Dividend reinvestment boosts CITIZENS & NORTHERN (CZNC) director Helen Santiago’s shareholdings

Rhea-AI Filing Summary

CITIZENS & NORTHERN CORP director Helen S. Santiago reported several routine ownership updates in Common Stock. On May 15, 2026, a total of 136 shares were acquired through reinvestment of a cash dividend under a dividend reinvestment plan, including custodial holdings reported as indirect ownership.

After these transactions, Santiago’s direct Common Stock holdings were 11,079 shares, with small additional indirect positions reported as custodian. These are classified as “other” transactions on Form 4 rather than open-market purchases or sales.

Insider Trade Summary

3 transactions reported

Mixed 3 txns

Insider Santiago Helen S

Role null

Type	Security	Shares	Price	Value
Other	Common Stock	132	$20.815	$3K
Other	Common Stock	2	$20.815	$41.63
Other	Common Stock	2	$20.815	$41.63

Holdings After Transaction: Common Stock — 11,079 shares (Direct, null); Common Stock — 124 shares (Indirect, As Custodian)

Footnotes (1)

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Key Figures

Restructuring shares: 136 shares Largest single transaction: 132 shares Price per share: $20.815 +4 more

7 metrics

Restructuring shares 136 shares Total shares in Form 4 restructuring-type transactions (code J)

Largest single transaction 132 shares Other transaction in Common Stock on May 15, 2026

Price per share $20.815 Reference price for reported Common Stock transactions

Direct holdings after transaction 11,079 shares Common Stock directly owned after May 15, 2026 transaction

Indirect holdings after transaction 123 shares One custodial indirect Common Stock position following transaction

Indirect holdings after transaction 124 shares Second custodial indirect Common Stock position following transaction

Transaction date May 15, 2026 Date of all reported Common Stock transactions

Key Terms

dividend reinvestment plan, Form 4, indirect 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.

Form 4 regulatory

"The filing classifies all reported transactions on Form 4 as code J."

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

indirect ownership financial

"Some Common Stock holdings are reported as indirect ownership with nature of ownership As Custodian."

transaction code J regulatory

"Transaction code J indicates other acquisition or disposition in this Form 4."

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED 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^*

Santiago Helen S

(Last) (First) (Middle)

263 BRIDGE STREET HILL RD

(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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/15/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	05/15/2026		J(1)	V	132	A	$20.815	11,079	D
Common Stock	05/15/2026		J(1)	V	2	A	$20.815	124	I	As Custodian
Common Stock	05/15/2026		J(1)	V	2	A	$20.815	123	I	As Custodian

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Shares acquired through reinvestment of cash dividend under a dividend reinvestment plan.

	/s/ Melinda S Kilburn for Helen S Santiago, 3/20/25, Attorney-in-Fact	05/21/2026
	** Signature of Reporting Person	Date
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 did CITIZENS & NORTHERN CORP (CZNC) director Helen S. Santiago report on this Form 4?

Helen S. Santiago reported routine ownership updates in CZNC Common Stock. The filing shows several “other” transactions tied to dividend reinvestment, not open-market buying or selling, and updates her direct and indirect share balances following these actions.

How many CITIZENS & NORTHERN CORP (CZNC) shares were involved in Helen Santiago’s latest Form 4?

The Form 4 shows a total of 136 CZNC Common Stock shares categorized as restructuring-type transactions. These include small indirect custodial positions and a larger 132-share entry, all linked to a dividend reinvestment plan according to the footnote.

What is Helen Santiago’s direct shareholding in CITIZENS & NORTHERN CORP (CZNC) after these transactions?

After the reported transactions, Helen Santiago directly holds 11,079 shares of CZNC Common Stock. This figure reflects her updated direct ownership position following the 132-share “other” transaction tied to dividend reinvestment activity on May 15, 2026.

Were Helen Santiago’s CITIZENS & NORTHERN CORP (CZNC) Form 4 transactions open-market buys or sells?

The Form 4 classifies all reported CZNC transactions under code J, meaning “other acquisition or disposition.” A footnote explains the shares were acquired through a dividend reinvestment plan, so they are not open-market purchases or sales.

What does the dividend reinvestment footnote mean for CZNC director Helen Santiago’s Form 4?

The footnote states shares were acquired by reinvesting a cash dividend under a dividend reinvestment plan. This indicates the CZNC share increases for Helen Santiago were automatic plan reinvestments, rather than discretionary trading in the open market.