Schmalzle Ronald R 4

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.