Matergia Ralph A 4
4 · NORWOOD FINANCIAL CORP · Filed Feb 13, 2026
Research Summary
AI-generated summary of this filing
Norwood Financial (NWFL) Director Ralph Matergia Receives Award Shares
What Happened
Ralph A. Matergia, a director of Norwood Financial Corp. (NWFL), was issued five separate equity awards (code A — grant/award) that resulted in the acquisition of 504 shares between April 10, 2025 and February 11, 2026. Individual grants: 123 shares @ $24.33 (4/10/2025, $2,993); 117 shares @ $25.60 (7/10/2025, $2,995); 116 shares @ $25.84 (10/10/2025, $2,997); 105 shares @ $28.42 (1/12/2026, $2,984); and 43 shares @ $31.62 (2/11/2026, $1,360). Total value of these awards is roughly $13,329. These were equity compensation awards (not open-market purchases or sales).
Key Details
- Transaction dates and prices: 4/10/2025 (123 @ $24.33), 7/10/2025 (117 @ $25.60), 10/10/2025 (116 @ $25.84), 1/12/2026 (105 @ $28.42), 2/11/2026 (43 @ $31.62).
- Total shares acquired: 504; approximate aggregate value: $13,329.
- Shares owned after the transactions: not specified in the provided filing details.
- Footnotes: Awards are director retainer shares issued under the 2024 Equity Incentive Plan (F1). Vesting occurs in scheduled installments (see F2–F6: awards vest over three or five equal annual installments beginning on specified December dates).
- Transaction code: A = Award/Grant (equity compensation).
- Filing timing: The Form 4 was filed on 2026-02-13; many of these award dates are months earlier, so the filing appears late relative to the standard 2-business-day Form 4 deadline for reportable transactions.
Context
- These transactions are compensation-based equity awards (vesting/grants) rather than purchases from the open market; such awards reflect pay/retainer arrangements for directors and do not by themselves indicate buying or selling intent.
- For retail investors, awards are useful to track director compensation and dilution but are not the same signal as an insider buying stock with personal funds.
Insider Transaction Report
- Award
Common Stock
[F1]2025-04-10$24.33/sh+123$2,993→ 26,001 total - Award
Common Stock
[F1]2025-07-10$25.60/sh+117$2,995→ 26,118 total - Award
Common Stock
[F1]2025-10-10$25.84/sh+116$2,997→ 26,234 total - Award
Common Stock
[F1]2026-01-12$28.42/sh+105$2,984→ 26,339 total - Award
Common Stock
[F1]2026-02-11$31.62/sh+43$1,360→ 26,382 total
- 40(indirect: Restricted Stock)
Common Stock
[F2] - 280(indirect: Restricted Stock)
Common Stock
[F3] - 420(indirect: Restricted Stock)
Common Stock
[F4] - 550(indirect: Restricted Stock)
Common Stock
[F5] - 82(indirect: Restricted Stock)
Common Stock
[F5] - 825(indirect: Restricted Stock)
Common Stock
[F6]
Footnotes (6)
- [F1]Director Retainer Shares issued under the 2024 Equity Incentive Plan.
- [F2]Award vests in five equal installments beginning on December 14, 2022 and annually thereafter during such periods of continued service as an Employee, Outside Director or Director Emeritus, as applicable.
- [F3]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.
- [F4]Award vests in five equal installments beginning on December 12, 2024 and annually thereafter during such periods of continued service as an Employee, Outside Director or Director Emeritus, as applicable.
- [F5]Award vests in three equal installments beginning on December 15, 2025 and annually thereafter during such periods of continued service as an Employee, Outside Director or Director Emeritus, as applicable.
- [F6]Award vests in three equal installments beginning on December 15, 2026 and annually thereafter during such periods of continued service as an Employee, Outside Director or Director Emeritus, as applicable.