Norwood Financial (NWFL) director receives 45-share equity award and holds 26,563 shares
Rhea-AI Filing Summary
Matergia Ralph A reported acquisition or exercise transactions in this Form 4 filing.
NORWOOD FINANCIAL CORP director Ralph A. Matergia reported a routine equity award. On June 10, 2026, he received 45 shares of Common Stock as a grant under the 2024 Equity Incentive Plan at $30.19 per share, bringing his direct holdings to 26,563 shares. The filing also lists several indirect restricted stock positions with small share amounts that reflect existing awards rather than new market purchases or sales.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 45 shares
Net Buy
7 txns
Insider
Matergia Ralph A
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 45 | $30.19 | $1K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 26,563 shares (Direct);
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.
Key Figures
Equity award shares: 45 shares
Grant valuation price: $30.19 per share
Direct holdings after award: 26,563 shares
+2 more
5 metrics
Equity award shares
45 shares
Director retainer grant on June 10, 2026
Grant valuation price
$30.19 per share
Value assigned to director retainer shares
Direct holdings after award
26,563 shares
Common Stock held directly following the grant
Indirect restricted stock lot
825 shares
Restricted Stock held indirectly after transaction
Indirect restricted stock lot
550 shares
Restricted Stock held indirectly after transaction
Key Terms
Director Retainer Shares, 2024 Equity Incentive Plan, Restricted Stock, vests in five equal installments, +1 more
5 terms
2024 Equity Incentive Plan financial
"Director Retainer Shares issued under the 2024 Equity Incentive Plan."
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.
vests in five equal installments financial
"Award vests in five equal installments beginning on December 14, 2022"
Director Emeritus financial
"during such periods of continued service as an Employee, Outside Director or Director Emeritus"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did NORWOOD FINANCIAL CORP (NWFL) report for Ralph A. Matergia?
NORWOOD FINANCIAL CORP (NWFL) reported that director Ralph A. Matergia received 45 shares of Common Stock as an equity award. The grant is categorized as a director retainer under the 2024 Equity Incentive Plan rather than an open-market stock purchase or sale.
Are the reported NWFL transactions open-market buys or sells by Ralph A. Matergia?
The filing does not show open‑market buys or sells by Ralph A. Matergia. Instead, it records a 45‑share grant classified as a director retainer award and several restricted stock holdings, which are compensation-related positions rather than discretionary trading in NORWOOD FINANCIAL CORP (NWFL) stock.
What does 'Restricted Stock' mean in Ralph A. Matergia’s NWFL Form 4 filing?
In the NWFL Form 4, 'Restricted Stock' refers to shares granted as compensation that vest over time. Footnotes show these awards vest in installments on specific December dates, contingent on continued service as an employee, outside director, or director emeritus.