Schmalzle Ronald R 4

What Happened Ronald R. Schmalzle, a director of Norwood Financial Corp (NWFL), was granted 43 shares as a director retainer award on July 10, 2026. The award is recorded at a per-share value of $31.88, for a total reported value of $1,371. This was an equity award (transaction code A), not an open-market purchase or sale.

Key Details

• Transaction date and filing: Award dated 2026-07-10; Form 4 filed 2026-07-14 (filed 4 days after the transaction).
• Security and amount: 43 shares acquired at $31.88 per share; total value $1,371.
• Shares owned after transaction: Not disclosed in the information provided.
• Footnotes included in the filing:
  • F1: Director retainer shares issued under the 2024 Equity Incentive Plan.
  • F2: Award vests in three equal installments beginning December 15, 2025 and annually thereafter during continued service.
  • F3: Award vests in three equal installments beginning December 15, 2026 and annually thereafter during continued service.
• Transaction code: A (award/grant).

Context This is a standard director retainer equity award, which is common compensation for board service and does not by itself signal the director buying or selling shares in the open market. Note the filing was submitted four days after the reported transaction date; late filings reduce transparency but do not necessarily indicate any change in company fundamentals.