Carroll Joseph W 4
Research Summary
AI-generated summary
NORWOOD FINANCIAL (NWFL) Director Joseph W. Carroll Receives 43 Shares
What Happened
Joseph W. Carroll, a director of Norwood Financial Corp (NWFL), was issued 43 shares on 2026-07-10 at an attributed price of $31.88 per share, for a total value of approximately $1,371. This was an award/retainer issuance (an acquisition via grant), not an open-market purchase or sale.
Key Details
- Transaction date: 2026-07-10; reported on Form 4 filed 2026-07-14.
- Price per share reported: $31.88; total value ≈ $1,371.
- Shares owned after the transaction: not specified in the provided filing excerpt.
- Footnote: Director retainer shares were issued under the 2024 Equity Incentive Plan (F1).
- Filing timeliness: The Form 4 was filed four days after the transaction date (Form 4s are normally required within two business days), so this appears to be a late filing.
Context
This was a compensation-related award (director retainer shares), which is routine for board service and does not represent an open-market buy or sale by the director. Such grants are common and are generally considered neutral from a market-sentiment perspective compared with voluntary purchases or sales.