Hoose Harold F III 4

What Happened
Harold F. Hoose III, Executive Vice President of CITIZENS & NORTHERN CORP (CZNC), acquired 192 shares on 2026-02-18 at $23.76 per share for a total of $4,562. The transaction was an exempt acquisition through the company's ESOP via dividend reinvestment (transaction code J).

Key Details

• Transaction date: 2026-02-18; Price: $23.76; Shares acquired: 192; Total value: ~$4,562.
• Filing date: 2026-02-27 (filed 9 days after the transaction) — appears late relative to the standard 2-business-day Form 4 deadline.
• Footnote: Exempt acquisition in ESOP via dividend reinvestment under D/R plan (i.e., dividends were used to purchase shares for the ESOP).
• Shares owned after the transaction: not specified in the provided filing excerpt.

Context
This was a dividend reinvestment into an ESOP, which is a common, non-market acquisition method for employees and is treated as an exempt transaction. Such reinvestments are typically routine and reflect participation in the company's employee plan rather than an active open-market buy or sale by the insider.