Norwood Financial director granted 43-share award
Matergia Ralph A reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Matergia Ralph A reported acquisition or exercise transactions in this Form 4 filing.
NORWOOD FINANCIAL CORP director Ralph A. Matergia reported a grant of 43 shares of common stock on 2026-07-10 as Director Retainer Shares valued at $31.88 per share. After this award under the 2024 Equity Incentive Plan, he directly holds 26,606 shares. The report also lists several indirect holdings of restricted stock, with awards vesting in equal annual installments beginning on December 14, 2022, December 13, 2023, December 12, 2024, December 15, 2025, and December 15, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 43 shares
Grant/Award
7 txns
Insider
Matergia Ralph A
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 43 | $31.88 | $1K |
| 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 — 26,606 shares (Direct);
Common Stock — 2,197 shares (Indirect, Restricted Stock)
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
Shares granted: 43 shares
Award valuation price: $31.88 per share
Direct holdings after award: 26,606 shares
+2 more
5 metrics
Shares granted
43 shares
Common Stock grant to Ralph A. Matergia on 2026-07-10
Award valuation price
$31.88 per share
Valuation for Director Retainer Shares of Common Stock
Direct holdings after award
26,606 shares
Common Stock directly owned by Ralph A. Matergia after the grant
Restricted stock holding
825 shares
Indirect restricted stock holding reported as of 2026-07-10
Restricted stock holding
550 shares
Additional indirect restricted stock holding reported as of 2026-07-10
Key Terms
Restricted Stock, Equity Incentive Plan, Director Retainer Shares, Director Emeritus
4 terms
Restricted Stock financial
"nature of ownership reported as "Restricted Stock" for several indirect holdings"
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.
Equity Incentive Plan financial
"Director Retainer Shares issued under the 2024 Equity Incentive Plan."
An equity incentive plan is a program that gives employees, executives or directors the right to receive company stock or options to buy stock as part of their pay. Think of it as offering slices of future company profit to motivate people to boost long‑term performance; for investors it matters because it can align employee goals with shareholder value but also increases the number of shares outstanding, which can dilute existing ownership.
Director Emeritus financial
"continued service as an Employee, Outside Director or Director Emeritus, as applicable."
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider stock award did NWFL director Ralph A. Matergia report?
He reported a grant of 43 shares of Norwood Financial common stock as Director Retainer Shares. The award is compensation under the 2024 Equity Incentive Plan, rather than an open-market purchase or sale.
Under which plan was Ralph A. Matergia’s recent NWFL stock grant issued?
The 43-share grant was issued as Director Retainer Shares under Norwood Financial’s 2024 Equity Incentive Plan. This plan governs equity-based compensation such as stock awards to directors and other eligible service providers.
How do Ralph A. Matergia’s restricted stock awards in NWFL vest?
The filing notes restricted stock awards vesting in equal annual installments, with schedules beginning on December 14, 2022, December 13, 2023, December 12, 2024, December 15, 2025, and December 15, 2026, contingent on continued service.
Are the reported NWFL transactions by Ralph A. Matergia market purchases or sales?
The key reportable event is a grant/award acquisition of 43 common shares, not an open-market trade. Other entries are restricted stock holdings with no share amount bought or sold disclosed in this filing.
AI-generated analysis. How Rhea-AI works. Not financial advice.
