Matergia Ralph A 4

What Happened Ralph A. Matergia, a director of Norwood Financial Corp (NWFL), was issued 46 shares as a director retainer award on March 11, 2026. The filing reports an acquisition at $29.40 per share, for a total reported value of $1,352. This was an award/grant (compensation) rather than an open‑market purchase or sale.

Key Details

• Transaction date: 2026-03-11; Form 4 filed: 2026-03-13 (filed two days after the transaction).
• Shares issued: 46 at $29.40 per share; total reported value $1,352.
• Shares owned after transaction: Not specified in the provided filing.
• Footnotes: F1 indicates these are Director Retainer Shares issued under the 2024 Equity Incentive Plan. Footnotes F2–F6 in the filing describe various multi‑year vesting schedules (awards vest in 3–5 equal annual installments depending on the award).
• Tax withholding or share-for-share withholding: Not disclosed.
• Filing timeliness: Filed within the typical two-business-day Form 4 window (no late‑filing flag reported).

Context Director retainer shares are a form of compensation for board service and are common; they do not necessarily indicate the director is making a personal investment decision. The included footnotes show awards may vest over multiple years, so some or all of these shares could be subject to future vesting and transfer restrictions.