Hungerford Meg L 4
4 · NORWOOD FINANCIAL CORP · Filed Feb 13, 2026
Research Summary
AI-generated summary of this filing
Norwood Financial (NWFL) Director Meg L. Hungerford Receives Awards
What Happened
Meg L. Hungerford, a director of Norwood Financial Corp. (NWFL), acquired a series of equity award shares as they vested under the company's equity plan. The filing reports five acquisitions between 2025-04-10 and 2026-02-11 totaling 504 shares for 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 are award/grant acquisitions (code A) — the insider received vested compensation shares rather than buying stock on the open market.
Key Details
- Transaction dates and prices: listed above (Apr 10, 2025 through Feb 11, 2026).
- Total shares acquired: 504; approximate total value: $13,329.
- Shares owned after transaction: Not specified in the provided filing details.
- Footnotes: F1 indicates these are Director Retainer Shares issued under the 2024 Equity Incentive Plan. F2–F6 describe varying vesting schedules (some awards vest in five equal annual installments beginning Dec 2022–2024; others vest in three equal annual installments beginning Dec 2025 or Dec 2026).
- Filing timeliness: The report shows a late filing (timeliness flag 'L'); delayed filings can limit prompt public visibility but do not change the nature of the transactions.
Context
These transactions are vesting of equity awards (compensation/retainer) rather than open-market purchases or sales. Such award-based acquisitions are typically routine compensation or retention-related and should not be interpreted as the same signal as an outright insider buy or sell in the open market.
Insider Transaction Report
- Award
Common Stock
[F1]2025-04-10$24.33/sh+123$2,993→ 5,726 total - Award
Common Stock
[F1]2025-07-10$25.60/sh+117$2,995→ 5,843 total - Award
Common Stock
[F1]2025-10-10$25.84/sh+116$2,997→ 5,959 total - Award
Common Stock
[F1]2026-01-12$28.42/sh+105$2,984→ 6,064 total - Award
Common Stock
[F1]2026-02-11$31.62/sh+43$1,360→ 6,107 total
- 990(indirect: By Children)
Common Stock
- 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.