Charitable stock gift by Citizens & Northern (CZNC) director Shattuck
Rhea-AI Filing Summary
Citizens & Northern Corp director Katherine W. Shattuck reported an insider transaction involving the company’s common stock. On January 2, 2026, she made a charitable gift of 500 shares of Citizens & Northern common stock, reported with transaction code G at a stated price of $0 per share, reflecting that it was a gift rather than a sale for value.
After this transaction, Shattuck beneficially owns 9,189 shares of Citizens & Northern common stock, held directly. The filing identifies her relationship to the company as a director and confirms that the transaction was a personal charitable donation.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock | 500 | $0.00 | $0.00 |
Footnotes (1)
- F1. Represents a charitable gift by the Reporting Person.
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FAQ
What insider transaction did CZNC report for Katherine W. Shattuck?
The filing reports that director Katherine W. Shattuck made a charitable gift of 500 shares of Citizens & Northern Corp common stock on January 2, 2026, using transaction code G.
What does transaction code G mean in the CZNC Form 4 filing?
Transaction code G in the Form 4 indicates a bona fide gift of securities, which in this case was a charitable gift of Citizens & Northern common stock.
Did Katherine W. Shattuck receive any proceeds from the CZNC stock transfer?
No cash proceeds are reported. The Form 4 shows a price of $0 per share, consistent with a charitable gift rather than a sale.
What is Katherine W. Shattuck’s relationship to Citizens & Northern Corp (CZNC)?
The Form 4 identifies Katherine W. Shattuck as a director of Citizens & Northern Corp and not a 10% owner or officer.