Norwood Financial director logs trades; ends with 14,390 direct shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Norwood Financial Corp (NWFL): Director Kenneth A. Phillips reported Form 4 transactions dated 10/31/2025. He purchased 100 shares at $26.50 and 50 shares at $26.30, and made gifts of 100 and 50 shares the same day. Following these transactions, he directly owned 14,390 common shares.
He also reports indirect holdings via restricted stock awards, including 140, 80, 420, 560, 825, and 122 shares, which vest over multi‑year schedules beginning on dates from December 2021 through December 2025, contingent on continued service.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 150 shares ($3,965)
Net Buy
10 txns
Insider
PHILLIPS KENNETH A
Role
Director
Bought
150 shs ($4K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 100 | $26.50 | $3K |
| Gift | Common Stock | 100 | $0.00 | -- |
| Purchase | Commom Stock | 50 | $26.30 | $1K |
| Gift | Common Stock | 50 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Commom Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 14,490 shares (Direct);
Commom Stock — 14,440 shares (Direct);
Common Stock — 140 shares (Indirect, Restricted Stock Award);
Commom Stock — 560 shares (Indirect, Restricted Stock Award)
Footnotes (1)
- Award vests in five equal installments beginning on December 8, 2021 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 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.
FAQ
What transactions did NWFL director Kenneth A. Phillips report?
On 10/31/2025, he bought 100 shares at $26.50 and 50 shares at $26.30, and made gifts of 100 and 50 shares.
What is Kenneth A. Phillips’ direct NWFL ownership after the transactions?
He directly owned 14,390 common shares following the reported transactions.
Were any gifts reported in the NWFL Form 4?
Yes. He reported gifts of 100 shares and 50 shares on 10/31/2025.
Does the filing list any restricted stock awards for NWFL?
Yes. Indirect restricted stock awards include 140, 80, 420, 560, 825, and 122 shares with vesting schedules beginning between December 2021 and December 2025.
What is the relationship of the reporting person to NWFL?
He is a Director of Norwood Financial Corp.