Citizens & Northern EVP adds 31 dividend-plan shares
CITIZENS & NORTHERN CORP (CZNC) reported an insider transaction by Executive Vice President Blair T. Rush.
Rhea-AI Filing Summary
CITIZENS & NORTHERN CORP (CZNC) reported an insider transaction by Executive Vice President Blair T. Rush. On 2026-08-20, an exempt acquisition of 31 Common Stock shares occurred at $25.84 per share through an ESOP via dividend reinvestment under a D/R plan, reported as indirect ownership. Following this, Rush indirectly held 2,966 shares through the ESOP and directly held 30,963 shares of Common Stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Other: 31 shares
Other
2 txns
Insider
Rush Blair T
Role
EXECUTIVE VICE PRESIDENT
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Common Stock F1 | 31 | $25.84 | $801.04 |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 2,966 shares (Indirect, by ESOP);
Common Stock — 30,963 shares (Direct)
Footnotes (1)
- F1. Exempt acquisition in ESOP via dividend reinvestment under D/R plan.
Key Figures
Shares acquired: 31 shares of Common Stock
Transaction price per share: $25.84 per share
Indirect holdings after transaction: 2,966 shares
+1 more
4 metrics
Shares acquired
31 shares of Common Stock
Exempt ESOP acquisition via dividend reinvestment on 2026-08-20
Transaction price per share
$25.84 per share
Price for 31 ESOP-acquired Common Stock shares
Indirect holdings after transaction
2,966 shares
Common Stock held indirectly by ESOP after 2026-08-20 acquisition
Direct holdings after transaction
30,963 shares
Common Stock held directly after reported transactions
Key Terms
ESOP, dividend reinvestment, D/R plan, indirect ownership
4 terms
ESOP financial
"Exempt acquisition in ESOP via dividend reinvestment under D/R plan"
An Employee Stock Ownership Plan (ESOP) is a program that gives employees ownership shares in their company, often as part of their benefits package. It acts like a company-sponsored savings plan, allowing workers to have a stake in the company's success, which can boost motivation and loyalty. For investors, ESOPs can influence company decisions and stock value, making them an important aspect of corporate ownership and governance.
dividend reinvestment financial
"Exempt acquisition in ESOP via dividend reinvestment under D/R plan"
Dividend reinvestment is when the money earned from a company's profit sharing, called dividends, is automatically used to buy more shares of that company instead of being received as cash. This process helps investors grow their holdings over time without extra effort, much like using earned interest to buy more of a savings account. It encourages long-term investment growth by continuously increasing the amount of shares owned.
D/R plan financial
"Exempt acquisition in ESOP via dividend reinvestment under D/R plan"
indirect ownership financial
"reported as indirect ownership by ESOP"
FAQ
What insider transaction did CZNC report for Blair T. Rush on 2026-08-20?
CZNC reported that Blair T. Rush had an exempt acquisition of 31 Common Stock shares on 2026-08-20 at $25.84 per share, executed through an ESOP via dividend reinvestment under a D/R plan and reported as indirect ownership.
Was the CZNC insider transaction under a Rule 10b5-1 trading plan?
The filing indicates the Rule 10b5-1 checkbox as false, and the footnote describes the event as an exempt acquisition in ESOP via dividend reinvestment under a D/R plan, not as a 10b5-1 trading plan transaction.
AI-generated analysis. How Rhea-AI works. Not financial advice.