STOCK TITAN

CITIZENS & NORTHERN (NASDAQ: CZNC) director granted 1,080 restricted shares

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

CITIZENS & NORTHERN CORP director Katherine W. Shattuck received an equity award. On April 23, 2026, she acquired 1,080 shares of common stock as an award of restricted stock at a value of $23.15 per share. Following this grant, she directly holds 10,439 common shares.

Positive

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Negative

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Insider Shattuck Katherine W
Role null
Type Security Shares Price Value
Grant/Award Common Stock 1,080 $23.15 $25K
Holdings After Transaction: Common Stock — 10,439 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Restricted stock award 1,080 shares Common Stock granted on April 23, 2026
Grant value per share $23.15 per share Value used for restricted stock award
Shares held after grant 10,439 shares Total direct common stock holdings post-transaction
Restricted Stock financial
"Award of Restricted Stock."
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
Grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
Common Stock financial
""security_title": "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Shattuck Katherine W

(Last)(First)(Middle)
1171 BARNER ROAD

(Street)
TOWANDA PENNSYLVANIA 18848

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
CITIZENS & NORTHERN CORP [ CZNC ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/23/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock04/23/2026A(1)1,080A$23.1510,439D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Award of Restricted Stock.
/s/ Melinda S. Kilburn for Katherine W. Shattuck, 3/20/25, Attorney-in-Fact04/24/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did CZNC director Katherine Shattuck report?

Katherine W. Shattuck reported receiving an award of restricted stock. She acquired 1,080 shares of CITIZENS & NORTHERN CORP common stock as a grant, rather than through an open-market purchase or sale transaction.

When did the CZNC restricted stock award to Katherine Shattuck occur?

The restricted stock award to Katherine W. Shattuck occurred on April 23, 2026. This date reflects when 1,080 shares of CITIZENS & NORTHERN CORP common stock were granted to her under the company’s equity compensation arrangements.

How many CZNC shares did Katherine Shattuck receive in this Form 4 filing?

Katherine W. Shattuck received 1,080 shares of CITIZENS & NORTHERN CORP common stock. The Form 4 identifies this as a grant or award acquisition, categorized as an award of restricted stock to a company director.

What is Katherine Shattuck’s CZNC shareholding after this restricted stock grant?

After the restricted stock grant, Katherine W. Shattuck directly holds 10,439 shares of CITIZENS & NORTHERN CORP common stock. This total reflects her position following the 1,080-share award reported in the Form 4 filing.

Was the CZNC transaction a market buy or sell by Katherine Shattuck?

The transaction was not a market buy or sell. The Form 4 shows a grant or award acquisition of 1,080 restricted shares, meaning the company awarded stock to director Katherine W. Shattuck rather than her trading shares on the open market.