STOCK TITAN

Norwood Financial (NWFL) director receives 40-share retainer equity grant

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

NORWOOD FINANCIAL CORP director Kevin M. Lamont reported a grant of 40 shares of Common Stock on August 10, 2026, classified as a grant, award, or other acquisition at $34.02 per share. These are Director Retainer Shares issued under the 2024 Equity Incentive Plan, bringing his directly held stake to 136,088 shares of common stock. He also reports indirect ownership of 463 shares through his spouse and several restricted stock awards that vest in scheduled installments beginning on December 14, 2022, December 13, 2023, December 12, 2024, December 15, 2025, and December 15, 2026, contingent on continued service.

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Insider LAMONT KEVIN M
Role Director
Type Security Shares Price Value
Grant/Award Common Stock F1 40 $34.02 $1K
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 — 136,088 shares (Direct); Common Stock — 463 shares (Indirect, Spouse); Common Stock — 2,197 shares (Indirect, Restricted Stock)
Footnotes (6)
  1. F1. Director Retainer Shares issued under the 2024 Equity Incentive Plan.
  2. 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.
  3. 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.
  4. 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.
  5. 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.
  6. 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.
Shares granted 40 shares Director Retainer Shares granted on August 10, 2026
Grant price $34.02 per share Value reported for the 40-share director grant
Direct holdings after grant 136,088 shares Common stock directly owned by Kevin M. Lamont after the transaction
Indirect spouse holdings 463 shares Common stock indirectly owned through spouse
Vesting start date F2 award December 14, 2022 Restricted stock award begins vesting in five equal installments
Vesting start date F3 award December 13, 2023 Restricted stock award begins vesting in five equal installments
Vesting start date F4 award December 12, 2024 Restricted stock award begins vesting in five equal installments
Vesting start date F6 award December 15, 2026 Restricted stock award begins vesting in three equal installments
Director Retainer Shares financial
"Director Retainer Shares issued under the 2024 Equity Incentive Plan."
2024 Equity Incentive Plan financial
"Director Retainer Shares issued under the 2024 Equity Incentive Plan."
Restricted Stock financial
"nature_of_ownership "Restricted Stock" with multi-year vesting schedules."
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 and annually thereafter"
vests in three equal installments financial
"Award vests in three equal installments beginning December 15, 2025 and annually thereafter"

FAQ

What insider transaction did NWFL director Kevin M. Lamont report?

Kevin M. Lamont reported a grant of 40 shares of Norwood Financial common stock on August 10, 2026. The shares are classified as a grant or award and were issued as Director Retainer Shares under the company’s 2024 Equity Incentive Plan.

At what price were the 40 NWFL shares granted to Kevin M. Lamont?

The 40 shares were reported at a price of $34.02 per share. This figure reflects the value used for the Director Retainer Shares granted under Norwood Financial’s 2024 Equity Incentive Plan on August 10, 2026.

How many NWFL shares does Kevin M. Lamont hold after this grant?

After the reported grant, Kevin M. Lamont directly holds 136,088 shares of Norwood Financial common stock. In addition, he reports indirect ownership of 463 shares held through his spouse, plus several restricted stock awards subject to vesting conditions.

What indirect NWFL shareholdings does Kevin M. Lamont report?

Kevin M. Lamont reports 463 shares of Norwood Financial common stock held indirectly through his spouse. He also reports multiple restricted stock awards held indirectly, which vest over time based on continued service in designated roles with the company.

How do Kevin M. Lamont’s restricted NWFL stock awards vest?

The restricted stock awards vest in installments beginning on December 14, 2022; December 13, 2023; December 12, 2024; December 15, 2025; and December 15, 2026. Vesting continues annually, conditioned on ongoing service as an employee, outside director, or director emeritus.

Under which plan were Kevin M. Lamont’s NWFL director retainer shares issued?

The 40 shares reported by Kevin M. Lamont were issued as Director Retainer Shares under Norwood Financial’s 2024 Equity Incentive Plan. This plan governs the grant and vesting terms of equity awards to eligible participants, including outside directors.

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

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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED 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*
LAMONT KEVIN M

(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)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/10/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock08/10/2026A40(1)A$34.02136,088D
Common Stock463ISpouse
Common Stock40(2)IRestricted Stock
Common Stock280(3)IRestricted Stock
Common Stock420(4)IRestricted Stock
Common Stock550(5)IRestricted Stock
Common Stock82(5)IRestricted Stock
Common Stock825(6)IRestricted 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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
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/ Kevin M. Lamont By: Mackenzie Jackson, Power of Attorney08/11/2026
** Signature of Reporting PersonDate
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)