Norwood Financial grants Gifford 38 retainer shares
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.
Form Type
4
Rhea-AI Filing Summary
Norwood Financial Corp. (NWFL) director Jeffrey S. Gifford acquired 38 common shares on November 10, 2026, as Director Retainer Shares issued under the 2024 Equity Incentive Plan; the reported per-share amount was $36.05. His direct common-stock holdings after the award were 26,927 shares. The report also lists indirect common-stock holdings through a spouse, IRAs and custodial accounts.
Insider Trade Summary
Grant/Award: 38 shares
Grant/Award
1 txn
Insider
Gifford Jeffrey S
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 38 | $36.05 | $1K |
| Holding | Common Stock | -- | -- | -- |
| Holding | Common Stock | -- | -- | -- |
| Holding | Common Stock | -- | -- | -- |
| 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 — 26,927 shares (Direct);
Common Stock — 76,082 shares (Indirect, Spouse);
Common Stock — 2,487 shares (Indirect, By Custodian Abigail Lockwood);
Common Stock — 2,487 shares (Indirect, By Custodian Ryan Lockwood);
Common Stock — 35,746 shares (Indirect, IRA);
Common Stock — 6,920 shares (Indirect, Spouse IRA);
Common Stock — 2,197 shares (Indirect, Restricted Stock)
Holdings Before and After:
Common Stock, 26,889 to 26,927 shares (Direct)
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
Director retainer shares acquired: 38 shares
Reported per-share amount: $36.05 per share
Direct holdings after award: 26,927 shares
+4 more
7 metrics
Director retainer shares acquired
38 shares
November 10, 2026; issued under the 2024 Equity Incentive Plan
Reported per-share amount
$36.05 per share
Director retainer share acquisition on November 10, 2026
Direct holdings after award
26,927 shares
Common stock held directly after the November 10, 2026 transaction
Spouse-held indirect position
76,082 shares
Common stock reported through spouse as of November 10, 2026
Custodial positions
2,487 shares each
Indirect entries identified by custodians Abigail Lockwood and Ryan Lockwood, dated November 10, 2026
IRA position
35,746 shares
Indirect common-stock holding as of November 10, 2026
Spouse IRA position
6,920 shares
Indirect common-stock holding as of November 10, 2026
Key Terms
Director Retainer Shares, 2024 Equity Incentive Plan, Restricted Stock, five equal installments, +1 more
5 terms
2024 Equity Incentive Plan financial
"issued under the 2024 Equity Incentive Plan"
Restricted Stock financial
"nature of ownership listed as 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.
five equal installments financial
"Award vests in five equal installments"
three equal installments financial
"Award vests in three equal installments"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What other NWFL holdings were reported for Jeffrey S. Gifford?
Reported indirect holdings included 76,082 shares through his spouse, 35,746 shares in an IRA, and 6,920 shares in a spouse IRA as of November 10, 2026. The report also lists 2,487 shares for each of two custodial entries identified as “By Custodian Abigail Lockwood” and “By Custodian Ryan Lockwood.”
AI-generated analysis. How Rhea-AI works. Not financial advice.
