NORWOOD FINANCIAL CORP·4

Feb 13, 4:19 PM ET

FORTE ANDREW 4

Research Summary

AI-generated summary

Updated

Norwood Financial (NWFL) Director Andrew Forte Receives Awards

What Happened
Andrew Forte, a director of Norwood Financial Corp. (NWFL), was issued five equity awards (transaction code A — grant/acquisition) totaling 514 shares valued at about $13,645. The grants were small, periodic director retainer or vesting awards rather than open-market purchases or sales:

  • 123 shares @ $24.33 on 2025-04-10 (~$2,993)
  • 117 shares @ $25.60 on 2025-07-10 (~$2,995)
  • 116 shares @ $25.84 on 2025-10-10 (~$2,997)
  • 105 shares @ $28.42 on 2026-01-12 (~$2,984)
  • 53 shares @ $31.62 on 2026-02-11 (~$1,676)

Key Details

  • Transaction dates & prices: listed above; all entries reported as "A" (award/grant/acquisition).
  • Total: 514 shares, approx. $13,645 aggregate value.
  • Shares owned after transaction: not specified in the supplied filing data.
  • Footnotes: awards are director retainer shares issued under the 2024 Equity Incentive Plan. Vesting schedules vary — some awards vest in five equal annual installments (footnotes F2–F4) and others in three equal annual installments (F5–F6).
  • Filing timeliness: filing date is 2026-02-13 covering awards dated Apr 2025–Feb 2026; no specific late-filing flag provided in the data supplied.

Context
These entries are compensatory equity awards to a director (typical director retainer/vesting schedule) rather than market purchases or sales. Such grants reflect routine compensation and vesting mechanics; they are not direct buy/sell signals. For derivative or complex transactions, the filing would note exercises or immediate sales — here the filings show straight acquisitions via awards.