Hungerford Meg L 4

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.