A Form 4 filed on August 24, 2026 with the U.S. Securities and Exchange Commission discloses two common stock acquisitions by J. Bradley Scovill, President and CEO of Citizens & Northern Corp (NASDAQ:CZNC), both executed through dividend reinvestment plans in August 2026.

Key Highlights

  • Direct acquisition: Scovill acquired 400 shares of common stock on August 14, 2026 at $25.95 per share through a dividend reinvestment plan.
  • ESOP acquisition: An additional 73 shares were acquired indirectly on August 20, 2026 at $25.84 per share via an ESOP dividend reinvestment plan.
  • Direct beneficial ownership: Following the August 14 transaction, Scovill directly holds 134,242 shares.
  • Indirect beneficial ownership: The ESOP account reflects 6,772 shares held indirectly following the August 20 transaction.
  • Transaction codes: Both transactions are coded "J," indicating acquisitions other than open-market purchases.
  • Filer role: Scovill is identified as President and CEO of Citizens & Northern Corp.

Scovill Adds Shares via Dividend Reinvestment in Direct and ESOP Accounts

According to the filing, J. Bradley Scovill, President and CEO of Citizens & Northern Corp, reported two separate acquisitions of the company's common stock during August 2026. The first transaction, dated August 14, 2026, involved the acquisition of 400 shares at a price of $25.95 per share, described in the filing's footnotes as "shares acquired through reinvestment of cash dividend under a dividend reinvestment plan." Following that transaction, Scovill's directly held beneficial ownership stood at 134,242 shares.

The second transaction, dated August 20, 2026, involved the acquisition of 73 shares at $25.84 per share. The filing notes this as an "exempt acquisition in ESOP via dividend reinvestment under D/R plan," held indirectly through an Employee Stock Ownership Plan. The ESOP account reflects a total of 6,772 shares following that transaction. Both transactions carry transaction code "J," consistent with the plan-based nature of the acquisitions described in the footnotes.

The Form 4 was signed by Melinda S. Kilburn on behalf of J. Bradley Scovill, as Attorney-in-Fact, and filed on August 24, 2026. No derivative securities transactions were reported in Table II of the filing.

What Was Disclosed

Citizens & Northern Corp's President and CEO reported the acquisition of 400 shares directly and 73 shares indirectly through ESOP dividend reinvestment plans on August 14 and August 20, 2026, respectively, bringing direct holdings to 134,242 shares and indirect ESOP holdings to 6,772 shares.