Frank G. Pellegrino - Sep 6, 2024 Form 4 Insider Report for CITIZENS & NORTHERN CORP (CZNC)

Role
Director
Signature
/s/ Amy T. Garraty for Frank G Pellegrino, 9/22/23, Attorney-in-Fact
Stock symbol
CZNC
Transactions as of
Sep 6, 2024
Transactions value $
$4,060
Form type
4
Date filed
9/10/2024, 02:52 PM
Previous filing
Aug 16, 2024
Next filing
Oct 7, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CZNC Common Stock Purchase $4.06K +212 +0.54% $19.15 39.5K Sep 6, 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 The transaction was made pursuant to a written plan that became effective 5/1/24.