4Accepted Aug 25, 1:54 PM ET
CZNC Director Bobbi J Kilmer Acquires 195 Shares via Dividend Reinvestment
Accepted (ET)
1:54 PM
Aug 25, 2026
Filed
Aug 25, 2026
Documents
1
Size
6.3 KB
Summary
CZNC Director Bobbi J Kilmer Acquires 195 Shares via Dividend Reinvestment
What Happened
- Bobbi J. Kilmer, a director of Citizens & Northern Corp. (ticker: CZNC), acquired a total of 195 shares on August 14, 2026 through dividend reinvestment. The transactions were: 131 shares at $25.96 ($3,401) and 64 shares at $25.89 ($1,657), for a combined value of $5,058.
- This was an acquisition via the company’s dividend reinvestment plan (not an open-market purchase or sale).
Key Details
- Transaction dates and prices: Aug 14, 2026 — 131 shares @ $25.96; Aug 14, 2026 — 64 shares @ $25.89.
- Total shares acquired: 195; total reported value: $5,058.
- Footnote: F1 — shares were acquired through reinvestment of cash dividends under a dividend reinvestment plan.
- Transaction code: “J” (other acquisition or disposition) as used on the Form 4; here it reflects the DRIP reinvestment.
- Filing timing: Form was filed Aug 25, 2026 for an Aug 14 transaction (appears to be filed late relative to the typical 2-business-day Form 4 deadline).
Context
- Dividend reinvestment plan (DRIP) purchases are routine and reflect the automatic conversion of cash dividends into additional shares; they are not the same as a discretionary open-market buy that some investors treat as a bullish signal.
- The dollar amount here (~$5k) is modest; while positive ownership change, it’s a routine corporate dividend activity rather than a major insider stake purchase.