Lehman Terry L 4
Research Summary
AI-generated summary
CZNC Director Terry L. Lehman Receives Restricted Stock Award
What Happened
Terry L. Lehman, a director of Citizens & Northern Corp (NASDAQ: CZNC), was granted 1,080 shares of restricted stock on April 23, 2026. The shares are reported at $23.15 each for a total award value of $25,002. This was an award/grant (acquisition) as part of compensation, not an open-market purchase.
Key Details
- Transaction date: 2026-04-23; filing date: 2026-04-24 (filed next business day).
- Transaction type/code: A — Award/Grant (restricted stock). Footnote F1: Award of Restricted Stock.
- Shares acquired: 1,080 at $23.15 each; total value reported $25,002.
- Shares owned after transaction: Not specified in the provided filing.
- Timeliness: Filing appears timely (reported the day after the transaction).
Context
Restricted stock awards are typically compensation that may vest over time and can be subject to transfer or sale restrictions; they do not necessarily reflect a director’s near-term market view. This is an acquisition via award rather than an open-market buy or sale.