Donnelly James O 4
4 · NORWOOD FINANCIAL CORP · Filed Mar 13, 2023
Insider Transaction Report
Form 4
Donnelly James O
DirectorPresident & CEO
Transactions
- Purchase
Common Stock
2023-03-10$32.88/sh+250$8,220→ 1,000 total
Holdings
- 3,000(indirect: Restricted Stock Award)
Common Stock
- 2,500(indirect: Restricted Stock Award)
Common Stock
Footnotes (2)
- [F1]Award vests at a rate of 70% as of the one-year anniversary of the date of grant, May 10, 2022, and then at the rate of 10% annually thereafter until such stock award shares are fully earned.
- [F2]Award vests in five equal installments beginning on December 13, 2023 and annually thereafter during such periods of continued service as an Employee, Outside Director or Director Emeritus, as applicable.