1 share
+3 more
6 metrics
Shares acquired (direct)
108 shares
Common Stock acquired on 2026-08-14 through dividend reinvestment plan
Shares acquired (indirect, custodian entry 1)
1 share
Common Stock held indirectly as custodian, transaction on 2026-08-14
Shares acquired (indirect, custodian entry 2)
1 share
Second indirect custodian Common Stock transaction on 2026-08-14
Total restructuring-related shares
110 shares
Total shares in code J restructuring/acquisition transactions
Price per share
$25.89 per share
Reported transaction price for all three Common Stock acquisitions
Direct holdings after transaction
11,187 shares
Directly held Common Stock following 108-share acquisition on 2026-08-14
Key Terms
dividend reinvestment plan, non-derivative, indirect, nature of ownership
4 terms
dividend reinvestment plan financial
"Shares acquired through reinvestment of cash dividend under a dividend reinvestment plan"
A dividend reinvestment plan lets shareholders automatically use cash dividends to buy more shares of the same company instead of receiving the money. It matters to investors because it turns regular payouts into a steady way to grow ownership and take advantage of compound returns—like having your savings automatically buy additional slices of a pie over time—while often reducing transaction costs and smoothing purchase timing.
non-derivative financial
"transaction_type": "non-derivative","transaction_shares""
indirect financial
""direct_or_indirect": "I","nature_of_ownership": "As Custodian""
nature of ownership financial
""nature_of_ownership": "As Custodian""
FAQ
What insider transactions did CZNC director Helen S. Santiago report?
Helen S. Santiago reported three acquisitions of CITIZENS & NORTHERN CORP common stock on 2026-08-14, all coded as other acquisitions related to a dividend reinvestment plan, totaling 110 shares at a reported price of $25.89 per share.
Were Helen S. Santiago’s CZNC transactions under a Rule 10b5-1 plan?
The filing’s Rule 10b5-1 checkbox is not affirmed (set to false), and the footnote states only that shares were acquired through reinvestment of cash dividends under a dividend reinvestment plan, without referencing a Rule 10b5-1 trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.
