LAMONT KEVIN M 4

What Happened
Kevin M. Lamont, a director of Norwood Financial Corp (NWFL), received a series of equity award/share acquisitions (transaction code A) tied to director retainer and vesting schedules. The filing shows five award-related acquisitions between Apr 10, 2025 and Feb 11, 2026 totaling 504 shares valued at approximately $13,329:

• 2025-04-10: 123 shares @ $24.33 = $2,993
• 2025-07-10: 117 shares @ $25.60 = $2,995
• 2025-10-10: 116 shares @ $25.84 = $2,997
• 2026-01-12: 105 shares @ $28.42 = $2,984
• 2026-02-11: 43 shares @ $31.62 = $1,360

These were award/retainer share issuances (not open-market buys or sales) and generally reflect compensation/vesting rather than a market-timed purchase.

Key Details

• Transaction type: A = Grant/Award/Other acquisition (director retainer / vesting).
• Dates & per-share prices: see list above for each grant date, price and value.
• Shares received total: 504 shares; aggregate value ≈ $13,329.
• Shares owned after transaction: not specified in the provided filing details.
• Footnotes: F1 = Director retainer shares under the 2024 Equity Incentive Plan. F2–F6 describe multi-year vesting schedules (mostly five- or three-year annual installments beginning on specified dates).
• Timeliness: Filing dated Feb 13, 2026; transactions range from Apr 2025–Feb 2026, so the Form 4 was filed well after the typical 2-business-day reporting window.

Context

• These transactions are award/vesting events (compensation) and are routine for directors. They are not open-market purchases that typically signal a director buying stock with personal funds.
• For retail investors, such awards show management/director compensation alignment with shareholders but do not, by themselves, imply a change in insider sentiment.
• Because the filing was submitted late relative to standard Form 4 timing rules, investors relying on timely insider activity tracking should note the delay.