Citizens & Northern director acquires 57 shares
CITIZENS & NORTHERN CORP (CZNC) director Stephen M. Dorwart reported an acquisition of 57 shares of common stock on August 14, 2026.
Rhea-AI Filing Summary
CITIZENS & NORTHERN CORP (CZNC) director Stephen M. Dorwart reported an acquisition of 57 shares of common stock on August 14, 2026. According to a footnote, these shares were acquired through reinvestment of a cash dividend under a dividend reinvestment plan at $25.96 per share, bringing his directly held stake to 14,531 shares. He also reports 4,270 shares of common stock held indirectly "By Corporation."
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Insider Trade Summary
Other: 57 shares
Other
2 txns
Insider
Dorwart Stephen M
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Common Stock F1 | 57 | $25.96 | $1K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 14,531 shares (Direct);
Common Stock — 4,270 shares (Indirect, By Corporation)
Footnotes (1)
- F1. Shares acquired through reinvestment of cash dividend under a dividend reinvestment plan.
Key Figures
Shares acquired: 57 shares of Common Stock
Transaction price per share: $25.96 per share
Direct holdings after transaction: 14,531 shares
+1 more
4 metrics
Shares acquired
57 shares of Common Stock
Acquired on August 14, 2026 via dividend reinvestment plan
Transaction price per share
$25.96 per share
Price reported for the 57 shares acquired on August 14, 2026
Direct holdings after transaction
14,531 shares
Total directly owned CZNC common shares following the acquisition
Indirect holdings
4,270 shares
CZNC common shares held indirectly, nature of ownership "By Corporation"
Key Terms
dividend reinvestment plan, indirect, nature of ownership, transaction code J
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.
indirect financial
"total_shares_following_transaction 4,270.0000, direct_or_indirect I"
nature of ownership financial
"nature_of_ownership By Corporation"
transaction code J regulatory
"transaction_code J, Other acquisition or disposition"
FAQ
What insider transaction did CZNC director Stephen M. Dorwart report?
Stephen M. Dorwart reported acquiring 57 shares of CITIZENS & NORTHERN CORP common stock on August 14, 2026 through a dividend reinvestment plan, at a reported price of $25.96 per share.
Was the August 14, 2026 CZNC transaction a market purchase or something else?
The August 14, 2026 transaction was not a market purchase. A footnote states the 57 shares were acquired through reinvestment of a cash dividend under a dividend reinvestment plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.