CITIZENS & NORTHERN (CZNC) Director Frank G. Pellegrino Buys Stock

What Happened
Frank G. Pellegrino, a director of Citizens & Northern Corp (CZNC), purchased 190 shares in an open-market transaction on June 5, 2026, at $21.44 per share, a total cost of approximately $4,074. This was a purchase (as opposed to a sale), which insiders’ buys can be more informative to investors than routine sales.

Key Details

• Transaction date and price: 6/5/2026 — 190 shares at $21.44 each.
• Total transaction value: ~$4,074.
• Filing date: Form 4 filed 6/8/2026 (three calendar days after the trade). The filing does not indicate it was late.
• Shares owned after transaction: Not specified in the provided filing.
• Footnote: The purchase was made pursuant to a written plan that became effective 5/1/2026 (commonly a Rule 10b5-1 trading plan for scheduled trades).

Context
Purchases made under a pre-established 10b5-1 plan are scheduled trades and do not necessarily reflect immediate changes in the insider’s view of the company. Still, insider purchases are often watched by retail investors as a potentially positive signal. This filing reports a small, routine open-market buy by a company director.