Shattuck Katherine W purchased $209 of CZNC
Shattuck Katherine W purchased 8 shares of CITIZENS & NORTHERN CORP (CZNC) at $26.17 on 2026-09-04 under a Rule 10b5-1 trading plan.
How this was made
The 30-second read
Why it matters
The filing provides a first‑time disclosure of a minor insider buy, offering little actionable insight.
Market read
Minimal impact on CZNC price and broader market.
What to watch
The 10b5‑1 plan may allow future purchases that could become material if repeated.
Background
SEC Form 4 filing reports a director's open‑market purchase of Citizens & Northern Corp shares.
Ticker impact
Director Katherine Shattuck purchased 8 shares of Citizens & Northern Corp at $26.1662 each, total $209, via a 10b5‑1 plan.
No material price impact expected.
The $209 purchase represents a negligible fraction of float and is pre‑arranged, so market participants will likely ignore it.
Market effects
None; the transaction is too small to affect the banking sector.
None; limited to a single micro‑cap issuer.
None
Counterpoint
Even a small purchase by a director could hint at confidence, but size makes it insignificant.
Key entities
- companyCitizens & Northern Corp
U.S. regional bank (ticker CZNC) whose director made a small share purchase.
- insiderKatherine Shattuck
Director of Citizens & Northern Corp executing a 10b5‑1 purchase.