Nolan Alexandra K 4
Research Summary
AI-generated summary
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.