Shattuck Katherine W 4

What Happened

• Katherine W. Shattuck, a director of Citizens & Northern Corp (CZNC), acquired 94 shares on Feb 13, 2026. The shares were acquired at $23.59 each for a total value of about $2,217. The transaction is coded as an "Other acquisition or disposition (J)" and, per the filing footnote, resulted from reinvestment of a cash dividend under the company's dividend reinvestment plan (DRIP). This is an acquisition (purchase) but reflects dividend reinvestment rather than an open-market buy.

Key Details

• Transaction date and price: Feb 13, 2026 — 94 shares at $23.59/share.
• Total value: approximately $2,217.
• Transaction code: (J) Other acquisition or disposition; footnote F1: acquired via reinvestment of cash dividend under DRIP.
• Shares owned after transaction: not specified in the provided filing data.
• Filing timeliness: Form filed Feb 27, 2026, which is 14 days after the transaction; Form 4s are generally due within two business days, so this filing appears late.

Context

• Dividend reinvestment plan purchases are routine: they use dividend payments to buy additional shares and do not necessarily signal a proactive trading decision by the insider. For retail investors, such DRIP-driven acquisitions are less informative about management sentiment than voluntary open-market purchases.