LAMONT KEVIN M 4
4 · NORWOOD FINANCIAL CORP · Filed May 13, 2026
Research Summary
AI-generated summary of this filing
Norwood Financial (NWFL) Director Kevin M. Lamont Receives 45 Shares
What Happened
- Kevin M. Lamont, a director of Norwood Financial Corp (NWFL), was granted 45 shares on May 11, 2026. The reported acquisition price/value per share is $30.20, for a total reported value of $1,359. This transaction is coded as an award/grant (A) — routine compensation rather than an open-market purchase.
Key Details
- Transaction date: 2026-05-11; Form 4 filed: 2026-05-13 (timely filing).
- Price/Value: $30.20 per share; total value $1,359.
- Transaction type: Award/Grant (code A) — director retainer shares under the 2024 Equity Incentive Plan (footnote F1).
- Vesting: Footnotes indicate these are subject to multi-year installment vesting schedules (see F2–F6); full vesting may be spread over several years.
- Shares owned after transaction: Not specified in the provided filing excerpt.
Context
- Director retainer shares are a common form of non-cash compensation and typically reflect standard governance pay rather than an explicit buy/sell signal. Vesting schedules mean the recipient may not immediately control or sell all shares.
Insider Transaction Report
Form 4
LAMONT KEVIN M
Director
Transactions
- Award
Common Stock
[F1]2026-05-11$30.20/sh+45$1,359→ 135,960 total
Holdings
- 463(indirect: By Spouse)
Common Stock
- 40(indirect: Restricted Stock)
Common Stock
[F2] - 280(indirect: Restricted Stock)
Common Stock
[F3] - 420(indirect: Restricted Stock)
Common Stock
[F4] - 550(indirect: Restricted Stock)
Common Stock
[F5] - 82(indirect: Restricted Stock)
Common Stock
[F5] - 825(indirect: Restricted Stock)
Common Stock
[F6]
Footnotes (6)
- [F1]Director Retainer Shares issued under the 2024 Equity Incentive Plan.
- [F2]Award vests in five equal installments beginning on December 14, 2022 and annually thereafter during such periods of continued service as an Employee, Outside Director or Director Emeritus, as applicable.
- [F3]Award vests in five equal installments beginning on December 13, 2023 and annually thereafter during such periods of continued service as an Employee, Outside Director or Director Emeritus, as applicable.
- [F4]Award vests in five equal installments beginning on December 12, 2024 and annually thereafter during such periods of continued service as an Employee, Outside Director or Director Emeritus, as applicable.
- [F5]Award vests in three equal installments beginning December 15, 2025 and annually thereafter during such periods of continued service as an Employee, Outside Director or Director Emeritus, as applicable.
- [F6]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/ Kevin M. Lamont by Mackenzie Jackson, Power of Attorney|2026-05-13