Dorwart Stephen M 4

What Happened
Stephen M. Dorwart, a director of Citizens & Northern Corp (CZNC), acquired 61 shares on February 13, 2026. The transaction price is reported at $23.44 per share for a total of approximately $1,430. This was not an open-market purchase but shares received through reinvestment of a cash dividend (dividend reinvestment plan).

Key Details

• Transaction date: 2026-02-13; Price: $23.44 per share; Shares acquired: 61; Total value: ~$1,430.
• Transaction type on the filing: "Other acquisition or disposition (J)" with footnote indicating dividend reinvestment.
• Footnote: Shares were acquired through reinvestment of a cash dividend under the company's dividend reinvestment plan.
• Shares owned after the transaction: Not specified in the provided filing excerpt.
• Filing date: 2026-02-27 — the Form 4 was filed 14 days after the reported transaction date (later than the usual 2-business-day filing window), so the filing is late.

Context
Dividend reinvestments are a routine way for insiders to increase holdings without an open-market trade and do not necessarily signal a change in view on the company. The late filing reduces the timeliness of public disclosure but does not itself indicate the nature of the insider's intent.