Pellegrino Frank G 4

What Happened Frank G. Pellegrino, a director of Citizens & Northern Corp (CZNC), purchased 198 shares in an open-market/private purchase on July 8, 2026. The shares were acquired at $23.02 per share for a total purchase price of $4,559. This was a buy (purchase) transaction, which retail investors often view as a modest bullish signal compared with sales.

Key Details

• Transaction date and price: 2026-07-08 — 198 shares at $23.02 each (total ~$4,559).
• Filing date: Form 4 filed 2026-07-10 (appears timely relative to the 2-business-day reporting requirement).
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Footnote: Transaction was made pursuant to a written plan that became effective 5/1/26 (commonly a 10b5-1 style plan).
• Transaction code: P = Purchase.

Context Purchases by directors can signal confidence but are not definitive proof of future performance. The inclusion of a written trading plan suggests these trades may have been pre-authorized and executed according to that plan’s parameters rather than timed actively by the insider.