[Form 4/A] NORWOOD FINANCIAL CORP Amended Insider Trading Activity
Norwood Financial Corp director Jeffrey S. Gifford reported routine equity compensation grants in the form of common stock.
Rhea-AI Filing Summary
Norwood Financial Corp director Jeffrey S. Gifford reported routine equity compensation grants in the form of common stock. On 04/10/2025, 07/10/2025, 10/10/2025, 01/12/2026, and 02/11/2026 he acquired 123, 117, 116, 105, and 43 shares, respectively, as director retainer shares issued under the 2024 Equity Incentive Plan, at prices between $24.33 and $31.62 per share. After these transactions he directly held 26,546 common shares, with additional indirect holdings through spouse, custodial, IRA, and restricted stock positions.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 504 shares
Grant/Award
16 txns
Insider
Gifford Jeffrey S
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 43 | $31.62 | $1K |
| Grant/Award | Common Stock | 105 | $28.42 | $3K |
| Grant/Award | Common Stock | 116 | $28.42 | $3K |
| Grant/Award | Common Stock | 117 | $25.60 | $3K |
| Grant/Award | Common Stock | 123 | $24.33 | $3K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 26,546 shares (Direct);
Common Stock — 76,082 shares (Indirect, Spouse);
Common Stock — 2,487 shares (Indirect, By Custodian Abigail Lockwood);
Common Stock — 2,487 shares (Indirect, By Custodian Ryan Lockwood);
Common Stock — 35,746 shares (Indirect, IRA);
Common Stock — 6,920 shares (Indirect, Spouse IRA);
Common Stock — 2,197 shares (Indirect, Restricted Stock)
Footnotes (6)
- F1. Director Retainer Shares issued under the 2024 Equity Incentive Plan.
- F2. Award vests in five equal installments beginning on December 14, 2022 and annually thereafter during such periods of continued service as an Employee, Outside Director or Director Emeritus, as applicable.
- F3. Award vests in five equal installments beginning on December 13, 2023 and annually thereafter during such periods of continued service as an Employee, Outside Director or Director Emeritus, as applicable.
- F4. Award vests in five equal installments beginning on December 12, 2024 and annually thereafter during such periods of continued service as an Employee, Outside Director or Director Emeritus, as applicable.
- F5. Award vests in three equal installments beginning on December 15, 2025 and annually thereafter during such periods of continued service as an Employee, Outside Director or Director Emeritus, as applicable.
- F6. Award vests in three equal installments beginning on December 15, 2026 and annually thereafter during such periods of continued service as an Employee, Outside Director or Director Emeritus, as applicable.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider activity did NWFL director Jeffrey S. Gifford report on this Form 4/A?
Jeffrey S. Gifford reported acquiring small amounts of Norwood Financial Corp common stock as director compensation. These grants were made on several dates in 2025 and early 2026 and reflect routine director retainer shares under the company’s equity incentive plan.
What is Jeffrey S. Gifford’s direct ownership in Norwood Financial Corp after these transactions?
Following the reported acquisitions, Jeffrey S. Gifford directly held 26,546 shares of Norwood Financial Corp common stock. This figure reflects his personal holdings only and excludes additional indirect interests reported through spouse, custodial, IRA, and restricted stock positions.
What indirect NWFL holdings associated with the director are disclosed in the filing?
Indirect holdings include shares held by his spouse, custodial accounts for Abigail and Ryan Lockwood, an IRA, a spouse’s IRA, and several restricted stock awards. Each category is listed separately in the filing with its own share count and labeled as indirect ownership.
How do the restricted stock awards for NWFL vest for the reporting person?
The filing explains that several restricted stock awards vest in equal installments over three or five years. Vesting begins on specific December dates between 2022 and 2026, conditioned on continued service as an employee, outside director, or director emeritus, as applicable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
