Citizens & Northern (CZNC) director boosts holdings with 197 dividend reinvestment shares

Rhea-AI Filing Summary

Citizens & Northern Corp director Aaron K. Singer increased his holdings through dividend reinvestment. On May 15, 2026, 197 shares of Common Stock were acquired via a dividend reinvestment plan at prices between $20.30 and $20.85 per share. The transactions include 77 shares credited to a spouse’s IRA, reported as indirect ownership. Following these reinvestments, Singer holds 10,449 shares directly and 5,876 shares indirectly through the spouse’s IRA.

Insider Trade Summary

3 transactions reported

Mixed 3 txns

Insider SINGER AARON K

Role null

Type	Security	Shares	Price	Value
Other	Common Stock	77	$20.85	$2K
Other	Common Stock	17	$20.815	$353.86
Other	Common Stock	103	$20.30	$2K

Holdings After Transaction: Common Stock — 5,876 shares (Indirect, Spouse's IRA); Common Stock — 10,346 shares (Direct, null)

Footnotes (1)

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Key Figures

Reinvestment shares: 197 shares Reinvestment price tranche 1: $20.30/share Reinvestment price tranche 2: $20.815/share +3 more

6 metrics

Reinvestment shares 197 shares Total common shares acquired via dividend reinvestment on May 15, 2026

Reinvestment price tranche 1 $20.30/share 103 common shares credited under dividend reinvestment

Reinvestment price tranche 2 $20.815/share 17 common shares credited under dividend reinvestment

Reinvestment price tranche 3 $20.85/share 77 common shares credited to spouse's IRA

Direct holdings post-transaction 10,449 shares Common Stock directly owned after May 15, 2026 transactions

Indirect holdings post-transaction 5,876 shares Common Stock held indirectly through spouse's IRA after transactions

Key Terms

dividend reinvestment plan, Form 4, indirect ownership

3 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

"INSIDER FILING DATA (Form 4): {"

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

"transaction_type": "non-derivative", ... "direct_or_indirect": "I", "nature_of_ownership": "Spouse's IRA""

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^*

SINGER AARON K

(Last) (First) (Middle)

77 GREENBRIAR DRIVE

(Street)

WELLSBORO PENNSYLVANIA 16901

(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	77	A	$20.85	5,876	I	Spouse's IRA
Common Stock	05/15/2026		J(1)	V	17	A	$20.815	10,346	D
Common Stock	05/15/2026		J(1)	V	103	A	$20.3	10,449	D

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 Aaron K Singer, 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 insider activity did CITIZENS & NORTHERN (CZNC) report for Aaron K. Singer?

Director Aaron K. Singer reported acquiring 197 CZNC common shares through a dividend reinvestment plan on May 15, 2026. The transactions reflect automatic dividend reinvestment rather than open-market buying or selling activity.

At what prices were the CZNC dividend reinvestment shares recorded for Aaron K. Singer?

The dividend reinvestment shares were recorded at prices between $20.30 and $20.85 per CZNC share. These prices apply to separate tranches within the 197-share total credited on May 15, 2026.

How many CZNC shares does Aaron K. Singer hold after the reported Form 4 transactions?

After these transactions, Aaron K. Singer holds 10,449 CZNC common shares directly and 5,876 shares indirectly. The indirect holdings are reported as being held in a spouse’s IRA account.

What is the nature of the indirect CZNC ownership reported for Aaron K. Singer?

The Form 4 identifies 5,876 CZNC shares as indirectly owned through a spouse’s IRA. On May 15, 2026, 77 of the 197 reinvested dividend shares were credited to this spouse IRA account.

Were Aaron K. Singer’s CZNC transactions open-market purchases or sales?

No. The Form 4 footnote explains the 197 CZNC shares were acquired through reinvestment of cash dividends under a dividend reinvestment plan, rather than through open-market purchases or sales.