NORWOOD FINANCIAL CORP·4/A

Feb 17, 3:15 PM ET

Gifford Jeffrey S 4/A

Research Summary

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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.