Frank G. Pellegrino - May 8, 2024 Form 4 Insider Report for CITIZENS & NORTHERN CORP (CZNC)

Role
Director
Signature
/s/ Amy S Bowser for Frank G Pellegrino, 9/22/23, Attorney-in-Fact
Stock symbol
CZNC
Transactions as of
May 8, 2024
Transactions value $
$1,997
Form type
4
Date filed
5/10/2024, 12:20 PM
Previous filing
May 6, 2024
Next filing
May 28, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CZNC Common Stock Purchase $2K +113 +0.3% $17.68 37.5K May 8, 2024 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 This transaction was made pursuant to a written plan that became effective 5/1/24.