Norwood Financial Corp (NWFL) director receives new share grant
Rhea-AI Filing Summary
Nolan Alexandra K reported acquisition or exercise transactions in this Form 4 filing.
NORWOOD FINANCIAL CORP director Alexandra K. Nolan received a grant of 43 shares of common stock at $31.8800 per share as Director Retainer Shares under the 2024 Equity Incentive Plan, for total direct holdings of 2,894.0000 shares. She also reports indirect holdings through restricted stock and trusts, including 65,306.0000 shares held by the Alexandra K. Nolan Trust and 217,077.0000 shares held by the Michael C. Nolan Trust. Footnotes state that these equity awards vest in equal installments over multiple years, contingent on continued service.
Positive
- None.
Negative
- None.
Insider Trade Summary
9 transactions reported
Mixed
9 txns
Insider
Nolan Alexandra K
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 43 | $31.88 | $1K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 2,894 shares (Direct);
Common Stock — 217,077 shares (Indirect, Michael C. Nolan Trust)
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 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.
Key Figures
Director grant size: 43.0000 shares
Grant price: $31.8800 per share
Direct holdings after grant: 2894.0000 shares
+3 more
6 metrics
Director grant size
43.0000 shares
Grant, award, or other acquisition of common stock on 2026-07-10
Grant price
$31.8800 per share
Value assigned to Director Retainer Shares under the 2024 Equity Incentive Plan
Direct holdings after grant
2894.0000 shares
Total common stock held directly by Alexandra K. Nolan following the award
Alexandra K. Nolan Trust holdings
65306.0000 shares
Common stock held indirectly through the Alexandra K. Nolan Trust
Michael C. Nolan Trust holdings
217077.0000 shares
Common stock held indirectly through the Michael C. Nolan Trust
Largest restricted stock lot
825.0000 shares
One of several indirect restricted stock positions reported for the director
Key Terms
Director Retainer Shares, 2024 Equity Incentive Plan, Restricted Stock, Director Emeritus
4 terms
2024 Equity Incentive Plan financial
"Director Retainer Shares issued under the 2024 Equity Incentive Plan."
Restricted Stock financial
"nature_of_ownership: 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.
Director Emeritus financial
"during such periods of continued service as an Employee, Outside Director or Director Emeritus."
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did NORWOOD FINANCIAL CORP (NWFL) report for Alexandra K. Nolan?
Alexandra K. Nolan, a director of Norwood Financial, received a grant of 43 common shares at $31.8800 per share as Director Retainer Shares under the 2024 Equity Incentive Plan, bringing her direct holdings to 2,894.0000 shares of the company’s common stock.
What indirect NORWOOD FINANCIAL CORP (NWFL) holdings are associated with Alexandra K. Nolan?
In addition to direct shares, holdings are reported indirectly through restricted stock and trusts. These include 65,306.0000 shares held by the Alexandra K. Nolan Trust and 217,077.0000 shares held by the Michael C. Nolan Trust, plus several smaller restricted stock positions.
How do Alexandra K. Nolan’s equity awards in NORWOOD FINANCIAL CORP (NWFL) vest over time?
Footnotes state that Nolan’s equity awards vest in equal installments over multiple years, beginning on specified dates from December 14, 2022 through December 15, 2026, and require continued service as an Employee, Outside Director or Director Emeritus for vesting to continue.