Rush Blair T 4/A
Research Summary
AI-generated summary
CITIZENS & NORTHERN (CZNC) EVP Rush Blair Buys 34 Shares
What Happened
- Rush Blair T, Executive Vice President of Citizens & Northern Corp (CZNC), acquired 34 shares on 2026-02-18 at $23.76 each for a total of about $808. The transaction is reported as an exempt acquisition through the company ESOP via dividend reinvestment.
Key Details
- Transaction date and price: 2026-02-18 at $23.76 per share (total ≈ $808)
- Transaction type/code: "Other acquisition or disposition (J)" — exempt acquisition in ESOP via dividend reinvestment (footnote F1)
- Shares beneficially owned after transaction: reported as 2,896 shares indirectly (via ESOP) after correction (footnote F2)
- Filing status: This is an amended Form 4 filed 2026-03-10 correcting a clerical error in the ESOP holding (originally reported as 20,896). The amendment was filed after the transaction date.
Context
- This was an ESOP dividend reinvestment (automatic plan) rather than an open-market purchase or discretionary buy; such reinvestments are typically routine and not a direct signal of insider sentiment. The amendment corrects the formerly misstated ESOP ownership number.