Norwood Financial (NWFL) director granted 40-share retainer award at $34.02
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 40 shares of common stock on August 10, 2026 at $34.02 per share, described as Director Retainer Shares issued under the 2024 Equity Incentive Plan. Following this award, his directly held common stock position is 26,646 shares. Additional indirect holdings are reported as restricted stock awards that vest in scheduled installments beginning between December 2022 and December 2026, contingent on continued service.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 40 shares
Net Buy
7 txns
Insider
Matergia Ralph A
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 40 | $34.02 | $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 — 26,646 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: 40 shares of Common Stock
Grant reference price: $34.02 per share
Post-transaction direct holdings: 26,646 shares
3 metrics
Shares granted
40 shares of Common Stock
Director Retainer Shares granted on August 10, 2026 under 2024 Equity Incentive Plan
Grant reference price
$34.02 per share
Per-share value reported for the 40-share Director Retainer award
Post-transaction direct holdings
26,646 shares
Directly held NORWOOD FINANCIAL CORP common stock after the grant
Key Terms
Director Retainer Shares, 2024 Equity Incentive Plan, Restricted Stock, Outside Director or Director Emeritus
4 terms
2024 Equity Incentive Plan financial
"issued under the 2024 Equity Incentive Plan"
Restricted Stock financial
"nature_of_ownership: Restricted Stock"
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.
Outside Director or Director Emeritus financial
"during such periods of continued service as an Employee, Outside Director or Director Emeritus"
FAQ
What insider transaction did NORWOOD FINANCIAL CORP (NWFL) report for Ralph A. Matergia?
Ralph A. Matergia reported a grant of 40 shares of NORWOOD FINANCIAL CORP common stock on August 10, 2026. The award is classified as Director Retainer Shares issued under the 2024 Equity Incentive Plan at a reference price of $34.02 per share.
What restricted stock vesting schedules are disclosed for the NWFL director in this Form 4?
The filing describes several restricted stock awards that vest in installments beginning on December 14, 2022, December 13, 2023, December 12, 2024, December 15, 2025 and December 15, 2026. Each award vests over either five or three annual installments, contingent on continued service.
Does the NWFL Form 4 indicate any insider sales or dispositions by Ralph A. Matergia?
The Form 4 reports no sales or dispositions by Ralph A. Matergia. It shows one acquisition of 40 Director Retainer Shares and several restricted stock holding entries, with the transaction summary indicating an acquire count of one and a dispose count of zero.
AI-generated analysis. How Rhea-AI works. Not financial advice.
