Norwood Financial (NWFL) director granted 45 shares as retainer
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Carroll Joseph W reported acquisition or exercise transactions in this Form 4 filing.
Norwood Financial Corp director Joseph W. Carroll received 45 shares of common stock as a director retainer on an award basis. The shares were granted at a price of $30.20 per share under the 2024 Equity Incentive Plan, increasing his direct holdings to 41,739 shares.
He also reports indirect ownership of Norwood Financial common stock, including 1,100 shares by spouse IRA, 1,100 shares by IRA, and 7,247 shares by spouse, reflecting various retirement and family accounts rather than market purchases or sales.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
Carroll Joseph W
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 45 | $30.20 | $1K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 41,739 shares (Direct, null);
Common Stock — 7,247 shares (Indirect, By Spouse)
Footnotes (1)
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Key Figures
Director retainer grant: 45 shares
Grant price: $30.20 per share
Direct holdings after grant: 41,739 shares
+3 more
6 metrics
Director retainer grant
45 shares
Common Stock award on May 11, 2026
Grant price
$30.20 per share
Director Retainer Shares under 2024 Equity Incentive Plan
Direct holdings after grant
41,739 shares
Common Stock held directly by Joseph W. Carroll
Spouse IRA indirect holding
1,100 shares
Common Stock held by spouse IRA
IRA indirect holding
1,100 shares
Common Stock held by IRA
Spouse indirect holding
7,247 shares
Common Stock held by spouse
Key Terms
Director Retainer Shares, 2024 Equity Incentive Plan, indirect ownership, IRA, +1 more
5 terms
2024 Equity Incentive Plan financial
"Director Retainer Shares issued under the 2024 Equity Incentive Plan."
indirect ownership financial
"ownership_type": "indirect", "ownership_code": "I""
IRA financial
"nature_of_ownership": "By 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.
Common Stock financial
"security_title": "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What insider transaction did Norwood Financial Corp (NWFL) report for Joseph W. Carroll?
Norwood Financial Corp reported that director Joseph W. Carroll received 45 shares of common stock as a director retainer. The award was recorded at $30.20 per share, increasing his directly held position to 41,739 shares after the transaction.
Was the Norwood Financial (NWFL) Form 4 transaction a market purchase or sale?
The Form 4 shows a grant of 45 shares to director Joseph W. Carroll, not an open-market purchase or sale. These director retainer shares were issued as compensation under the 2024 Equity Incentive Plan, reflecting a routine equity award.
What indirect Norwood Financial (NWFL) holdings are reported for Joseph W. Carroll?
The filing lists indirect ownership of 1,100 shares by spouse IRA, 1,100 shares by IRA, and 7,247 shares by spouse. These positions indicate family and retirement accounts associated with Carroll rather than direct personal holdings or new market transactions.