4Filed Aug 10, 8:00 PM ET

NORWOOD Financial (NWFL) Director Jeffrey Gifford Receives 40 Shares

$NWFL · NORWOOD FINANCIAL CORP

Research Summary

AI-generated summary of this SEC filing

Updated

NORWOOD Financial (NWFL) Director Jeffrey Gifford Receives 40 Shares

What Happened Jeffrey S. Gifford, a director of NORWOOD Financial Corp (NWFL), was granted 40 shares (transaction code A — award/grant) on August 10, 2026. The grant is recorded at $34.02 per share for a total value of $1,361. This was an equity award (compensation/retainer), not an open-market purchase or sale.

Key Details

  • Transaction date: 2026-08-10; Filing date (Accession): 2026-08-11 (filed next day).
  • Price per share: $34.02; Total reported value: $1,361.
  • Shares owned after transaction: Not specified in the provided filing excerpt.
  • Footnotes: F1 indicates these are Director Retainer Shares issued under the 2024 Equity Incentive Plan. Footnotes F2–F6 describe various multi-year vesting schedules (annual installments beginning between Dec 2022 and Dec 2026) that may apply depending on the award.
  • Timeliness: Filing appears timely (reported the day after the transaction); no late-filing flag noted.

Context This was a standard director retainer equity award as compensation. Such awards are routine and tied to service/vesting schedules (see footnotes) rather than a direct market-based endorsement of the stock; they don't by themselves indicate an insider buying shares on the open market.