Gifford Jeffrey S 4/A
4/A · NORWOOD FINANCIAL CORP · Filed Feb 17, 2026
Research Summary
AI-generated summary of this filing
Norwood Financial (NWFL) Director Jeffrey Gifford Receives Stock Awards
What Happened
Jeffrey S. Gifford, a director of Norwood Financial Corp. (NWFL), was issued/vested a series of equity awards (reporting code A) across five dates, acquiring a total of 504 shares: 123 @ $24.33, 117 @ $25.60, 116 @ $28.42, 105 @ $28.42, and 43 @ $31.62. The aggregate reported value of these awards is approximately $13,629. These transactions are equity awards/retainer shares—not open-market purchases or sales.
Key Details
- Transaction dates & amounts:
- 2025-04-10: 123 shares @ $24.33 = $2,993 (F1)
- 2025-07-10: 117 shares @ $25.60 = $2,995 (F3)
- 2025-10-10: 116 shares @ $28.42 = $3,297 (F4)
- 2026-01-12: 105 shares @ $28.42 = $2,984 (F4)
- 2026-02-11: 43 shares @ $31.62 = $1,360 (F6)
- Total: 504 shares, ~$13,629 aggregate.
- Shares owned after transaction: not disclosed in the provided filing details.
- Footnotes: F1 = Director retainer shares under the 2024 Equity Incentive Plan; F2–F6 describe multi-year vesting schedules (some awards vest in five equal annual installments beginning in 2022–2024; others vest in three installments beginning in 2025–2026).
- Filing status: This is an amended Form 4 filed 2026-02-17 covering awards issued Apr 2025–Feb 2026.
Context
- Code A = award/grant (shares issued or vested). These are routine equity compensation items for directors and reflect compensation/vesting rather than an open-market signal.
- Vesting schedules mean some awards were current vestings while others reference future staggered vesting per the noted footnotes.
- No sales, gifts, or option exercises reported in this filing.
Insider Transaction Report
Form 4/AAmended
Gifford Jeffrey S
Director
Transactions
- Award
Common Stock
[F1]2025-04-10$24.33/sh+123$2,993→ 26,165 total - Award
Common Stock
[F1]2025-07-10$25.60/sh+117$2,995→ 26,282 total - Award
Common Stock
[F1]2025-10-10$28.42/sh+116$3,297→ 26,398 total - Award
Common Stock
[F1]2026-01-12$28.42/sh+105$2,984→ 26,503 total - Award
Common Stock
[F1]2026-02-11$31.62/sh+43$1,360→ 26,546 total
Holdings
- 76,082(indirect: By Spouse)
Common Stock
- 2,487(indirect: By Custodian Abigail Lockwood)
Common Stock
- 2,487(indirect: By Custodian Ryan Lockwood)
Common Stock
- 35,746(indirect: By IRA)
Common Stock
- 6,920(indirect: By Spouse)
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.
Signature
/s/ Jeffrey S. Gifford by John M. McCaffery POA|2026-02-17