Citizens & Northern (CZNC) director adds 208 shares under trading plan
Rhea-AI Filing Summary
CITIZENS & NORTHERN CORP director Frank G. Pellegrino purchased 208 shares of Common Stock on 2026-08-07 at $25.215 per share in an open-market or private transaction. Following this purchase, he directly holds 51,108 shares. The trade was made pursuant to a written Rule 10b5-1 trading plan that became effective on 5/1/26.
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Insider Trade Summary 10b5-1
Net Buyer: 208 shares
Net Buy
1 txn
Insider
Pellegrino Frank G
Role
Director
Bought
208 shs ($5K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock F1 | 208 | $25.215 | $5K |
Holdings After Transaction:
Common Stock — 51,108 shares (Direct)
Footnotes (1)
- F1. This transaction was made pursuant to a written plan that became effective 5/1/26.
Key Figures
Shares purchased: 208 shares
Purchase price: $25.215 per share
Post-transaction holdings: 51,108 shares
+1 more
4 metrics
Shares purchased
208 shares
Non-derivative Common Stock acquired on 2026-08-07
Purchase price
$25.215 per share
Price for 208 Common Stock shares bought on 2026-08-07
Post-transaction holdings
51,108 shares
Direct ownership of Common Stock after the reported purchase
Trading plan effective date
5/1/26
Effective date of written Rule 10b5-1 trading plan governing this trade
Key Terms
Rule 10b5-1 trading plan, Common Stock, non-derivative
3 terms
Rule 10b5-1 trading plan regulatory
"The trade was made pursuant to a written Rule 10b5-1 trading plan"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
Common Stock financial
"purchased 208 shares of Common Stock on 2026-08-07"
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.
non-derivative financial
"208 Common Stock shares acquired in a non-derivative transaction"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did CZNC director Frank G. Pellegrino report?
Frank G. Pellegrino reported purchasing 208 shares of CITIZENS & NORTHERN CORP Common Stock. The transaction occurred on 2026-08-07 as an open-market or private purchase at a reported price of $25.215 per share.
Was the recent CZNC insider trade made under a trading plan?
Yes. The transaction was made pursuant to a written trading plan that became effective on 5/1/26. The filing also affirms it as a Rule 10b5-1 trading plan, indicating the purchase followed a pre-established schedule.
What type of security did the CZNC insider buy on 2026-08-07?
Frank G. Pellegrino acquired Common Stock of CITIZENS & NORTHERN CORP. The transaction involved 208 non-derivative shares purchased in an open-market or private transaction at a price of $25.215 per share.