Norwood Financial (NASDAQ: NWFL) director adds 45-share retainer grant under 2024 equity plan
Rhea-AI Filing Summary
Carroll Joseph W reported acquisition or exercise transactions in this Form 4 filing.
NORWOOD FINANCIAL CORP director Joseph W. Carroll received an equity grant of 45 shares of Common Stock at $30.39 per share on April 10, 2026. The footnote states these are Director Retainer Shares issued under the 2024 Equity Incentive Plan, reflecting routine board compensation rather than an open-market purchase.
Following this award, Carroll directly holds 41,594 Common Stock shares. He also has indirect holdings reported as 7,247 shares held by his spouse, 724 shares held in his IRA, and 724 shares held in his spouse’s IRA.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 45 shares
Net Buy
4 txns
Insider
Carroll Joseph W
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 45 | $30.39 | $1K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 41,594 shares (Direct);
Common Stock — 7,247 shares (Indirect, By Spouse);
Common Stock — 724 shares (Indirect, By IRA);
Common Stock — 724 shares (Indirect, By Sposue IRA)
Footnotes (1)
- F1. Director Retainer Shares issued under the 2024 Equity Incentive Plan.
Key Figures
Director Retainer Grant: 45 shares
Grant Reference Price: $30.39 per share
Direct Holdings After Grant: 41,594 shares
+3 more
6 metrics
Director Retainer Grant
45 shares
Common Stock grant on April 10, 2026
Grant Reference Price
$30.39 per share
Director Retainer Shares under 2024 Equity Incentive Plan
Direct Holdings After Grant
41,594 shares
Common Stock directly owned following April 10, 2026 award
Spouse Indirect Holdings
7,247 shares
Common Stock held by spouse as indirect ownership
IRA Indirect Holdings
724 shares
Common Stock held by IRA as indirect ownership
Spouse IRA Indirect Holdings
724 shares
Common Stock held by spouse’s IRA as indirect ownership
Key Terms
Director Retainer Shares, 2024 Equity Incentive Plan, indirect ownership
3 terms
2024 Equity Incentive Plan financial
"Director Retainer Shares issued under the 2024 Equity Incentive Plan."
indirect ownership financial
"Indirect holdings reported as By Spouse, By IRA, and By Sposue IRA."
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did NWFL director Joseph W. Carroll report in this Form 4?
Director Joseph W. Carroll reported receiving 45 shares of NORWOOD FINANCIAL CORP Common Stock as Director Retainer Shares at $30.39 per share. The award was issued under the 2024 Equity Incentive Plan and represents routine equity-based board compensation, not an open-market stock purchase.
Is the NWFL Form 4 for Joseph W. Carroll a stock purchase or an equity grant?
The Form 4 shows an equity grant, not an open-market purchase. Carroll acquired 45 Common Stock shares coded as a grant or award, described as Director Retainer Shares under the 2024 Equity Incentive Plan, reflecting standard non-cash compensation for board service at NORWOOD FINANCIAL CORP.
What is the role of the 2024 Equity Incentive Plan in this NWFL Form 4?
The 2024 Equity Incentive Plan is the program under which the 45 Director Retainer Shares were issued to Carroll. The footnote explains that these Common Stock shares were granted as part of board compensation, illustrating how NORWOOD FINANCIAL CORP uses equity incentives for its directors.
How is indirect ownership reported in Joseph W. Carroll’s NWFL Form 4?
The Form 4 identifies separate indirect holdings: 7,247 Common Stock shares held by his spouse, 724 shares held by his IRA, and 724 shares held by his spouse’s IRA. Each position is labeled as indirect ownership, distinguishing these from Carroll’s directly held 41,594 shares.