NORWOOD FINANCIAL CORP·4

May 13, 2:06 PM ET

LAMONT KEVIN M 4

Research Summary

AI-generated summary

Updated

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.