Citizens & Northern (CZNC) Exec VP Stan Dunsmore Buys Shares
$CZNC · CITIZENS & NORTHERN CORPResearch Summary
AI-generated summary of this SEC filing
Citizens & Northern (CZNC) Exec VP Stan Dunsmore Buys Shares
What Happened Stan R. Dunsmore, Executive Vice President and Chief Credit Officer of Citizens & Northern Corp (CZNC), acquired a total of 133 shares through dividend reinvestment. On 2026-05-15 he acquired 1 share at $20.82 (value $21) and on 2026-05-20 he acquired 132 shares at $20.80 (value $2,745), for an aggregate of 133 shares worth approximately $2,766. These were acquisitions (purchases) made via the company’s dividend reinvestment arrangements.
Key Details
- Transaction dates and prices: 2026-05-15 — 1 share @ $20.82; 2026-05-20 — 132 shares @ $20.80. Transaction code: J (other acquisition/disposition).
- Total acquired: 133 shares; total value ≈ $2,766.
- Footnotes: F1 — shares acquired through reinvestment of cash dividend under a dividend reinvestment plan (DRIP); F2 — exempt acquisition in ESOP via dividend reinvestment under D/R plan.
- Shares owned after the transaction: not specified in the filing.
- Filing date was 2026-05-21 (the first transaction occurred 2026-05-15), which is several days after the earliest trade date and may be later than the typical 2-business-day Form 4 reporting window.
Context These purchases were automatic reinvestments of dividends under the company’s DRIP/ESOP arrangements rather than open-market discretionary buys. Such reinvestments are routine ways insiders increase holdings with dividend payouts and do not necessarily indicate a new, active bullish move.