Schmalzle Ronald R 4
4 · NORWOOD FINANCIAL CORP · Filed May 13, 2026
Research Summary
AI-generated summary of this filing
Norwood Financial Director Ronald Schmalzle Receives 45-Share Award
What Happened
- Ronald R. Schmalzle, a director of Norwood Financial Corp. (NWFL), was granted 45 shares on May 11, 2026. The reported acquisition price is $30.20 per share, for a total reported value of $1,359. The transaction is coded as an award/grant (A) rather than an open-market purchase or sale.
Key Details
- Transaction date and price: May 11, 2026 — 45 shares at $30.20 each (total $1,359).
- Filing date: Form 4 filed May 13, 2026 (within the typical two-business-day window).
- 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. Footnotes F2 and F3 describe vesting schedules (three equal annual installments beginning Dec. 15, 2025 and Dec. 15, 2026, respectively) as applicable.
- Transaction type: Award/grant (compensation), not an open-market buy or sale.
Context
- This grant is a form of director compensation and appears subject to multi-year vesting, so the shares may not be immediately transferable. Such awards are routine for board service and are not the same signal as an outright market purchase or sale. The Form 4 was filed promptly following the transaction.
Insider Transaction Report
Form 4
Schmalzle Ronald R
Director
Transactions
- Award
Common Stock
[F1]2026-05-11$30.20/sh+45$1,359→ 9,390 total
Holdings
- 26,468(indirect: By IRA)
Common Stock
- 550(indirect: Restricted Stock)
Common Stock
[F2] - 825(indirect: Restricted Stock)
Common Stock
[F3]
Footnotes (3)
- [F1]Director Retainer Shares issued under the 2024 Equity Incentive Plan.
- [F2]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.
- [F3]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/Ronald R. Schmalzle, by Mackenzie Jackson, Power of Attorney|2026-05-13