4Filed Sep 10, 8:00 PM ET

NORWOOD FINANCIAL (NWFL) Director Alexandra Nolan Receives 39 Shares

$NWFL · NORWOOD FINANCIAL CORP

Research Summary

AI-generated summary of this SEC filing

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NORWOOD FINANCIAL (NWFL) Director Alexandra Nolan Receives 39 Shares

What Happened

  • Alexandra K. Nolan, a director of Norwood Financial Corp (NWFL), was granted 39 shares as an award (code A) on 2026-09-10. The filing reports an acquisition price of $34.47 per share, for a total value of about $1,344. This was a compensation award (director retainer), not an open-market purchase or sale.

Key Details

  • Transaction date and price: 2026-09-10, 39 shares @ $34.47 each (total ≈ $1,344).
  • Shares owned after transaction: not specified in the filing.
  • Filing: Form 4 filed 2026-09-11 (timely; within the normal two-business-day window).
  • Footnotes: F1 indicates these are Director Retainer Shares issued under the 2024 Equity Incentive Plan. F2–F6 describe various vesting schedules (annual installments over multiple years) that apply to awards under the plan.

Context

  • This was a compensation grant to a director (routine director retainer), which is different from an insider buying shares on the open market; such awards are standard compensation and don’t necessarily signal the insider’s market view. For retail investors, purchases on the open market are typically more indicative of personal conviction than awards or retainer shares.