Citizens & Northern (NASDAQ: CZNC) director adds dividend reinvestment shares
Rhea-AI Filing Summary
CITIZENS & NORTHERN CORP (CZNC) director Robert G. Loughery reported an other acquisition of common stock on August 14, 2026. He acquired 114 shares of common stock at $25.89 per share, with the footnote stating these shares were obtained through reinvestment of a cash dividend under a dividend reinvestment plan.
After this transaction, Loughery held 12,250 common shares directly. He also reported indirect ownership of 2 shares held by his spouse and 375 shares held by a child.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 114 shares
Net Buy
3 txns
Insider
Loughery Robert G
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Common Stock F1 | 114 | $25.89 | $3K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 12,250 shares (Direct);
Common Stock — 2 shares (Indirect, By Spouse);
Common Stock — 375 shares (Indirect, By Child)
Footnotes (1)
- F1. Shares acquired through reinvestment of cash dividend under a dividend reinvestment plan.
Key Figures
Shares acquired: 114 shares of Common Stock
Transaction price per share: $25.89 per share
Direct holdings after transaction: 12,250 shares
+2 more
5 metrics
Shares acquired
114 shares of Common Stock
Other acquisition on August 14, 2026 via dividend reinvestment plan
Transaction price per share
$25.89 per share
Price for 114 acquired shares of Common Stock
Direct holdings after transaction
12,250 shares
Common Stock directly owned by Robert G. Loughery after acquisition
Indirect holdings by spouse
2 shares
Common Stock indirectly owned by spouse
Indirect holdings by child
375 shares
Common Stock indirectly owned by child
Key Terms
dividend reinvestment plan, indirect ownership, transaction code J
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.
indirect ownership financial
"Indirect ownership reported as By Spouse and By Child holdings."
transaction code J regulatory
"Transaction coded J as Other acquisition or disposition."
FAQ
What transaction did CZNC director Robert G. Loughery report on August 14, 2026?
On August 14, 2026, Robert G. Loughery reported acquiring 114 shares of CITIZENS & NORTHERN CORP common stock in an "other acquisition" transaction at $25.89 per share, tied to a dividend reinvestment plan.
What indirect CZNC holdings did Robert G. Loughery report?
Robert G. Loughery reported indirect ownership of 2 shares of CZNC common stock held by his spouse and 375 shares held by a child.
Was the CZNC Form 4 transaction by Robert G. Loughery under a Rule 10b5-1 plan?
No. The filing indicates the Rule 10b5-1 checkbox is not marked, so the transaction is not affirmed as executed under a Rule 10b5-1 trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.
