Nacinovich Marissa S 4
4 · NORWOOD FINANCIAL CORP · Filed Mar 13, 2026
Research Summary
AI-generated summary of this filing
Norwood Financial (NWFL) Director Marissa Nacinovich Receives Award
What Happened
Marissa S. Nacinovich, a director of Norwood Financial Corp. (NWFL), received an award of 46 shares on March 11, 2026. The grant is recorded at a per-share value of $29.40, for a total reported value of approximately $1,352. This was an equity award (transaction code A), not an open-market purchase or sale.
Key Details
- Transaction date and price: March 11, 2026 — 46 shares @ $29.40 each (total ~$1,352).
- Shares owned after transaction: Not stated in the provided filing.
- Footnotes:
- F1: These are director retainer shares issued under the 2024 Equity Incentive Plan.
- F2: The award vests in three equal annual installments beginning December 15, 2026, and only during continued service as an Employee, Outside Director, or Director Emeritus.
- Filing timeliness: Reported on March 13, 2026 (filed within the normal two-business-day Form 4 window).
Context
This is a routine director compensation award rather than a market purchase or sale. Because the shares vest over time, the recipient does not receive full immediate ownership until future vesting dates; such awards are common for board retainer compensation and do not by themselves signal a change in insider sentiment.
Insider Transaction Report
- Award
Common Stock
[F1]2026-03-11$29.40/sh+46$1,352→ 394 total
- 825(indirect: Restricted Stock)
Common Stock
[F2]
Footnotes (2)
- [F1]Director Retainer Shares issued under the 2024 Equity Incentive Plan.
- [F2]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.