John M. Reber, Executive Vice President of Citizens & Northern Corp (NASDAQ:CZNC), filed a Form 4 on August 24, 2026, reporting two acquisitions of common stock through dividend reinvestment on August 14 and August 20, 2026.

Key Highlights

  • First transaction: 341 shares of common stock acquired on August 14, 2026, at $25.89 per share via dividend reinvestment plan, held directly.
  • Second transaction: 110 shares of common stock acquired on August 20, 2026, at $25.84 per share, held indirectly through an ESOP via dividend reinvestment.
  • Direct holdings after first transaction: 36,401 shares of common stock beneficially owned directly.
  • Indirect ESOP holdings after second transaction: 10,195 shares beneficially owned indirectly through the ESOP.
  • Transaction codes: Both transactions are coded "J," reflecting acquisitions not open-market purchases, consistent with the dividend reinvestment explanations provided.

John M. Reber's Dividend Reinvestment Acquisitions at Citizens & Northern Corp

According to the filing, John M. Reber, identified as Executive Vice President of Citizens & Northern Corp (NASDAQ:CZNC), reported two separate acquisitions of common stock, both arising from dividend reinvestment activity. The first transaction, dated August 14, 2026, involved 341 shares acquired at $25.89 per share through reinvestment of a cash dividend under a dividend reinvestment plan. Following that transaction, Reber's direct beneficial ownership stood at 36,401 shares of common stock.

The second transaction, dated August 20, 2026, involved 110 shares acquired at $25.84 per share. The filing describes this as an "exempt acquisition in ESOP via dividend reinvestment under D/R plan," held indirectly through an ESOP. Following this transaction, the indirectly held ESOP position totaled 10,195 shares. Both transactions carry transaction code "J" as indicated in the filing.

The Form 4 was signed by Melinda S. Kilburn as attorney-in-fact for John M. Reber and filed on August 24, 2026. No derivative securities transactions were reported. The filing contains no reported disposals of securities.

What Was Disclosed

The filing disclosed two dividend reinvestment acquisitions of Citizens & Northern Corp common stock by Executive Vice President John M. Reber on August 14 and August 20, 2026, resulting in direct ownership of 36,401 shares and indirect ESOP ownership of 10,195 shares.