Donnelly James O 4

What Happened

• James O. Donnelly, President & CEO and Director of Norwood Financial Corp (NWFL), reported an open-market purchase of 200 common shares on 2026-01-27 at $28.15 per share, for a total cash outlay of $5,630. This was a buy (transaction code P), which investors often view as a more informative signal than routine sales.

Key Details

• Transaction date and price: 2026-01-27 — 200 shares @ $28.15 per share (total $5,630).
• Transaction type: Open-market purchase (Code P).
• Filing: Form 4 filed 2026-01-28 (appears timely given the transaction date).
• Shares owned after transaction: Not specified in the information provided.
• Footnotes included in the filing (F1–F5): describe vesting schedules for various awards granted to the insider (e.g., multi-year vesting in installments or initial 70% vesting then annual installments). Those footnotes relate to award vesting terms and are not stated as tied to this open-market purchase.

Context

• This was a straightforward market purchase (not an option exercise, gift, or tax-withholding event). Purchases by executives can indicate confidence but do not prove future performance; no additional plan (e.g., 10b5-1) or other conditions were disclosed in the provided filing.