NORWOOD FINANCIAL CORP·4

May 13, 1:53 PM ET

Nacinovich Marissa S 4

4 · NORWOOD FINANCIAL CORP · Filed May 13, 2026

Research Summary

AI-generated summary of this filing

Updated

Norwood Financial (NWFL) Director Marissa Nacinovich Receives Award

What Happened
Marissa S. Nacinovich, a director of Norwood Financial Corp (NWFL), was granted 45 shares as a director retainer award on May 11, 2026. The grant price was $30.20 per share, for a total value of $1,359. This was an award (not a market purchase or sale).

Key Details

  • Transaction date: 2026-05-11; Filing date (Form 4): 2026-05-13 (filed within the typical 2-business-day window).
  • Grant type/code: A = Award/Grant/Other acquisition.
  • Shares granted: 45 at $30.20 per share (total $1,359).
  • Shares owned after transaction: Not specified in the filing.
  • Footnotes: (F1) Shares issued under the 2024 Equity Incentive Plan as director retainer; (F2) Award vests in three equal annual installments beginning December 15, 2026, contingent on continued service as an Employee, Outside Director, or Director Emeritus.

Context
This is a standard director compensation grant (retainer shares) rather than an open-market purchase or sale. Such awards are routine for board members and reflect compensation, not a direct buy/sell signal about the director's private view of the stock. The award vests over time, so the director does not receive all shares immediately.

Insider Transaction Report

Form 4
Period: 2026-05-11
Transactions
  • Award

    Common Stock

    [F1]
    2026-05-11$30.20/sh+45$1,359484 total
Holdings
  • Common Stock

    [F2]
    (indirect: Restricted Stock)
    825
Footnotes (2)
  • [F1]Director Retainer Shares issued under the 2024 Equity Incentive Plan.
  • [F2]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/Marissa S Nacinovich by Mackenzie Jackson, Power of Attorney|2026-05-13

Documents

1 file
  • 4
    ownership.xmlPrimary

    4