Nacinovich Marissa S 4

What Happened

• Marissa S. Nacinovich, a director of Norwood Financial Corp (NWFL), received a grant of 45 shares (transaction code A) on 2026-06-10. The grant is reported at $30.19 per share for a total reported value of $1,359.
• This was an equity award issued as director compensation (not an open-market purchase), so it reflects compensation rather than a direct market bet.

Key Details

• Transaction date: 2026-06-10; filing date: 2026-06-12 (appears to be filed timely).
• Shares granted: 45 at $30.19 per share; reported total value $1,359.
• Shares owned after the transaction: not disclosed in the filing.
• Footnote: Shares were issued as Director Retainer Shares under the 2024 Equity Incentive Plan.
• Vesting: Award vests in three equal installments beginning December 15, 2026 and annually thereafter, contingent on continued service as an Employee, Outside Director, or Director Emeritus.
• Transaction type code: A = award/grant.

Context

• This is a compensation-driven grant (director retainer) rather than a market purchase or sale; such awards are common for board service and do not necessarily signal the insider’s short-term view of the stock.
• Vesting schedule means the shares are not fully owned immediately; future ownership depends on continued service.