Carroll Joseph W 4

What Happened
Joseph W. Carroll, a director of Norwood Financial Corp (NWFL), was issued 45 shares as a director retainer on 2026-06-10. The shares were valued at $30.19 each (45 × $30.19 = $1,358.55, reported as ~$1,359). This transaction is an award/grant (code A), not an open-market purchase or sale—it reflects compensation rather than a trading decision.

Key Details

• Transaction date: 2026-06-10; filing date: 2026-06-12 (filed within the usual Form 4 reporting window).
• Transaction type/code: Award/Grant/Other Acquisition (A).
• Shares issued: 45 at $30.19 each; total value ~$1,359.
• Shares owned after the transaction: not specified in the filing.
• Footnote: Director retainer shares issued under the 2024 Equity Incentive Plan (per filing footnote).

Context
Director retainer share awards are common compensation for board service and do not necessarily indicate the director's view on the stock. The dollar value here is modest (~$1.4k), so this is routine compensation rather than a material insider investment.