Norwood Financial director buys 600 shares in IRA
Norwood Financial Corp director Ronald R. Schmalzle bought additional company stock in an indirect account.
Sentiment and the balance of points
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Form Type
4/A
Rhea-AI Filing Summary
Norwood Financial Corp director Ronald R. Schmalzle bought additional company stock in an indirect account. On August 5, 2025, he made an open-market purchase of 600 shares of common stock at $24.35 per share through an IRA.
After this transaction, his IRA indirectly holds 27,068 shares. He also directly owns 8,115 shares and has 825 restricted shares, which vest in three equal installments beginning on December 15, 2025 and annually thereafter while he continues serving the company.
Insider Trade Summary
Net Buyer: 600 shares
Net Buy
3 txns
Insider
Schmalzle Ronald R
Role
Director
Bought
600 shs ($15K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 600 | $24.35 | $15K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 27,068 shares (Indirect, IRA);
Common Stock — 8,115 shares (Direct);
Common Stock — 825 shares (Indirect, Restricted Stock)
Footnotes (1)
- F1. Award vests in three equal installments beginning December 15, 2025 and annually thereafter during such periods of continued service as an Employee, Outside Director or Director Emeritus, as applicable.
Key Figures
Shares purchased: 600 shares
Purchase price: $24.35 per share
IRA holdings after purchase: 27,068 shares
+3 more
6 metrics
Shares purchased
600 shares
Open-market purchase on August 5, 2025
Purchase price
$24.35 per share
Open-market transaction
IRA holdings after purchase
27,068 shares
Indirect ownership via IRA after August 5, 2025
Direct holdings
8,115 shares
Direct ownership after reported transactions
Restricted stock
825 shares
Restricted stock award subject to vesting
Vesting start date
December 15, 2025
First of three equal vesting installments
Key Terms
open-market purchase, Restricted Stock, IRA, restricted stock award
4 terms
open-market purchase financial
"Purchase in open market or private transaction"
An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.
Restricted Stock financial
"nature_of_ownership": "Restricted Stock""
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
IRA financial
"nature_of_ownership": "IRA""
An individual retirement account (IRA) is a savings account designed to help people put aside money for their retirement, often with tax advantages that encourage long-term savings. It matters to investors because it can grow over time, providing financial security later in life, and offers benefits that can reduce current taxes or allow investments to compound more effectively.
restricted stock award financial
"Award vests in three equal installments beginning December 15, 2025"
A restricted stock award is company shares given to an employee or executive that cannot be sold or fully owned until certain conditions—like staying with the company for a set time or hitting performance targets—are met. Think of it as a gift that only becomes yours after you fulfill specific obligations; for investors, these awards matter because they can increase the total shares outstanding when they vest, reveal how management is being paid and motivated, and create potential selling pressure when restrictions lift.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Ronald R. Schmalzle report at NORWOOD FINANCIAL CORP (NWFL)?
Director Ronald R. Schmalzle reported an open-market purchase of company stock. On August 5, 2025, he bought 600 shares of Norwood Financial common stock through an IRA account, increasing his indirect holdings in the company’s shares held in that retirement vehicle.
What are Ronald R. Schmalzle’s indirect IRA holdings in NORWOOD FINANCIAL CORP (NWFL) after the transaction?
Following the August 5, 2025 purchase, Schmalzle’s IRA indirectly holds 27,068 shares of Norwood Financial common stock. This figure represents the total shares in that retirement account after adding the newly acquired 600 shares to his prior indirect IRA position.
What restricted stock does Ronald R. Schmalzle hold in NORWOOD FINANCIAL CORP (NWFL) and when does it vest?
Schmalzle holds 825 shares of Norwood Financial restricted stock. According to the vesting terms, this award vests in three equal installments starting on December 15, 2025 and then annually, as long as he continues to serve in an eligible role with the company.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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