secwatch.observer — SEC 8-K summary
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Issuer:     CITIZENS & NORTHERN CORP (CZNC)
CIK:        0000810958
Form:       8-K
Filed at:   2022-02-18T23:59:59+00:00
Accession:  0001558370-22-001422
Event type: leadership
Sentiment:  neutral
Materiality: 0.30
Item codes: 5.02, 5.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Director Clark S. Frame to retire from board effective March 17, 2022
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- Clark S. Frame communicated intent to retire as director effective March 17, 2022.
- Board adopted majority vote standard for uncontested director elections (new Section 1.6 of By-laws).
- Under new bylaw, a nominee failing to receive majority of votes cast must tender resignation; board decides within 120 days.
- Bylaw amendment effective immediately as part of corporate governance review.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/810958/000155837022001422/0001558370-22-001422-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/810958/000155837022001422/cznc-20220217x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-22-001422

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer