NORWOOD FINANCIAL CORP·4

Jun 12, 9:56 AM ET

LAMONT KEVIN M 4

4 · NORWOOD FINANCIAL CORP · Filed Jun 12, 2026

Research Summary

AI-generated summary of this filing

Updated

Norwood Financial (NWFL) Director Kevin Lamont Receives 45 Shares

What Happened

  • Kevin M. Lamont, a director of Norwood Financial Corp (NWFL), was granted/received 45 shares as an award on June 10, 2026. The filing reports an acquisition price of $30.19 per share, for a total value of about $1,359.
  • This was an equity award (director retainer shares) rather than an open-market purchase or sale — typically a form of compensation rather than a market sentiment signal.

Key Details

  • Transaction date: 2026-06-10; reported on Form 4 filed 2026-06-12 (appears timely — within the usual two-business-day window).
  • Price per share: $30.19; Total value: ~$1,359.
  • Shares owned after transaction: Not disclosed in the provided filing details.
  • Footnotes: F1 indicates these are Director Retainer Shares issued under the 2024 Equity Incentive Plan. Additional footnotes (F2–F6) describe various vesting schedules (installment vesting beginning in Dec 2022–Dec 2026, as applicable).
  • Transaction type: A = Award/Grant (compensation).

Context

  • Director retainer awards are routine compensation for board service; they are not the same as a director buying shares on the open market. Such awards can dilute existing shareholders modestly but are common practice.
  • The award value is small (~$1.4k), so it is not a large insider purchase that would typically attract attention as a strong bullish signal.

Insider Transaction Report

Form 4
Period: 2026-06-10
Transactions
  • Award

    Common Stock

    [F1]
    2026-06-10$30.19/sh+45$1,359136,005 total
Holdings
  • Common Stock

    (indirect: By Spouse)
    463
  • Common Stock

    [F2]
    (indirect: Restricted Stock)
    40
  • Common Stock

    [F3]
    (indirect: Restricted Stock)
    280
  • Common Stock

    [F4]
    (indirect: Restricted Stock)
    420
  • Common Stock

    [F5]
    (indirect: Restricted Stock)
    550
  • Common Stock

    [F5]
    (indirect: Restricted Stock)
    82
  • Common Stock

    [F6]
    (indirect: Restricted Stock)
    825
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 on 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|2026-06-12

Documents

1 file
  • 4
    ownership.xmlPrimary

    4