Gifford Jeffrey S 4

What Happened

• Jeffrey S. Gifford, a director of Norwood Financial Corp. (NWFL), received a grant of 45 shares on April 10, 2026. The filing shows an acquisition price of $30.39 per share, valuing the award at approximately $1,368. This was an equity award (transaction code A), issued as part of director compensation rather than an open-market purchase.

Key Details

• Transaction date: 2026-04-10; Filed with the SEC: 2026-04-14 (timely — within required two business days).
• Price/value: $30.39 per share; total value ≈ $1,368.
• Shares owned after the transaction: not specified in the provided excerpt of the filing.
• Footnotes: F1 indicates these are Director Retainer Shares issued under the 2024 Equity Incentive Plan. Additional footnotes (F2–F6) describe vesting schedules (multiple equal installments beginning in specified years); the award may be subject to vesting per those schedules.
• Transaction code: A = Award/Grant (not a purchase or sale).

Context

• This grant represents director compensation (routine issuance) rather than a market buy or sell; such awards are common and do not, by themselves, signal insider sentiment about the stock.
• Because the shares may vest over time per the referenced vesting schedules, the director may not have immediate, unrestricted ownership of all awarded shares.