Shook James 4

What Happened James Shook, a director of Norwood Financial Corp. (NWFL), was awarded 46 shares on 2026-03-11 as part of a director retainer. The shares were issued at $29.40 per share for a total reported value of $1,352. This was an award/acquisition (not a purchase or sale) and represents compensation rather than an open-market buy.

Key Details

• Transaction date: March 11, 2026; Form 4 filed March 13, 2026 (filed within the usual two-business-day window).
• Shares awarded: 46 at $29.40 per share; total value $1,352.
• Shares owned after transaction: Not specified in the provided filing details.
• 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, subject to continued service as an Employee, Outside Director, or Director Emeritus.
• Transaction code: A (award/grant).

Context This award is a routine form of director compensation and vests over time, so the shares are not immediately liquid or an immediate “vote of confidence.” The dollar value is modest, reflecting retainer-style pay rather than a meaningful personal investment. For investors, such grants mainly indicate standard compensation practices, not a direct signal about near-term company performance.