LAMONT KEVIN M 4

What Happened
Kevin M. Lamont, a director of Norwood Financial Corp. (NWFL), was granted 45 shares on April 10, 2026. The shares were reported at $30.39 each, for a total reported value of approximately $1,368. This was an award/grant (code A) issued as director retainer shares under the company's 2024 Equity Incentive Plan — an acquisition via grant rather than an open‑market purchase.

Key Details

• Transaction date: 2026-04-10; filing date: 2026-04-14 (Form 4 filed within required reporting window).
• Price/value: 45 shares × $30.39 = ~$1,368.
• Shares owned after the transaction: not specified in the provided excerpt of the filing.
• Transaction type/code: A (Grant/Award).
• Footnotes included in the filing:
  • F1: Director Retainer Shares issued under the 2024 Equity Incentive Plan.
  • F2–F6: Describe multi‑year vesting schedules (installment vesting beginning on various December dates between 2022–2026), indicating these awards generally vest over several annual installments.
• No tax‑withholding or immediate sale (cashless exercise) was indicated in the provided details.

Context
This was a compensatory equity award to a director (routine for board retainer pay) rather than an open‑market purchase that might signal new personal conviction. Awards like this typically vest over time per the plan’s schedule, so they don’t necessarily reflect immediate changes in insider sentiment.