Schmalzle Ronald R 4
4 · NORWOOD FINANCIAL CORP · Filed May 26, 2026
Research Summary
AI-generated summary of this filing
Norwood Financial (NWFL) Director Ronald R. Schmalzle Receives Award
What Happened
Ronald R. Schmalzle, a director of Norwood Financial Corp (NWFL), received a grant/award of 700 common shares on May 26, 2026. The shares are valued at $30.19 each, for a total grant value of $21,133. This was an award/acquisition (not an open-market purchase or sale).
Key Details
- Transaction date: 2026-05-26; Price per share: $30.19; Total value: $21,133.
- Transaction type: Award/Grant (reported as "A" — acquisition through compensation/award).
- Shares owned after the transaction: Not specified in the provided filing summary.
- Vesting notes: Filing includes two footnotes indicating vesting schedules — one vests in three equal installments beginning December 15, 2025 and annually thereafter (F1); another vests in three equal installments beginning December 15, 2026 and annually thereafter (F2).
- Filing timeliness: Report filed on 2026-05-26 (same date as the transaction); no late filing indicated in the summary.
Context
This is a compensatory equity award to a board member rather than an open-market purchase or sale. Such awards are typically part of director compensation and vest over time per the notes, so they do not necessarily reflect an immediate change in insider conviction about the stock.
Insider Transaction Report
Form 4
Schmalzle Ronald R
Director
Transactions
- Award
Common Stock
2026-05-26$30.19/sh+700$21,133→ 27,168 total(indirect: By IRA)
Holdings
- 9,390
Common Stock
- 550(indirect: Restricted Stock)
Common Stock
[F1] - 825(indirect: Restricted Stock)
Common Stock
[F2]
Footnotes (2)
- [F1]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.
- [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/Ronald R. Schmalzle, by Mackenzie Jackson, Power of Attorney|2026-05-26