Norwood Financial (NWFL) director discloses 825 restricted shares at $29.8
Rhea-AI Filing Summary
Norwood Financial Corp director reports new restricted stock grant. A company director filed a Form 4 showing an acquisition of 825 shares of Norwood Financial Corp common stock as restricted stock on December 16, 2025, at a price of $29.8 per share. These shares are held indirectly and are identified in the filing as a new restricted stock award. According to the footnotes, this particular award is scheduled to vest in three equal installments beginning on December 15, 2026, subject to continued service as an employee, outside director or director emeritus.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 825 | $29.80 | $25K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- 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. 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. 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. 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. 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
What insider transaction did Norwood Financial Corp (NWFL) disclose?
The filing reports that a director acquired 825 shares of Norwood Financial Corp common stock as restricted stock on December 16, 2025, at a price of $29.8 per share.
Who is the reporting person in this Norwood Financial Corp (NWFL) Form 4?
The reporting person is a director of Norwood Financial Corp, as indicated by the checked "Director" box in the relationship section, with the signature block showing "/s/ Alexandra K. Nolan by John M. McCaffery POA."
How does the new restricted stock award for NWFL vest?
The 825-share restricted stock award is described in footnote 5 as vesting in three equal installments beginning on December 15, 2026, during continued service as an employee, outside director or director emeritus.
What other Norwood Financial Corp (NWFL) holdings does the director report?
The director reports 2,094 shares of common stock held directly, and indirect holdings including 217,077 shares in the Michael C. Nolan Trust and 65,306 shares in the Alexandra K. Nolan Trust, plus several smaller restricted stock positions.
Is the NWFL insider transaction filed by one reporting person or a group?
The form indicates it is a Form filed by One Reporting Person, not a joint or group filing.
Does this Norwood Financial Corp (NWFL) filing involve derivative securities?
The Table II section for derivative securities is present but contains no listed derivative transactions; the reported activity relates to non-derivative common stock and restricted stock.