Cwiklinski Kelley A 4/A
4/A · CITIZENS & NORTHERN CORP · Filed Feb 27, 2026
Research Summary
AI-generated summary of this filing
CZNC EVP Kelley Cwiklinski Sells 169 Shares (Withheld)
What Happened
Kelley A. Cwiklinski, EVP & Chief Commercial Lending Officer of Citizens & Northern Corp (CZNC), had 169 shares withheld on 2026-02-20 at $23.67/share (about $4,000) to satisfy an exercise price or tax liability, and on 2026-02-18 acquired 34 shares at $23.76/share (about $808) through dividend reinvestment. The withholding (disposition) reduced her holdings more than the small dividend reinvestment increased them (net -135 shares).
Key Details
- Transaction dates and prices:
- 2026-02-18: Acquired 34 shares @ $23.76 ($808) via dividend reinvestment (footnote F1).
- 2026-02-20: Disposed/withheld 169 shares @ $23.67 (~$4,000) to pay exercise price or tax liability (footnote F3).
- Net change: -135 shares overall (169 withheld minus 34 acquired).
- Shares owned after the transactions: not specified in this filing.
- Filing status: This is an amended Form 4 (Form 4/A) filed 2026-02-27. The amendment notes voluntary reporting (footnote F2). The amendment date is several days after the transaction dates and appears late relative to the typical 2-business-day Form 4 deadline.
Context
- The 34-share acquisition was via the company’s dividend reinvestment plan (routine, small purchase).
- The 169-share disposition was a withholding to satisfy tax or exercise obligations (common in option vesting/exercise scenarios), not an open-market sale.
- These are routine administrative transactions and do not, by themselves, indicate a change in insider sentiment.
Insider Transaction Report
Form 4/AAmended
Cwiklinski Kelley A
EVP CHIEF COMM LENDING OFFICER
Transactions
- Other
Common Stock
[F1][F2]2026-02-18$23.76/sh+34$808→ 2,877 total(indirect: By ESOP) - Tax Payment
Common Stock
[F3]2026-02-20$23.67/sh−169$4,000→ 29,737 total
Holdings
- 455(indirect: By Spouse)
Common Stock
Footnotes (3)
- [F1]Shares acquired through reinvestment of cash dividend under a dividend reinvestment plan.
- [F2]This Form 4/A is being filed solely to confirm that this transaction is being reported voluntarily. There have been no other changes to the original Form 4 filing.
- [F3]Payment of exercise price or tax liability by delivering or withholding securities incident to the receipt, exercise or vesting of a security issued in accordance with Rule 16b-3.
Signature
/s/ Melinda S Kilburn for Kelley A Cwiklinski, 3/26/25, Attorney-in-Fact|2026-02-27