Nolan Alexandra K 4
4 · NORWOOD FINANCIAL CORP · Filed Mar 13, 2026
Research Summary
AI-generated summary of this filing
Norwood Financial (NWFL) Director Alexandra K. Nolan Receives Award
What Happened
- Alexandra K. Nolan, a director of Norwood Financial Corp. (NWFL), was issued 46 shares as a director retainer award on March 11, 2026. The shares were valued at $29.40 each, for a total reported value of $1,352. This transaction is an award/grant (code A) — compensation issued to a director rather than an open-market purchase or sale.
Key Details
- Transaction date and price: 2026-03-11 — 46 shares at $29.40 per share (total $1,352).
- Transaction type: Award / Grant (code A).
- Filing date: Form 4 filed 2026-03-13 (filed within the SEC’s two-business-day reporting window).
- Shares owned after transaction: Not specified in the reported data.
- Footnotes: F1 indicates these were Director Retainer Shares issued under the 2024 Equity Incentive Plan. F2–F6 describe various multi-year vesting schedules (installment vesting beginning in Dec 2022–Dec 2026 for different awards).
Context
- These shares were issued as director compensation (retainer shares) and vest according to the schedules noted in the footnotes. Such grants are routine forms of director pay and do not, by themselves, indicate the insider’s market sentiment; they represent compensation rather than an out-of-pocket purchase.
Insider Transaction Report
Form 4
Nolan Alexandra K
Director
Transactions
- Award
Common Stock
[F1]2026-03-11$29.40/sh+46$1,352→ 2,716 total
Holdings
- 217,077(indirect: By Trust)
Common Stock
- 65,306(indirect: By Trust)
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/ Alexandra K. Nolan by Mackenzie Jackson, Power of Attorney|2026-03-13