Norwood Financial (NWFL) Director Spencer J. Andress Receives Award

What Happened Spencer J. Andress, a director of Norwood Financial Corp (NWFL), was issued 40 shares as an award/other acquisition on August 10, 2026. The shares are valued at $34.02 each, for a total reported value of approximately $1,361. This transaction is coded as an award/grant (A) and represents compensation rather than an open-market purchase.

Key Details

• Transaction date: 2026-08-10; Filing date: 2026-08-11 (filed within the normal reporting window)
• Shares issued: 40; Price/value per share: $34.02; Total value: ~$1,361
• Transaction code: A (Award/Grant)
• Footnote: Director retainer shares issued under the 2024 Equity Incentive Plan (F1)
• Shares owned after the transaction: not specified in the filing

Context Director retainer shares are a form of compensation commonly used to pay board members and are routine. Such awards provide less direct insight into an insider’s market view than personal purchases or sales, but they do increase insider ownership modestly.