Norwood Financial Corp: director Ronald R Schmalzle received 40 shares

What happened

• Ronald R Schmalzle, director, received 40 shares as an award at $33.70 per share, for a total value of $1,348, on Oct 13, 2026.

Key details

• Transaction date and price: Oct 13, 2026; $33.70 per share.
• Shares owned after the transaction: not reported in the filing.
• Footnotes from the filing:
  • F1: Director Retainer Shares issued under the 2024 Equity Incentive Plan.
  • F2: Award vests in three equal installments beginning Dec 15, 2025 and annually thereafter during such periods of continued service as an Employee, Outside Director or Director Emeritus, as applicable.
  • F3: Award vests in three equal installments beginning on Dec 15, 2026 and annually thereafter during such periods of continued service as an Employee, Outside Director or Director Emeritus, as applicable.
• Filing and report dates: filed on Oct 14, 2026; period of report Oct 13, 2026.

Why it may matter

• This was an award of director retainer shares under the 2024 Equity Incentive Plan with vesting terms noted in the filing (see F2 and F3 for scheduled vesting in three equal annual installments beginning Dec 15, 2025 and Dec 15, 2026).
• A filing does not show why the insider traded or why the company acted.