---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-25-095389"
form_type: "8-K"
ticker: "CZNC"
cik: "0000810958"
company_name: "CITIZENS & NORTHERN CORP"
filed_at: "2025-10-01T23:59:59+00:00"
generated_at: "2026-05-17T05:10:54.645696+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Citizens & Northern completes merger with Susquehanna Community Financial, exchange ratio 0.80

## Summary
- Merger completed Oct 1, 2025; Susquehanna shareholders receive 0.80 C&N shares + cash for fractions.
- Total merger consideration approx 2,273,000 shares of C&N common stock.
- Christian C. Trate appointed to C&N and C&N Bank boards, term expires at next annual meeting.
- David Runk (former Susquehanna CEO) and Jeffrey Hollenbach join C&N as Executive VPs.

## SEC filing metadata
- accession: 0001104659-25-095389
- form_type: 8-K
- ticker: CZNC
- cik: 0000810958
- company_name: CITIZENS & NORTHERN CORP
- filed_at: 2025-10-01T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.01, 5.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/810958/000110465925095389/0001104659-25-095389-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/810958/000110465925095389/cznc-20251001x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-25-095389
- JSON: https://secwatch.observer/filing/0001104659-25-095389.json
- Plain text: https://secwatch.observer/filing/0001104659-25-095389.txt

## Source-grounded claims
- claim_id: 69b9c87b4ee2c9c2f12446bbb5bc3ca55c7182fc
  claim: CITIZENS & NORTHERN CORP completed an acquisition involving Susquehanna Community Financial, Inc. for approximately 2,273,000 shares of C&N Common Stock (closed 2025-10-01).
  evidence_excerpt: par value $1.00 per share, of C&N (“C&N Common Stock” and such shares, the “Merger Consideration”). The total aggregate consideration payable in the Merger was approximately 2,273,000 shares of C&N Common Stock. The foregoing description of the Merger and the Merger Agreement does not purport to be complete and is qualified in its entirety by reference to the
  evidence_url: https://www.sec.gov/Archives/edgar/data/810958/000110465925095389/0001104659-25-095389-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.