CZNC CITIZENS & NORTHERN CORP Insider Trading

Director Terry Lehman buys 1,000 shares of CZNC; stock down 13.64% from 52-week high as insider makes third open-market purchase in 36 months.

Lehman, a CZNC director, acquired 1,000 shares on the open market while the stock trades well below its 52-week high, extending a pattern of open-market accumulation that includes two prior purchases over the past three years. This is his third open-market buy at this company, demonstrating sustained engagement despite recent price pressure. At the 30-day mark, his prior purchases at this ticker showed mixed results—one declined modestly while the other rose—but over a 90-day horizon, both prior buys showed gains, suggesting his timing has historically favored longer holding periods. The company remains profitable with steady earnings, and his repeat buying into a stock trading below recent highs suggests continued conviction in the business, particularly given that multiple insiders have been accumulating shares within the same recent window.

Director Katherine W Shattuck purchases 20 shares of CZNC at $22.55; stock at $22.89 current price, stock up 14.3% over 90 days.

Katherine W Shattuck, a Director, purchased 20 shares at $22.55 on 2026-04-06, modestly expanding her holding from 9,339 to 9,359 shares (a +0.2% increase). The purchase occurred after CZNC had already advanced 14.3% over the prior 90 days and 2.6% over the prior 30 days, placing the trade near recent highs at 4.2% below the 52-week peak of $23.88. Her same-ticker purchase history at CZNC shows mixed timing: the two trades with 90-day outcomes both delivered positive returns (9.4% and 22.9%), though her most recent purchases in the same timeframe exhibited divergent 30-day results. The stock's valuation context—a P/E of 16.71 with a market cap of $409,965,462.27—remains stable, though the small transaction size and modest share increment suggest a routine activity rather than a meaningful conviction signal.

Director Pellegrino buys 180 CZNC shares at $22.55; stock +2.6% in 30 days, +14.3% in 90 days

Pellegrino Frank G purchased 180 shares of CITIZENS & NORTHERN CORP at $22.55, increasing his holdings from 48.4K to 48.5K shares. The stock price has appreciated +2.6% over the past 30 days and +14.3% over 90 days, now trading at $22.89, which is -4.2% below the 52-week high of $23.88. At this ticker, Pellegrino's prior trades show mixed near-term outcomes (ranging from -6.7% to +15.3% at 30 days), but his two most distant measurable trades posted gains of +9.4% and +22.9% at the 90-day mark, with a 100% 90-day win rate on same-ticker positions. His cross-ticker track record across 20 prior buys reflects a 64.71% 90-day win rate with average 90-day returns of +3.0%. The company trades at a P/E of 16.71 with a $410.0M market cap and $6.6M in net income, suggesting stable fundamentals supporting recent price momentum.

Director Katherine W Shattuck bought 21 CZNC shares at $21.96; holdings now 9,339 shares. Fifth consecutive purchase in 5 months.

Director Katherine W Shattuck purchased 21 shares at $21.96 on 2026-03-06, bringing her total holdings to 9,339 shares. This marks her fifth consecutive open-market buy of CZNC within five months—previous purchases occurred on 2026-02-10, 2026-01-09, 2025-12-05, and 2025-11-07. Her same-ticker history shows 3 of 3 prior measurable purchases generated positive 90-day returns, with gains ranging from +2.4% to +22.9%, indicating a pattern of well-timed entry timing at this specific stock. The current price of $22.28 reflects a -5.2% decline over the past 30 days, positioning this purchase 6.7% below the 52-week high of $23.88, consistent with her pattern of buying into recent weakness. The company trades at a P/E of 16.26 with a market cap of $399,040,214.04, and the director's incremental position addition suggests continued conviction in the holding.

Director Frank G Pellegrino bought 185 shares of CZNC at $21.96; 5th buy in 4 months, extending established accumulation pattern.

Pellegrino purchased 185 shares at $21.96 on 2026-03-06, raising his holdings to 48,362 shares. This represents his fifth open-market buy at CZNC in four months (purchases on 2025-10-03, 2025-11-07, 2025-12-05, 2026-01-09, and 2026-02-10 preceded this transaction). Across his same-ticker history at CZNC, 3 of 3 prior buys were well-timed at the 90-day mark, with the most recent measurable outcome showing a 90-day gain of +9.4% following his 2025-12-05 purchase. The stock currently trades at $22.28, above the transaction price but down 5.2% over the past 30 days and 6.7% from its 52-week high of $23.88. This continued accumulation in a modest-cap company ($399.0M market cap) with a P/E of 16.26 reflects a sustained pattern of open-market purchases rather than a singular conviction trade.

Director Frank G Pellegrino bought 175 CZNC shares at $23.22 on 2026-02-10; 3 of 3 prior CZNC buys proved well-timed at 90-day mark.

Pellegrino purchased 175 shares at $23.22, expanding his position to 47,629 shares from 47,454 shares. His transaction history at CZNC shows a consistent pattern of well-timed accumulation: his three prior purchases from September through November 2025 each delivered positive 90-day returns (+0.8%, +2.4%, and +22.9% respectively), and his most recent buy on 2026-01-09 is tracking at +15.3% over 30 days. The current price of $23.16 sits just 2.0% below the 52-week high and up 13.7% over the past 30 days, suggesting the stock has recovered significantly from its earlier trading range. Cross-ticker, his broader track record shows 20 prior buys with a 66.67% win rate over 90 days, establishing a baseline pattern of identifying entry points that perform. The accumulation pattern warrants attention as a data point on insider conviction at this market level.

Director Shattuck buys 16 CZNC shares at $23.22; 5th purchase in 4 months, all 3 prior measurable trades well-timed.

Director Katherine W Shattuck purchased 16 shares of Citizens & Northern Corp at $23.22 on February 10, 2026, increasing her holdings from 9,208 to 9,224 shares. This is her fifth open-market purchase at CZNC within four months (since September 2025), a pattern of consistent accumulation at steadily rising prices. Her three prior CZNC buys with measurable 90-day outcomes were all well-timed, with gains ranging from +2.4% to +22.9%, though her cross-ticker track record shows more modest average returns of +3.6% over 90 days with a 66.67% win rate. The current price of $23.16 is only 2.0% below the 52-week high of $23.62, and the stock has climbed 18.7% over the past 90 days, suggesting the recent buying may reflect entry decisions made before substantial price appreciation. The small position increase of 16 shares (+0.2% of holdings) limits the signal strength, and without context on the fundamental drivers of CZNC's recent performance or whether this trade was pre-planned, the transaction reflects continued interest at current valuations rather than a dramatic conviction statement.

Director Frank G Pellegrino bought 200 CZNC shares at $20.38; 3 of 3 recent same-ticker buys showed +2.4% to +2.0% 90-day returns.

Pellegrino, a director, purchased 200 shares at $20.38 on 2026-01-09, increasing his holdings to 47,454 shares. The stock currently trades at $20.37, near the transaction price, and sits -8.9% from its 52-week high of $22.36. Notably, Pellegrino's prior trades at CZNC show a consistent pattern: his 3 measurable buys at this ticker delivered positive 90-day returns of +2.4%, +2.0%, and +0.8%, indicating well-timed entry points historically. This current buy follows that same cadence—another open-market purchase at what may prove to be a favorable entry relative to subsequent price movement—though at a valuation of 13.40 P/E the stock shows neither extreme cheapness nor distress.

Director Shattuck buys 19 CZNC shares at $20.38; fifth buy in four months with 3-of-3 well-timed 90-day outcomes.

Director Katherine W Shattuck purchased 19 shares of CITIZENS & NORTHERN CORP at $20.38 on 2026-01-09, bringing her holdings to 9,208 shares. This is her fifth open-market purchase at CZNC within four months, following prior buys on 2025-12-05, 2025-11-07, 2025-10-03, 2025-09-05, and 2025-08-08. Her prior trades at this ticker show a consistent pattern: all 3 measurable outcomes at the 90-day mark were well-timed, with two showing positive 90-day returns (+2.4% and +0.8%) and one showing +2.0%. Her cross-ticker track record across 20 prior buys reports a 66.67% 90-day win rate with an average 90-day return of +2.4%. The current price of $20.37 is 0.05% below the transaction price and -8.9% from the 52-week high; the stock has declined -6.0% over the past 30 days. The pattern of consistent, recurring purchases coupled with historical 90-day timing accuracy at this ticker provides a discrete data point for monitoring, though the transaction size (19 shares) remains modest relative to her existing 9,208-share position.

Director Shattuck Katherine W purchases 29 shares of CZNC at $20.37; holdings now 9,689 shares post-transaction.

Director Shattuck purchased 29 shares of Citizens & Northern Corp at $20.37, a modest transaction increasing her holdings by 0.3% to 9,689 shares. The purchase occurred after the stock gained 5.7% over the preceding 30 days and trades -8.9% below its 52-week high of $22.36. Her same-ticker history at CZNC shows mixed prior outcomes: two of three measurable 90-day outcomes were positive (90d +0.8% and 90d +2.0%), but the most recent prior purchase on 2025-11-07 has yet to reach a measurable 90-day endpoint. The cross-ticker track record shows an average 90-day return of 2.6% with a 66.67% win rate, suggesting modest historical success but insufficient data points at this specific ticker to indicate strong predictive signal.