Norwood Financial (NWFL) Director Jeffrey S. Gifford Receives 39-Share Award

What Happened

• Jeffrey S. Gifford, a director of Norwood Financial Corp. (NWFL), was granted 39 shares (transaction code A) on September 10, 2026. The filing reports a per-share price of $34.47 and a total reported value of $1,344 for the award. This was an issuance of director retainer shares under the company’s equity incentive plan (an acquisition/award rather than an open-market purchase).

Key Details

• Transaction date: 2026-09-10; Filing date: 2026-09-11 (appears timely).
• Price reported: $34.47 per share; Total reported value: $1,344.
• Shares acquired: 39 shares issued as director retainer shares under the 2024 Equity Incentive Plan (footnote F1).
• Shares owned after transaction: not specified in the provided excerpt of the filing.
• Footnotes included in the filing: F1 indicates these are Director Retainer Shares under the 2024 Equity Incentive Plan; F2–F6 provide standard vesting schedules the company uses for various awards (installment vesting across different start dates and term lengths).
• Filing timeliness: The report covers a 9/10/2026 grant and was filed 9/11/2026, which appears to meet Form 4 timing requirements.

Context

• This was an award/retainer issuance to a director, not an open-market buy or sale. Such grants are routine compensation for board service and may vest over time per the plan’s schedules, so they do not necessarily indicate immediate insider buying conviction.
• The dollar value is modest (~$1.3k), so this is a routine director compensation event rather than a significant insider investment signal.