Dorwart Stephen M 4

What Happened

• Stephen M. Dorwart, a director of Citizens & Northern Corp (CZNC), acquired 70 shares on 2026-05-15 through a dividend reinvestment plan. The shares were recorded at $20.85 each, for a total value of about $1,460. This was an acquisition via reinvested dividends (routine, not an open-market purchase).

Key Details

• Transaction date: 2026-05-15; Filing date (Form 4): 2026-05-21.
• Type: Other acquisition (code J) — shares acquired by reinvestment of cash dividend under a dividend reinvestment plan (footnote F1).
• Price: $20.85 per share; Shares acquired: 70; Total value: $1,460 (approx).
• Shares owned after transaction: not specified in the provided filing details.
• Timeliness: The Form 4 was filed six days after the transaction; Form 4s are generally due within two business days, so this filing may be late.

Context

• Dividend reinvestment plan transactions are routine: they reflect the insider choosing to reinvest dividends to receive additional shares rather than a discretionary buy/sell decision tied to new information.
• Such small, automatic reinvestments are common and generally carry less informational weight than open-market purchases or sales by insiders.