Nolan Alexandra K 4

What Happened Nolan Alexandra K, a director of Norwood Financial Corp (NWFL), was issued 45 director retainer shares (transaction code A — award/grant) on May 11, 2026. The shares were valued at $30.20 each, for a total value of $1,359. This was an equity award/retainer issuance, not an open-market purchase or sale.

Key Details

• Transaction date and price: May 11, 2026 — 45 shares at $30.20 each (total $1,359).
• Transaction type: A (Grant/Award/Other acquisition).
• Plan: Issued under the 2024 Equity Incentive Plan (Footnote F1).
• Vesting: Footnotes (F2–F6) describe staggered vesting schedules (installments over 3–5 years depending on the award).
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Filing timeliness: Form 4 filed May 13, 2026 (appears timely — within the two-business-day filing window).

Context This was a compensation-related grant (director retainer shares), a routine way companies compensate board members. Such awards are common and reflect compensation policy rather than an insider buying shares in the open market; vesting schedules mean some shares may be subject to restrictions and will vest over time per the listed footnotes.