Nacinovich Marissa S 4
Research Summary
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Norwood Financial (NWFL) Director Marissa Nacinovich Receives Award
What Happened Marissa S. Nacinovich, a director of Norwood Financial Corp (NWFL), was granted 45 shares as a director retainer on April 10, 2026. The award is recorded at $30.39 per share, for a total reported value of approximately $1,368. This was an equity award (grant), not an open-market purchase or sale.
Key Details
- Transaction date and price: April 10, 2026 — 45 shares at $30.39 per share (total ~$1,368).
- Filing date: Form 4 filed April 14, 2026 (four days after the reported transaction).
- Shares owned after transaction: Not disclosed in the filing.
- Footnotes:
- F1: Shares issued as director retainer under the 2024 Equity Incentive Plan.
- F2: Award vests in three equal annual installments beginning December 15, 2026, subject to continued service as an Employee, Outside Director or Director Emeritus.
Context Director retainer share grants are routine compensation and typically reflect regular board pay rather than a direct buy/sell signal about company outlook. The award vests over time, so the shares are not immediately fully owned free of service conditions.