Cwiklinski Kelley A 4

What Happened Kelley A. Cwiklinski, EVP & Chief Commercial Lending Officer of Citizens & Northern Corp (CZNC), acquired 38 shares on 2026-05-20. The shares were added at $20.80 per share for a total of approximately $790. This was an acquisition (purchase) through the company’s ESOP dividend reinvestment plan rather than an open-market buy.

Key Details

• Transaction date: 2026-05-20 (filed 2026-05-21)
• Transaction type/code: Other acquisition or disposition (Code J) — ESOP dividend reinvestment (D/R plan)
• Shares acquired: 38 @ $20.80; total value ≈ $790
• Shares owned after transaction: Not specified in the filing
• Footnote: F1 — Exempt acquisition in ESOP via dividend reinvestment under D/R plan
• Timeliness: Filing was submitted the day after the transaction; no late filing indicated

Context ESOP dividend reinvestments are routine, exempt transactions that reflect dividends being used to buy additional shares for the employee stock ownership plan, not a direct open-market endorsement by the insider. The purchase size here is small (~$790), so it generally carries limited informational weight for investors; look for repeated or larger insider purchases for stronger signals.