Schmalzle Ronald R 4

What Happened Ronald R. Schmalzle, a director of Norwood Financial Corp (NWFL), acquired 700 shares in an open-market purchase on May 26, 2026. The shares were bought at $30.19 per share for a total transaction value of $21,133. The Form 4 reports a purchase (code P) rather than a sale or award.

Key Details

• Transaction date and price: 2026-05-26 — 700 shares @ $30.19 each (total $21,133).
• Transaction type: Open-market purchase (Form 4 code P).
• Shares owned after transaction: Not specified in the provided filing.
• Footnotes:
  • F1 and F2 describe previously granted awards that vest in three equal annual installments beginning Dec 15, 2025 (F1) and Dec 15, 2026 (F2). These vesting schedules relate to awards and are not the reported open-market purchase.
• Filing timeliness: Report filed 2026-05-27 for a 2026-05-26 transaction — appears timely (no late filing indicated).

Context This is a straightforward open-market buy by a company director. The filing does not indicate any option exercise, gift, or tax-withholding action tied to this trade, nor does it report whether the director is a 10% owner. Purchases by insiders are data points some investors watch for potential confidence signals, but the filing does not state any motive.