[Form 4] Citizens & Northern Corporation Insider Trading Activity
Stephen M. Dorwart, a director of Citizens & Northern Corporation (CZNC), reported a non-derivative purchase of company common stock on 08/15/2025. The filing shows 71 shares were acquired at $19.56 per share under transaction code J(1), and the form explains these shares were obtained through reinvestment of a cash dividend under the issuer's dividend reinvestment plan. After the reported transaction, Mr. Dorwart beneficially owns 13,191 shares directly and 6,548 shares indirectly (the indirect holdings are held by a corporation). The Form 4 was signed by an attorney-in-fact on Mr. Dorwart's behalf.
Stephen M. Dorwart, membro del consiglio di Citizens & Northern Corporation (CZNC), ha segnalato un acquisto non derivativo di azioni ordinarie della società in data 08/15/2025. La comunicazione indica l'acquisto di 71 azioni a $19,56 ciascuna con codice di transazione J(1); il modulo specifica che tali azioni sono state ottenute mediante il reinvestimento in azioni di un dividendo in denaro previsto dal piano di reinvestimento dei dividendi dell'emittente. Dopo l'operazione riportata, il signor Dorwart detiene direttamente 13.191 azioni e indirettamente 6.548 azioni (le partecipazioni indirette sono detenute da una società). Il Modulo 4 è stato firmato per conto del signor Dorwart da un procuratore.
Stephen M. Dorwart, director de Citizens & Northern Corporation (CZNC), notificó una compra no derivativa de acciones ordinarias de la compañía el 15/08/2025. La presentación muestra la adquisición de 71 acciones a $19,56 por acción bajo el código de transacción J(1); el formulario indica que estas acciones se obtuvieron mediante el reinversión de un dividendo en efectivo conforme al plan de reinversión de dividendos del emisor. Tras la operación reportada, el Sr. Dorwart posee de forma directa 13.191 acciones y de forma indirecta 6.548 acciones (las tenencias indirectas están en poder de una sociedad). El Formulario 4 fue firmado en nombre del Sr. Dorwart por un apoderado.
Stephen M. Dorwart는 Citizens & Northern Corporation(CZNC)의 이사로서 2025년 08/15에 회사 보통주에 대한 비파생(직접) 매수를 신고했습니다. 신고서에 따르면 거래 코드 J(1)로 주당 $19.56에 71주를 취득했으며, 해당 서류는 이 주식들이 발행회사의 배당 재투자 계획에 따른 현금배당 재투자를 통해 취득되었음을 설명하고 있습니다. 보고된 거래 이후 Dorwart 씨는 직접 13,191주를 보유하고 간접적으로는 6,548주를 보유하고 있습니다(간접 보유분은 법인이 보유). Form 4는 Dorwart 씨를 대신해 대리인이 서명했습니다.
Stephen M. Dorwart, administrateur de Citizens & Northern Corporation (CZNC), a déclaré un achat non dérivé d'actions ordinaires de la société le 15/08/2025. Le dépôt indique l'acquisition de 71 actions à 19,56 $ l'une sous le code de transaction J(1) ; le formulaire précise que ces actions ont été obtenues par réinvestissement d'un dividende en numéraire dans le cadre du plan de réinvestissement des dividendes de l'émetteur. Après la transaction déclarée, M. Dorwart détient directement 13 191 actions et indirectement 6 548 actions (les participations indirectes sont détenues par une société). Le Formulaire 4 a été signé au nom de M. Dorwart par un mandataire.
Stephen M. Dorwart, Direktor der Citizens & Northern Corporation (CZNC), meldete am 15.08.2025 einen nicht-derivativen Erwerb von Stammaktien der Gesellschaft. Die Meldung weist 71 erworbene Aktien zu je $19,56 unter dem Transaktionscode J(1) aus; im Formular wird erläutert, dass diese Aktien durch die Reinvestition einer Barausschüttung im Rahmen des Dividendenreinvestitionsplans des Emittenten erworben wurden. Nach der gemeldeten Transaktion besitzt Herr Dorwart unmittelbar 13.191 Aktien und mittelbar 6.548 Aktien (die mittelbaren Bestände werden von einer Kapitalgesellschaft gehalten). Das Formblatt 4 wurde im Namen von Herrn Dorwart von einem Bevollmächtigten unterschrieben.
- 71 shares acquired through the issuer's dividend reinvestment plan (DRIP), showing continued insider participation
- Complete disclosure of post-transaction beneficial ownership: 13,191 direct and 6,548 indirect shares
- None.
Insights
TL;DR: Small, routine DRIP purchase by a director increases direct stake modestly; not material to valuation.
Transaction details show a director acquired 71 shares via dividend reinvestment at $19.56, consistent with routine participation in the issuer's DRIP. The post-transaction beneficial ownership is 13,191 shares direct and 6,548 indirect. This is a routine insider activity disclosure rather than a market-moving event; no options or derivative exercises were reported.
TL;DR: Filing documents routine insider reinvestment with proper Section 16 reporting; signature executed by attorney-in-fact.
The Form 4 records a J(1) coded transaction with an explicit explanation that shares were acquired through dividend reinvestment, satisfying affirmative disclosure requirements. The report was submitted for a single reporting person and includes an attorney-in-fact signature, which is permitted under filing rules. No compensatory or unusual transactions are present.
Stephen M. Dorwart, membro del consiglio di Citizens & Northern Corporation (CZNC), ha segnalato un acquisto non derivativo di azioni ordinarie della società in data 08/15/2025. La comunicazione indica l'acquisto di 71 azioni a $19,56 ciascuna con codice di transazione J(1); il modulo specifica che tali azioni sono state ottenute mediante il reinvestimento in azioni di un dividendo in denaro previsto dal piano di reinvestimento dei dividendi dell'emittente. Dopo l'operazione riportata, il signor Dorwart detiene direttamente 13.191 azioni e indirettamente 6.548 azioni (le partecipazioni indirette sono detenute da una società). Il Modulo 4 è stato firmato per conto del signor Dorwart da un procuratore.
Stephen M. Dorwart, director de Citizens & Northern Corporation (CZNC), notificó una compra no derivativa de acciones ordinarias de la compañía el 15/08/2025. La presentación muestra la adquisición de 71 acciones a $19,56 por acción bajo el código de transacción J(1); el formulario indica que estas acciones se obtuvieron mediante el reinversión de un dividendo en efectivo conforme al plan de reinversión de dividendos del emisor. Tras la operación reportada, el Sr. Dorwart posee de forma directa 13.191 acciones y de forma indirecta 6.548 acciones (las tenencias indirectas están en poder de una sociedad). El Formulario 4 fue firmado en nombre del Sr. Dorwart por un apoderado.
Stephen M. Dorwart는 Citizens & Northern Corporation(CZNC)의 이사로서 2025년 08/15에 회사 보통주에 대한 비파생(직접) 매수를 신고했습니다. 신고서에 따르면 거래 코드 J(1)로 주당 $19.56에 71주를 취득했으며, 해당 서류는 이 주식들이 발행회사의 배당 재투자 계획에 따른 현금배당 재투자를 통해 취득되었음을 설명하고 있습니다. 보고된 거래 이후 Dorwart 씨는 직접 13,191주를 보유하고 간접적으로는 6,548주를 보유하고 있습니다(간접 보유분은 법인이 보유). Form 4는 Dorwart 씨를 대신해 대리인이 서명했습니다.
Stephen M. Dorwart, administrateur de Citizens & Northern Corporation (CZNC), a déclaré un achat non dérivé d'actions ordinaires de la société le 15/08/2025. Le dépôt indique l'acquisition de 71 actions à 19,56 $ l'une sous le code de transaction J(1) ; le formulaire précise que ces actions ont été obtenues par réinvestissement d'un dividende en numéraire dans le cadre du plan de réinvestissement des dividendes de l'émetteur. Après la transaction déclarée, M. Dorwart détient directement 13 191 actions et indirectement 6 548 actions (les participations indirectes sont détenues par une société). Le Formulaire 4 a été signé au nom de M. Dorwart par un mandataire.
Stephen M. Dorwart, Direktor der Citizens & Northern Corporation (CZNC), meldete am 15.08.2025 einen nicht-derivativen Erwerb von Stammaktien der Gesellschaft. Die Meldung weist 71 erworbene Aktien zu je $19,56 unter dem Transaktionscode J(1) aus; im Formular wird erläutert, dass diese Aktien durch die Reinvestition einer Barausschüttung im Rahmen des Dividendenreinvestitionsplans des Emittenten erworben wurden. Nach der gemeldeten Transaktion besitzt Herr Dorwart unmittelbar 13.191 Aktien und mittelbar 6.548 Aktien (die mittelbaren Bestände werden von einer Kapitalgesellschaft gehalten). Das Formblatt 4 wurde im Namen von Herrn Dorwart von einem Bevollmächtigten unterschrieben.
FAQ
What transaction did CZNC director Stephen M. Dorwart report on Form 4?
At what price were the CZNC shares acquired in the Form 4?
How many CZNC shares does Stephen M. Dorwart beneficially own after the transaction?
What does transaction code J(1) mean on this Form 4?
Who signed the Form 4 for Stephen M. Dorwart?
