Pellegrino Frank G 4

What Happened
Frank G. Pellegrino, a director of CITIZENS & NORTHERN CORP (CZNC), purchased 175 shares on 2026-02-10 at $23.22 per share for a total reported value of $4,064. The Form 4 was filed on 2026-02-11. This was a purchase (a buy), which investors often view as more informative than routine insider sales.

Key Details

• Transaction date: 2026-02-10; Price: $23.22; Shares acquired: 175; Total value: $4,064.
• Transaction type: P (purchase) — listed as open market or private purchase.
• Filing date: 2026-02-11 (timely reporting for the 2026-02-10 transaction).
• Shares owned after transaction: Not disclosed in the provided filing summary.
• Footnote: Transaction was made pursuant to a written plan that became effective 5/1/25 (as noted in the filing).

Context
The filing notes the purchase occurred under a written plan effective 5/1/25, which typically indicates a prearranged trading arrangement. The filing does not provide further detail on ownership after the trade or specify the exact plan type. Purchases by directors can be of interest to retail investors but do not by themselves prove future company performance.