Van Sant William F III 4
Research Summary
AI-generated summary
CZNC EVP William F. Van Sant III Receives Restricted Stock Award
What Happened
- William F. Van Sant III, EVP and Chief Wealth Officer of CITIZENS & NORTHERN CORP (ticker: CZNC), was granted 6,861 shares of restricted stock on 2026-06-19. The award is reported as an acquisition (code A) at a per-share value of $21.86, total value $149,981.
- This was an equity award (compensation) rather than an open-market purchase or sale, so it reflects company compensation practice rather than a personal buy/sell decision.
Key Details
- Transaction date and price: 2026-06-19, 6,861 shares at $21.86 each (total $149,981).
- Transaction type/code: Award/Grant (A) — restricted stock (footnote F1).
- Filing: Form 4 filed 2026-06-22 (appears to be timely relative to the transaction date).
- Shares owned after transaction: not specified in the provided filing excerpt.
Context
- Restricted stock awards are typically subject to vesting conditions and are a form of compensation; they do not necessarily indicate the insider bought shares in the open market.
- For retail investors, grants like this are routine executive compensation. They are factual disclosures of equity granted, not direct trading signals.