CITIZENS & NORTHERN (CZNC) Director Frank Pellegrino Buys 178 Shares

What Happened
Frank G. Pellegrino, a director of CITIZENS & NORTHERN CORP (CZNC), purchased 178 shares on 2026-09-04 at $26.17 per share, for a total cash outlay of approximately $4,658. This was a purchase (not a sale), which is generally viewed as a more informative insider action than routine sales.

Key Details

• Transaction date: 2026-09-04
• Transaction type: Open-market or private purchase (Code P)
• Price per share: $26.17; Shares purchased: 178; Total value ≈ $4,658
• Footnote: Transaction made pursuant to a written plan that became effective 5/1/26 (as disclosed in the filing)
• Shares owned after transaction: Not reported in the information provided here
• Filing date: 2026-09-08 — appears to be filed within the SEC’s standard two-business-day window for a 2026-09-04 trade (i.e., timely)

Context
The purchase was executed under a written trading plan (disclosed in the Form 4), which can be used to prearrange trades and reduce questions about timing. As with all insider trades, this is factual information about ownership change and does not by itself explain the director’s motives.