Nolan Alexandra K 4

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.