Norwood Financial (NWFL) director granted stock retainer shares at $34.02
Rhea-AI Filing Summary
Schmalzle Ronald R reported acquisition or exercise transactions in this Form 4 filing.
NORWOOD FINANCIAL CORP director Ronald R. Schmalzle received an equity award of 40 shares of common stock on August 10, 2026 at a value of $34.02 per share. The award consists of Director Retainer Shares issued under the 2024 Equity Incentive Plan, increasing his directly held shares to 8,918, with additional indirect holdings through an IRA and restricted stock awards that vest in future installments.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 40 shares
Net Buy
4 txns
Insider
Schmalzle Ronald R
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 | -- | -- | -- |
Holdings After Transaction:
Common Stock — 8,918 shares (Direct);
Common Stock — 27,768 shares (Indirect, IRA);
Common Stock — 1,375 shares (Indirect, Restricted Stock)
Footnotes (3)
- F1. Director Retainer Shares issued under the 2024 Equity Incentive Plan.
- F2. 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.
- F3. 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
Shares awarded: 40 shares
Award value per share: $34.02 per share
Direct holdings after award: 8,918 shares
+1 more
4 metrics
Shares awarded
40 shares
Director Retainer Shares granted on August 10, 2026
Award value per share
$34.02 per share
Value used for the August 10, 2026 common stock award
Direct holdings after award
8,918 shares
Common stock directly owned by Ronald R. Schmalzle after the grant
Indirect IRA holdings
27,768 shares
Common stock held indirectly through an IRA
Key Terms
Director Retainer Shares, 2024 Equity Incentive Plan, Restricted Stock, Director Emeritus
4 terms
2024 Equity Incentive Plan financial
"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.
Director Emeritus financial
"during such periods of continued service as an Employee, Outside Director or Director Emeritus"
FAQ
What did NORWOOD FINANCIAL CORP (NWFL) director Ronald Schmalzle report on this Form 4?
Ronald R. Schmalzle reported an award of 40 shares of NORWOOD FINANCIAL CORP common stock on August 10, 2026. These shares were issued as Director Retainer Shares under the company’s 2024 Equity Incentive Plan.
What indirect NORWOOD FINANCIAL CORP (NWFL) holdings does Ronald Schmalzle report?
Ronald R. Schmalzle reports indirect ownership of 27,768 NORWOOD FINANCIAL CORP shares through an IRA. He also reports separate restricted stock awards that vest over time, held indirectly as indicated in the filing’s ownership details.
How do Ronald Schmalzle’s restricted stock awards in NWFL vest?
The filing states that certain restricted stock awards vest in three equal installments, beginning on December 15, 2025 and on December 15, 2026, respectively, subject to continued service as an Employee, Outside Director or Director Emeritus.
AI-generated analysis. How Rhea-AI works. Not financial advice.
