4Filed Aug 23, 8:00 PM ET
CZNC EVP Stan Dunsmore Buys 108 Shares via Dividend Reinvestment
$CZNC · CITIZENS & NORTHERN CORPResearch Summary
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CZNC EVP Stan Dunsmore Buys 108 Shares via Dividend Reinvestment
What Happened
- Stan R. Dunsmore, Executive Vice President and Chief Credit Officer of Citizens & Northern Corp (CZNC), acquired a total of 108 shares through dividend reinvestment. The filings show 1 share acquired on 2026-08-14 at $25.89 (reported value $26) and 107 shares acquired on 2026-08-20 at $25.84 (reported value $2,765), for a combined value of roughly $2,791. These were acquisitions (not sales), and reflect routine DRIP activity rather than an open-market purchase.
Key Details
- Transaction dates & prices: 2026-08-14 — 1 share @ $25.89 (= $26); 2026-08-20 — 107 shares @ $25.84 (= $2,765).
- Total acquired: 108 shares, total ~ $2,791.
- Transaction code: J (other acquisition/disposition) — here used for dividend reinvestment.
- Footnotes: F1 = shares acquired via 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 disclosed in the provided filing excerpt.
- Filing: Form 4 filed 2026-08-24 covering the Aug 14 and Aug 20 acquisitions — this appears later than the standard 2-business-day Form 4 deadline.
Context
- Dividend reinvestment purchases are routine and typically reflect automatic reinvestment of dividends into additional shares; they are generally less informative about management’s short-term view than voluntary open-market buys or sales. This filing does not indicate option exercises, sales, gifts, or a 10% owner transaction.