Hungerford Meg L 4
4 · NORWOOD FINANCIAL CORP · Filed Mar 13, 2026
Research Summary
AI-generated summary of this filing
Norwood Financial (NWFL) Director Meg Hungerford Receives 46-Share Award
What Happened
Meg L. Hungerford, 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 was an award/grant (code A) under the company's equity plan, not an open-market purchase or sale.
Key Details
- Transaction date: March 11, 2026; Filing date (Form 4): March 13, 2026 — appears timely (within the two-business-day window).
- Shares granted: 46; Price per share: $29.40; Total reported value: $1,352.
- Shares owned after transaction: Not disclosed in this Form 4.
- Footnotes included in the filing:
- F1: Director Retainer Shares issued under the 2024 Equity Incentive Plan.
- F2–F6: Describe various vesting schedules (installments beginning Dec 2022–Dec 2026) that may apply to awards issued under the plan.
- Transaction code: A = Award/Grant.
Context
Director retainer shares are a form of compensation for board service and typically vest according to the company’s equity plan schedule; they are different from open-market purchases and do not by themselves indicate the director’s immediate trading sentiment. The grant here is relatively small in value and appears to be routine director compensation.
Insider Transaction Report
- Award
Common Stock
[F1]2026-03-11$29.40/sh+46$1,352→ 6,153 total
- 990(indirect: By Children)
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.