Gifford Jeffrey S 4

What Happened

• Jeffrey S. Gifford, a director of Norwood Financial Corp. (NWFL), received a grant/award of 43 shares on 2026-07-10. The reported per-share price is $31.88, for a total reported value of approximately $1,371. This was an award (not a market purchase or sale).

Key Details

• Transaction date: 2026-07-10; reported filing date: 2026-07-14 (timely filing).
• Transaction type/code: Award/Grant (A).
• Price: $31.88 per share; total value ≈ $1,371.
• Shares owned after transaction: not disclosed in the filing.
• Footnotes: F1 indicates these are Director Retainer Shares issued under the 2024 Equity Incentive Plan. Additional footnotes (F2–F6) describe multi-year vesting schedules (varying 3–5 equal annual installments beginning between Dec 2022 and Dec 2026).
• No indication of tax withholding, 10b5-1 plan, or sale of shares in this filing.

Context

• This was a compensation award (retainer shares) — common for directors to align interests and retain service; such grants are not the same as an open-market purchase and are a neutral/compensation-related disclosure rather than a clear bullish signal. The vesting footnotes show the shares are subject to multi-year vesting, tying them to continued service.