Norwood Financial awards director Forte 50 shares

Q: How many NWFL shares did Andrew Forte receive?

Norwood Financial Corp director Andrew Forte received 50 common shares on October 13, 2026, as Director Retainer Shares issued under the 2024 Equity Incentive Plan. The reported per-share amount was $33.70, and his direct holdings following the award were 12,426 shares.

Q: What are the vesting terms for Andrew Forte's NWFL restricted stock?

The reported restricted-stock awards vest in five equal installments beginning December 14, 2022, December 13, 2023, or December 12, 2024, or in three equal installments beginning December 15, 2025 or December 15, 2026. The schedules apply during periods of continued service as an Employee, Outside Director or Director Emeritus, as applicable.

Separate restricted-stock awards are subject to five- or three-installment vesting schedules tied to continued service.

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)How Sentiment works

Sentiment and the balance of points

Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.

How Sentiment works How the balance works

Form Type

Rhea-AI Filing Summary

Norwood Financial Corp (NWFL) director Andrew Forte received 50 common shares on October 13, 2026, as Director Retainer Shares issued under the 2024 Equity Incentive Plan; the reported per-share amount was $33.70. His reported direct holdings following the award were 12,426 shares. The report also lists indirect holdings of 7,624 shares through an IRA and 7,944 shares through Forte, Inc.

Insider Trade Summary

Grant/Award: 50 shares

Grant/Award 9 txns

Insider FORTE ANDREW

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock ^F1	50	$33.70	$2K
holding	Common Stock	--	--	--
holding	Common Stock	--	--	--
holding	Common Stock ^F2	--	--	--
holding	Common Stock ^F3	--	--	--
holding	Common Stock ^F4	--	--	--
holding	Common Stock ^F5	--	--	--
holding	Common Stock ^F5	--	--	--
holding	Common Stock ^F6	--	--	--

Holdings After Transaction: Common Stock — 12,426 shares (Direct); Common Stock — 7,624 shares (Indirect, IRA); Common Stock — 7,944 shares (Indirect, Forte, Inc.); 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 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

Awarded common shares: 50 shares Reported per-share amount: $33.70 per share Direct common shares following award: 12,426 shares +2 more

5 metrics

Awarded common shares 50 shares Director Retainer Shares awarded October 13, 2026

Reported per-share amount $33.70 per share For the 50 Director Retainer Shares awarded October 13, 2026

Direct common shares following award 12,426 shares Reported after the October 13, 2026 award

Indirect common shares held through IRA 7,624 shares Reported holding on October 13, 2026

Indirect common shares held through Forte, Inc. 7,944 shares Reported holding on October 13, 2026

Key Terms

Director Retainer Shares, 2024 Equity Incentive Plan, equal installments

3 terms

Director Retainer Shares technical

"Director Retainer Shares issued under the 2024 Equity Incentive Plan"

2024 Equity Incentive Plan technical

"issued under the 2024 Equity Incentive Plan"

equal installments technical

"Award vests in five equal installments"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many NWFL shares did Andrew Forte receive?

Norwood Financial Corp director Andrew Forte received 50 common shares on October 13, 2026, as Director Retainer Shares issued under the 2024 Equity Incentive Plan. The reported per-share amount was $33.70, and his direct holdings following the award were 12,426 shares.

What NWFL shares did Andrew Forte hold indirectly?

After the October 13, 2026 award, Andrew Forte's reported indirect holdings included 7,624 common shares through an IRA and 7,944 common shares through Forte, Inc. These were listed separately from his reported direct holdings.

What are the vesting terms for Andrew Forte's NWFL restricted stock?

The reported restricted-stock awards vest in five equal installments beginning December 14, 2022, December 13, 2023, or December 12, 2024, or in three equal installments beginning December 15, 2025 or December 15, 2026. The schedules apply during periods of continued service as an Employee, Outside Director or Director Emeritus, as applicable.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google

Available on EDGAR 10/14/2026 - 01:33 PM EDT Accepted by SEC EDGAR 10/14/2026 - 01:33 PM EDT

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

FORTE ANDREW

(Last)

(First)

(Middle)

717 MAIN STREET

(Street)

HONESDALE

PENNSYLVANIA

18431

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
NORWOOD FINANCIAL CORP [ NWFL ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
10/13/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	10/13/2026		A		50⁽¹⁾	A	$33.7	12,426	D
Common Stock								7,624	I	IRA
Common Stock								7,944	I	Forte, Inc.
Common Stock								40⁽²⁾	I	Restricted Stock
Common Stock								280⁽³⁾	I	Restricted Stock
Common Stock								420⁽⁴⁾	I	Restricted Stock
Common Stock								550⁽⁵⁾	I	Restricted Stock
Common Stock								825⁽⁵⁾	I	Restricted Stock
Common Stock								82⁽⁶⁾	I	Restricted Stock

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. Director Retainer Shares issued under the 2024 Equity Incentive Plan.

2. 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.

3. 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.

4. 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.

5. 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.

6. 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.

	/s/Andrew Forte by Mackenzie Jackson, Power of Attorney	10/14/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR