CZNC officer adds 108 shares via dividends
CITIZENS & NORTHERN CORP (CZNC) officer Stan R. Dunsmore reported indirect acquisitions of common stock linked to dividend reinvestment.
Rhea-AI Filing Summary
CITIZENS & NORTHERN CORP (CZNC) officer Stan R. Dunsmore reported indirect acquisitions of common stock linked to dividend reinvestment. On August 20, 2026, 107 shares were acquired in an ESOP at $25.84 per share, and on August 14, 2026, 1 share was acquired for a child’s account at $25.89 per share, both through dividend reinvestment plans. Following these events, reported positions include 23,700 shares held directly, 10,034 shares held via ESOP, and 93 shares held indirectly through a child.
Positive
- None.
Negative
- None.
Insider Trade Summary
Other: 108 shares
Other
3 txns
Insider
Dunsmore Stan R
Role
EXEC. VP, CHIEF CREDIT OFFICER
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Common Stock F2 | 107 | $25.84 | $3K |
| Other | Common Stock F1 | 1 | $25.89 | $25.89 |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 93 shares (Indirect, By Child);
Common Stock — 10,034 shares (Indirect, By ESOP);
Common Stock — 23,700 shares (Direct)
Footnotes (2)
- F1. Shares acquired through reinvestment of cash dividend under a dividend reinvestment plan.
- F2. Exempt acquisition in ESOP via dividend reinvestment under D/R plan.
Key Figures
Shares acquired via ESOP dividend reinvestment: 107 shares at $25.84 per share
Shares acquired via child account dividend reinvestment: 1 share at $25.89 per share
Direct holdings after transaction: 23,700 shares
+3 more
6 metrics
Shares acquired via ESOP dividend reinvestment
107 shares at $25.84 per share
Indirect acquisition on 2026-08-20, nature of ownership: By ESOP
Shares acquired via child account dividend reinvestment
1 share at $25.89 per share
Indirect acquisition on 2026-08-14, nature of ownership: By Child
Direct holdings after transaction
23,700 shares
Common Stock, direct ownership as of 2026-08-14
Indirect ESOP holdings after transaction
10,034 shares
Common Stock held indirectly by ESOP after 2026-08-20
Indirect child account holdings after transaction
93 shares
Common Stock held indirectly by Child after 2026-08-14
Restructuring-related acquisitions
108 shares
Total restructuringCount shares in transaction summary, code J transactions
Key Terms
dividend reinvestment plan, ESOP, indirect ownership, transaction code J
4 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.
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.
indirect ownership financial
"ownership_type": "indirect","ownership_code": "I""
transaction code J financial
"transaction_code": "J","transaction_code_description": "Other acquisition or disposition""
FAQ
What insider transactions did CZNC executive Stan R. Dunsmore report?
Stan R. Dunsmore reported indirect acquisitions of CITIZENS & NORTHERN CORP common stock: 107 shares via an ESOP on August 20, 2026, and 1 share for a child’s account on August 14, 2026, both tied to dividend reinvestment arrangements.
What are Stan R. Dunsmore’s reported CZNC holdings after these transactions?
After the reported transactions, holdings include 23,700 CZNC common shares held directly, 10,034 shares held indirectly via an ESOP, and 93 shares held indirectly through a child’s account, as disclosed in the Form 4.
Were the CZNC insider transactions made under a Rule 10b5-1 trading plan?
The filing indicates the Rule 10b5-1 checkbox as false, and the footnotes describe the acquisitions as dividend reinvestment transactions and exempt ESOP acquisitions, not as trades executed under a Rule 10b5-1 trading plan.
What transaction code was used for the CZNC insider acquisitions?
Both acquisitions of CZNC common stock used transaction code J, described as “Other acquisition or disposition,” with footnotes clarifying they were dividend reinvestment and an exempt ESOP acquisition under a dividend reinvestment plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.
