Norwood Financial (NWFL) director buys 700 shares in IRA
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
NORWOOD FINANCIAL CORP director Ronald R. Schmalzle reported an open-market purchase of 700 shares of Common Stock at $30.19 per share through an IRA, increasing his indirect IRA holdings to 27,168 shares.
He also reports 9,390 shares held directly and two restricted stock awards of 825 and 550 shares. According to the disclosure, these restricted stock awards vest in three equal installments beginning on December 15, 2025 and December 15, 2026, respectively, subject to continued service.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 700 shares ($21,133)
Net Buy
4 txns
Insider
Schmalzle Ronald R
Role
null
Bought
700 shs ($21K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 700 | $30.19 | $21K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 27,168 shares (Indirect, IRA);
Common Stock — 9,390 shares (Direct, null)
Footnotes (1)
- 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. 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
Open-market purchase size: 700 shares
Purchase price: $30.19 per share
IRA holdings after purchase: 27,168 shares
+3 more
6 metrics
Open-market purchase size
700 shares
Common Stock bought on May 26, 2026
Purchase price
$30.19 per share
Open-market Common Stock transaction
IRA holdings after purchase
27,168 shares
Indirect ownership in IRA following transaction
Directly held shares
9,390 shares
Common Stock held directly after reported transactions
Restricted stock award 1
825 shares
Vests in three installments beginning December 15, 2025
Restricted stock award 2
550 shares
Vests in three installments beginning December 15, 2026
Key Terms
Restricted Stock, open-market purchase, indirect ownership, IRA, +1 more
5 terms
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.
open-market purchase financial
"transaction_action: "open-market purchase""
An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.
indirect ownership financial
"ownership_type: "indirect" with IRA holdings"
IRA financial
"nature_of_ownership: "IRA" for the 700-share purchase"
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" in all transactions"
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 NWFL director Ronald R. Schmalzle report?
Ronald R. Schmalzle reported buying 700 shares of Norwood Financial Common Stock. The shares were purchased in an open-market transaction at $30.19 per share through an IRA, and are disclosed as indirect ownership.
What are the director’s other reported holdings of Norwood Financial (NWFL) stock?
Beyond the IRA position, the director reports 9,390 shares held directly. He also reports restricted stock awards of 825 and 550 shares, which are separate from his direct and IRA holdings.
When do the NWFL director’s restricted stock awards begin vesting?
The restricted stock awards begin vesting on two schedules. One award vests in three equal installments starting December 15, 2025, and the other in three equal installments starting December 15, 2026, subject to continued qualifying service.