LAMONT KEVIN M 4
Research Summary
AI-generated summary
Norwood Financial (NWFL) Director Kevin Lamont Receives 43 Shares
What Happened Kevin M. Lamont, a director of Norwood Financial Corp (NWFL), was granted 43 shares as a director retainer on July 10, 2026. The filing reports an acquisition (transaction code A) at $31.88 per share for a total value of $1,371. This is a compensation grant (award), not an open-market purchase or sale.
Key Details
- Transaction date: 2026-07-10; Filing date: 2026-07-14 (filed within the SEC’s 2-business-day Form 4 window).
- Shares granted: 43; Price per share reported: $31.88; Total value: $1,371.
- Transaction code: A (award/grant).
- Shares owned after transaction: not specified in the filing.
- Footnote F1: These are Director Retainer Shares issued under the 2024 Equity Incentive Plan. The filing also includes additional footnotes (F2–F6) describing various multi-year vesting schedules for other awards.
Context Director retainer shares are a routine form of compensation and do not necessarily signal a personal buy or sell decision by the insider. For retail investors, purchases or open-market buys can be more informative; grants are typically part of ongoing pay and may vest over time per the company’s equity-plan rules.