Nolan Alexandra K 4
Research Summary
AI-generated summary
Norwood Financial (NWFL) Director Alexandra K. Nolan Receives 45 Shares
What Happened
- Alexandra K. Nolan, a director of Norwood Financial Corp. (NWFL), was granted 45 shares as a director retainer award on June 10, 2026. The grant is reported at $30.19 per share for a total reported value of $1,359.
- This was an award/grant (transaction code A) under the company’s equity plan — a form of compensation rather than an open-market purchase or sale.
Key Details
- Transaction date: 2026-06-10; price per share: $30.19; total value: $1,359.
- Transaction type: A = Award/Grant (Director Retainer Shares under the 2024 Equity Incentive Plan; see F1).
- Shares owned after transaction: Not disclosed in the provided filing excerpt.
- Filing date: 2026-06-12 (filed within the typical 2-business-day Form 4 reporting deadline).
- Footnotes of note:
- F1: Issued under the 2024 Equity Incentive Plan as Director Retainer Shares.
- F2–F6: Describe vesting schedules (installments beginning Dec 2022 through Dec 2026, depending on the specific award).
Context
- Awards like this are routine compensation for directors and do not represent an open-market purchase or sale; they are granted as part of pay/retainer arrangements and often vest over time per the plan.
- Because this is a grant (not a sale or option exercise), it should be viewed as compensation-related reporting rather than a direct market sentiment signal.