Form 4: Matergia Ralph A reports acquisition/exercise transactions in NWFL
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Matergia Ralph A reported acquisition or exercise transactions in a Form 4 filing for NWFL. The filing lists transactions totaling 504 shares at a weighted average price of $26.45 per share. Following the reported transactions, holdings were 26,382 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
11 transactions reported
Mixed
11 txns
Insider
Matergia Ralph A
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 43 | $31.62 | $1K |
| Grant/Award | Common Stock | 105 | $28.42 | $3K |
| Grant/Award | Common Stock | 116 | $25.84 | $3K |
| Grant/Award | Common Stock | 117 | $25.60 | $3K |
| Grant/Award | Common Stock | 123 | $24.33 | $3K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 26,382 shares (Direct);
Common Stock — 40 shares (Indirect, Restricted Stock)
Footnotes (1)
- Director Retainer Shares issued under the 2024 Equity Incentive Plan. 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. 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. 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. Award vests in three equal installments beginning on 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.
FAQ
What insider transaction did NWFL director Ralph A. Matergia report?
Ralph A. Matergia reported receiving multiple small grants of Norwood Financial common stock as director compensation. These were coded as awards or other acquisitions, not open‑market trades, and gradually increased his directly owned position over several dates in 2025 and early 2026.
What were the award prices for Ralph A. Matergia’s NWFL stock grants?
The reported common stock awards were valued at prices between $24.33 and $31.62 per share. Individual grants included 123 shares at $24.33, 117 at $25.60, 116 at $25.84, 105 at $28.42, and 43 at $31.62, reflecting varying grant-date share values.
Are Ralph A. Matergia’s NWFL stock acquisitions open‑market purchases?
No, the filing classifies the transactions with code A as grants, awards, or other acquisitions. This indicates the shares were received as part of compensation arrangements, rather than bought on the open market, consistent with director retainer shares under the company’s equity incentive plan.
What restricted stock holdings does Ralph A. Matergia report for NWFL?
He reports several indirect restricted stock positions in Norwood Financial common stock, including blocks of 40, 280, 420, 550, 82, and 825 shares. These holdings are separate from his direct shares and are subject to vesting conditions described in the accompanying footnotes.
How do the NWFL restricted stock awards for Ralph A. Matergia vest?
The restricted stock awards vest in annual installments over three or five years, starting on specific December dates. Vesting continues each year during ongoing service as an employee, outside director, or director emeritus, aligning equity compensation with continued involvement at Norwood Financial.