Nolan Alexandra K 4

What Happened

• Alexandra K. Nolan, a director of Norwood Financial Corp (NWFL), received five equity awards/acquisitions (transaction code A) issued as director retainer shares under the 2024 Equity Incentive Plan. The grants total 504 shares acquired across five vesting/issue dates and are valued at roughly $13,329.
• Breakdown by date: 123 shares @ $24.33 ($2,993) on 2025-04-10; 117 shares @ $25.60 ($2,995) on 2025-07-10; 116 shares @ $25.84 ($2,997) on 2025-10-10; 105 shares @ $28.42 ($2,984) on 2026-01-12; and 43 shares @ $31.62 ($1,360) on 2026-02-11. These are awards/acquisitions (not open-market purchases or sales).

Key Details

• Transaction dates & prices: 2025-04-10 (123 @ $24.33), 2025-07-10 (117 @ $25.60), 2025-10-10 (116 @ $25.84), 2026-01-12 (105 @ $28.42), 2026-02-11 (43 @ $31.62).
• Total shares acquired: 504; approximate total value: $13,329.
• Shares owned after transaction: not disclosed in the provided filing details.
• Footnotes: F1 indicates these are Director Retainer Shares under the 2024 Equity Incentive Plan. F2–F6 describe vesting schedules (awards vest in equal annual installments over three to five years depending on the award).
• Filing timeliness: The Form 4 was filed on 2026-02-13 covering transactions back to 2025-04-10; earlier grants appear to be reported well after their grant dates (i.e., late reporting for some items).

Context

• These were equity awards (compensation/retainer) rather than open-market purchases or sales; such grants are common for board compensation and reflect standard remuneration rather than a direct market vote by the insider.
• Vesting schedules mean some portions were issued as installments tied to continued service; consult the footnotes for each award’s specific vesting timeline.