CITIZENS & NORTHERN (NASDAQ: CZNC) director granted 1,080 restricted shares
Filing Impact
Filing Sentiment
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
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
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)
- [object Object]
Key Figures
Restricted stock award: 1,080 shares
Grant value per share: $23.15 per share
Shares held after grant: 10,439 shares
3 metrics
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
Key Terms
Restricted Stock, Grant, award, or other acquisition, Common Stock
3 terms
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.
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.
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.