Nolan Alexandra K 4
4 · NORWOOD FINANCIAL CORP · Filed Apr 14, 2026
Research Summary
AI-generated summary of this filing
Norwood Financial (NWFL) Director Alexandra K. Nolan Receives Award
What Happened
- Alexandra K. Nolan, a director of Norwood Financial Corp (NWFL), was issued 45 shares as a director retainer award on April 10, 2026. The shares are recorded at $30.39 each, with a total reported value of $1,368. This was an award/grant (A) rather than an open-market purchase or sale.
Key Details
- Transaction date and price: 2026-04-10, 45 shares @ $30.39 per share (total $1,368).
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Footnotes: F1 indicates these are Director Retainer Shares issued under the 2024 Equity Incentive Plan. Additional footnotes (F2–F6) in the filing describe typical multi-year vesting schedules for similar awards (vesting in equal annual installments beginning in 2022–2026 ranges).
- Filing timeliness: Form 4 was filed on 2026-04-14 for the 2026-04-10 transaction — this appears to be later than the SEC’s usual two-business-day filing requirement for Form 4s.
Context
- Director retainer shares are a form of compensation for board service and are common; they do not necessarily indicate the director’s personal buying or selling intent. Vesting provisions (referenced in the footnotes) may restrict when the shares become fully owned and transferable.
Insider Transaction Report
Form 4
Nolan Alexandra K
Director
Transactions
- Award
Common Stock
[F1]2026-04-10$30.39/sh+45$1,368→ 2,761 total
Holdings
- 217,077(indirect: By Trust)
Common Stock
- 65,306(indirect: By Trust)
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.
Signature
/s/ Alexandra K. Nolan by Mackenzie Jackson, Power of Attorney|2026-04-14