Citizens & Northern Corp. (CZNC) Form 4 filing: Director Frank G. Pellegrino reported the purchase of 203 common shares on 07/07/2025 at an average price of $19.9897 per share. The transaction was executed under a Rule 10b5-1 trading plan that became effective 05/01/2025. Following the purchase, Pellegrino now directly owns 44,826 shares of CZNC common stock.
The filing shows no dispositions or derivative security transactions. Given CZNC’s ~15 million outstanding shares, the purchased amount represents less than 0.002% of shares outstanding and is unlikely to materially affect the company’s ownership structure or market sentiment. Nonetheless, insider buying—however small—can serve as a modest indicator of director confidence.
Citizens & Northern Corporation (CZNC) filed a Form 4 disclosing that director Katherine W. Shattuck purchased 19 shares of common stock on July 7, 2025 at $19.9897 per share, for a total consideration of roughly $380. The transaction was executed under a Rule 10b5-1 trading plan that became effective on May 1, 2025. After the purchase, Shattuck’s direct holdings stand at 9,348 shares. No derivative securities transactions were reported in the filing.
The trade represents a routine, low-value insider purchase that is unlikely to have a material financial impact on Citizens & Northern’s share count or liquidity, but it can be interpreted as a modest signal of insider confidence.