4Filed Aug 10, 8:00 PM ET
Norwood Financial (NWFL) Director Kevin M. Lamont Receives 40-Share Award
$NWFL · NORWOOD FINANCIAL CORPResearch Summary
AI-generated summary of this SEC filing
Norwood Financial (NWFL) Director Kevin M. Lamont Receives 40-Share Award
What Happened
- Kevin M. Lamont, a director of Norwood Financial Corp (NWFL), was granted 40 shares as a director retainer award on August 10, 2026. The grant is reported at $34.02 per share, for a total reported value of approximately $1,361. This was an award/grant (code A), not an open-market purchase or sale.
Key Details
- Transaction date and price: 2026-08-10, 40 shares at $34.02 each (total ~$1,361).
- Shares owned after transaction: not specified in the filing.
- Filing: Form 4 was filed 2026-08-11 (next day), which appears to be within the normal reporting window.
- Notable footnotes: F1 indicates these are Director Retainer Shares issued under the 2024 Equity Incentive Plan. The filing also includes other footnotes (F2–F6) describing standard multi-year vesting schedules for similar awards.
Context
- This is a compensation-related award to a director (routine retainer shares) rather than a market purchase or sale; such grants are common and reflect board compensation rather than a direct buy/sell signal.
- The award may be subject to vesting terms described in the referenced plan footnotes; check the company’s proxy or equity plan for full vesting details.