Andress Spencer J 4

What Happened Spencer J. Andress, a director of NORWOOD FINANCIAL CORP (NWFL), was granted 46 shares as a director retainer on 2026-03-11. The filing reports an acquisition price of $29.40 per share, valuing the award at about $1,352. This was an award of stock (transaction code A), not an open-market purchase or sale.

Key Details

• Transaction date: 2026-03-11; reported on Form 4 filed 2026-03-13 (timely filing).
• Shares granted: 46 at $29.40 per share; total value ≈ $1,352.
• Footnote: Director retainer shares issued under the 2024 Equity Incentive Plan (F1).
• Shares owned after the transaction: not specified in the provided filing.

Context Director retainer shares are a form of compensation for board service and are routine; they reflect pay, not necessarily a personal buy/sell signal. The value is small relative to typical market-capital moves, so this is mainly administrative compensation disclosure rather than an investment endorsement.