NORWOOD FINANCIAL CORP·4

Mar 13, 12:45 PM ET

Hungerford Meg L 4

Research Summary

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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.