James Glenn Richard 4

What Happened James Glenn Richard, EVP Counsel and Corporate Secretary of Citizens & Northern Corp (CZNC), acquired a total of 15 shares through dividend reinvestment (DRIP). The filing shows 10 shares purchased on 2026-05-15 at $20.82 ($208) and 5 shares purchased on 2026-05-20 at $20.80 ($104), for a combined cash value of $312. These are acquisitions (transaction code J) via reinvested dividends rather than open-market purchases.

Key Details

• Transaction dates and prices:
  • 2026-05-15: 10 shares @ $20.82 ($208)
  • 2026-05-20: 5 shares @ $20.80 ($104)
• Total shares acquired: 15; total value: $312.
• Footnotes: F1 and F2 indicate shares were acquired through reinvestment of cash dividends under a dividend reinvestment plan; one note references an ESOP dividend reinvestment exemption.
• Post-transaction holdings: the total shares owned after these transactions are not specified in the provided excerpt—see the full Form 4 for current holdings.
• Filing: Form 4 filed 2026-05-21. The provided data does not include a late-reporting flag—see the filing for any timeliness disclosure.

Context

• These purchases come from automatic reinvestment of dividends (DRIP/ESOP), a routine way insiders convert dividends into additional company stock. Such reinvestments are common and typically reflect dividend policy use rather than active directional trading.