Citizens & Northern (NASDAQ: CZNC) director adds shares through dividend reinvestment plan
Rhea-AI Filing Summary
CITIZENS & NORTHERN CORP (CZNC) director Aaron K. Singer reported two acquisitions of common stock on August 14, 2026, both arising from the reinvestment of cash dividends under a dividend reinvestment plan. One transaction added 64 shares at $25.96 per share to shares held through a Spouse's IRA, bringing that indirect position to 5,940 shares. The other added 96 shares at $26.08 per share to his directly held account, increasing his direct ownership to 10,545 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 160 shares
Net Buy
2 txns
Insider
SINGER AARON K
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Common Stock F1 | 64 | $25.96 | $2K |
| Other | Common Stock F1 | 96 | $26.08 | $3K |
Holdings After Transaction:
Common Stock — 5,940 shares (Indirect, Spouse's IRA);
Common Stock — 10,545 shares (Direct)
Footnotes (1)
- F1. Shares acquired through reinvestment of cash dividend under a dividend reinvestment plan.
Key Figures
Shares acquired (Spouse's IRA): 64 shares
Price per share (Spouse's IRA acquisition): $25.96 per share
Indirect holdings after transaction (Spouse's IRA): 5,940 shares
+4 more
7 metrics
Shares acquired (Spouse's IRA)
64 shares
Common Stock acquired indirectly on August 14, 2026 via dividend reinvestment plan
Price per share (Spouse's IRA acquisition)
$25.96 per share
Dividend reinvestment acquisition of 64 Common Stock shares
Indirect holdings after transaction (Spouse's IRA)
5,940 shares
Total CITIZENS & NORTHERN CORP common shares held indirectly after August 14, 2026
Shares acquired (direct)
96 shares
Common Stock acquired directly on August 14, 2026 via dividend reinvestment plan
Price per share (direct acquisition)
$26.08 per share
Dividend reinvestment acquisition of 96 Common Stock shares
Direct holdings after transaction
10,545 shares
Total CITIZENS & NORTHERN CORP common shares held directly after August 14, 2026
Total restructuring shares
160 shares
Total shares involved in code J transactions identified as restructuring/dividend reinvestment
Key Terms
dividend reinvestment plan, Spouse's IRA, indirect ownership
3 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.
Spouse's IRA financial
"nature_of_ownership: Spouse's IRA for indirect holdings"
indirect ownership financial
"ownership_type: indirect with nature of ownership Spouse's IRA"
FAQ
What did CZNC director Aaron K. Singer report in this Form 4?
He reported two acquisitions of CITIZENS & NORTHERN CORP common stock totaling 160 shares on August 14, 2026, both resulting from dividend reinvestment plan activity, increasing both his direct and indirect holdings.
What is Aaron K. Singer’s direct ownership in CZNC after these transactions?
After the August 14, 2026 dividend reinvestment transaction, Aaron K. Singer directly holds 10,545 shares of CITIZENS & NORTHERN CORP common stock, following the acquisition of 96 shares at $26.08 per share.
AI-generated analysis. How Rhea-AI works. Not financial advice.
