C&N Corp. CEO Adds Shares Through Dividend Reinvestment Activity

Citizens & Northern Corporation reported new insider share activity involving its chief executive, J. Bradley Scovill, who recorded additional common stock acquisitions this month. The increases stemmed from dividend reinvestment mechanisms rather than open-market activity, reflecting routine participation in equity accumulation programs available to internal shareholders.

On November 14, 2025, Scovill’s direct ownership rose when 510 common shares were added at a per-share value slightly under twenty dollars. This adjustment lifted his directly held total to 125,033 shares following the transaction. The allocation was linked to an automatic reinvestment of dividend payments, converting cash distributions into stock instead of issuing payouts.

A second movement occurred five days later, this time within the company’s employee stock ownership structure. An additional 88 shares were credited at a comparable valuation, increasing Scovill’s indirect ESOP-held total to 6,193 shares. This transaction also resulted from dividend reinvestment rather than discretionary purchase or sale activity.

No derivative securities, exercisable awards, or disposals were noted in the record. The documentation was finalized toward the end of November, with certification completed by an authorized representative acting under an established power of attorney. These transactions highlight gradual executive share growth driven by reinvestment plans, a mechanism that steadily expands insider ownership without traditional trading volume.

For investors monitoring internal equity trends, such incremental shifts provide transparency into leadership alignment with long-term shareholder interests. Citizens & Northern continues to disclose insider activity in accordance with federal reporting obligations, contributing to clear and consistent visibility into executive-level positions within the community banking company.