Andress Spencer J 4

What Happened
Spencer J. Andress, a director of Norwood Financial Corp (NWFL), was issued 43 shares as a director retainer award on July 10, 2026. The shares were recorded at $31.88 each, for a total value of $1,371. This transaction is an award/grant (code A) issued under the company's 2024 Equity Incentive Plan and reflects compensation rather than an open-market purchase.

Key Details

• Transaction date: 2026-07-10; price per share: $31.88; total value: $1,371.
• Filing date: Form 4 filed 2026-07-14 (four days after the transaction). Form 4s are generally due within two business days of the transaction—review timeliness if relevant.
• Shares owned after the transaction: not reported in the provided filing.
• Footnote: Director retainer shares issued under the 2024 Equity Incentive Plan.

Context
This was a compensation issuance to a director (retainer shares), which is routine and does not necessarily signal the director buying or selling based on outlook. The dollar amount is modest. No option exercises, gift codes, or 10% owner indicators are involved in this filing.