4Filed Aug 10, 8:00 PM ET
Norwood Financial (NWFL) Director Marissa S. Nacinovich Receives Award
$NWFL · NORWOOD FINANCIAL CORPResearch Summary
AI-generated summary of this SEC filing
Norwood Financial (NWFL) Director Marissa S. Nacinovich Receives Award
What Happened
- Marissa S. Nacinovich, a director of Norwood Financial Corp. (NWFL), was granted 40 shares as a director retainer award on August 10, 2026. The reported price per share was $34.02, giving the award a reported value of about $1,361. This was an equity award (transaction code A), not an open‑market purchase or sale.
Key Details
- Transaction date and price: Aug 10, 2026 — 40 shares at $34.02 each.
- Total reported value: approximately $1,361.
- Shares owned after transaction: not specified in the provided filing.
- Filing date: Form 4 filed Aug 11, 2026 (filed promptly following the transaction).
- Footnotes: F1 — these are Director Retainer Shares issued under the 2024 Equity Incentive Plan. F2 — the award vests in three equal installments beginning Dec 15, 2026 and annually thereafter while the recipient continues service as an Employee, Outside Director, or Director Emeritus.
Context
- This grant is compensation for board service (retainer shares) and will vest over time, so it does not represent an immediate purchase of tradable shares nor an immediate liquidity event. The economic size of this grant is small (~$1.4k), so it is unlikely to be a material market signal on its own.