Director buys Citizens & Northern (NASDAQ: CZNC) stock under plan

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Citizens & Northern Corp director Katherine W. Shattuck reported an open-market purchase of common stock. On April 6, 2026, she bought 20 shares of Citizens & Northern common stock at $22.5451 per share, increasing her direct holdings to 9,359 shares.

The filing notes that this transaction was made pursuant to a written trading plan that became effective on May 1, 2025, indicating the purchase was pre-arranged rather than a spontaneous market decision.

Insider Trade Summary 10b5-1

Net Buyer: 20 shares ($451)

Net Buy 1 txn

Insider Shattuck Katherine W

Role Director

Bought 20 shs ($450.90)

Type	Security	Shares	Price	Value
Purchase	Common Stock	20	$22.5451	$450.90

Holdings After Transaction: Common Stock — 9,359 shares (Direct)

Footnotes (1)

[object Object]

Key Figures

Shares purchased: 20 shares Purchase price: $22.5451 per share Shares owned after transaction: 9,359 shares +2 more

5 metrics

Shares purchased 20 shares Open-market purchase of common stock on April 6, 2026

Purchase price $22.5451 per share Price paid for CZNC common stock in Form 4 transaction

Shares owned after transaction 9,359 shares Total direct holdings following the reported purchase

Net buy shares 20 shares transactionSummary netBuySellShares for this Form 4

Trading plan effective date May 1, 2025 Written plan under which the transaction was executed

Key Terms

open-market purchase, Common Stock, written plan, net-buy

4 terms

open-market purchase financial

"transaction_action: "open-market purchase" for the common stock trade"

An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.

Common Stock financial

"security_title is listed as "Common Stock" in the transaction details"

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.

written plan financial

"footnote states the transaction was made pursuant to a written plan"

net-buy financial

"transactionSummary records netBuySellDirection as "net-buy""

Form 4 Insider Transactions: What Each Field Means →

04/07/2026 - 12:19 PM

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^*

Shattuck Katherine W

(Last)

(First)

(Middle)

1171 BARNER ROAD

(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)
04/06/2026

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	04/06/2026		P⁽¹⁾		20	A	$22.5451	9,359	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. This transaction was made pursuant to a written plan that became effective 5/1/25.

	/s/ Melinda Kilburn for Katherine W Shattuck, 03.20.25, Attorney-in-Fact	04/07/2026
	** 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)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did CZNC director Katherine W. Shattuck report?

Katherine W. Shattuck reported buying 20 shares of Citizens & Northern common stock. The open-market purchase occurred at $22.5451 per share, modestly increasing her direct ownership stake in the company as disclosed in the Form 4 insider trading report.

At what price did Katherine W. Shattuck buy CZNC shares?

She bought the Citizens & Northern common shares at $22.5451 per share. This specific per-share price reflects the cost of the 20-share open-market purchase reported, giving investors a clear reference point for the insider’s recent transaction.

How many CZNC shares does Katherine W. Shattuck own after this trade?

After the reported transaction, Katherine W. Shattuck directly owns 9,359 shares of Citizens & Northern common stock. This figure, disclosed in the Form 4, represents her total direct holdings following the 20-share open-market purchase on April 6, 2026.

Was the CZNC director’s stock purchase made under a trading plan?

Yes. The filing states the transaction was made under a written plan that became effective May 1, 2025. This indicates the 20-share Citizens & Northern purchase was pre-arranged, reducing the significance of timing as a discretionary market signal.

What type of transaction code is shown in this CZNC Form 4?

The Form 4 lists transaction code P, which represents an open-market or private purchase of common stock. This confirms that Katherine W. Shattuck’s reported activity was a straightforward buy transaction rather than an option exercise, gift, or tax-related share disposition.

Is this CZNC Form 4 transaction considered a net buy or sell?

The summarized activity is a net buy of 20 shares of Citizens & Northern. The transactionSummary section shows one purchase, no sales, and netBuySellDirection recorded as net-buy, reflecting only this small open-market acquisition of common stock.