Norwood Financial director granted 39 shares
Norwood Financial director Kevin M. Lamont received additional equity compensation and now directly holds over 136,000 NWFL shares.
Rhea-AI Filing Summary
NORWOOD FINANCIAL CORP (symbol: NWFL) is the issuer of record for a Form 4 filing submitted to the SEC. LAMONT KEVIN M reported acquisition or exercise transactions in this Form 4 filing.
NORWOOD FINANCIAL CORP (NWFL) director Kevin M. Lamont reported receiving a grant of 39 shares of common stock on September 10, 2026 as Director Retainer Shares under the 2024 Equity Incentive Plan at $34.47 per share. After this award, he holds 136,127 shares directly and 463 shares indirectly through his spouse, along with several restricted stock awards that vest in multi‑year installments beginning in December 2022, 2023, 2024, 2025 and 2026, subject to continued service.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 39 shares
Grant/Award
8 txns
Insider
LAMONT KEVIN M
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 39 | $34.47 | $1K |
| holding | Common Stock | -- | -- | -- |
| 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 — 136,127 shares (Direct);
Common Stock — 463 shares (Indirect, Spouse);
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
Director Retainer Shares granted: 39 shares
Grant value per share: $34.47 per share
Direct holdings after transaction: 136,127 shares
+3 more
6 metrics
Director Retainer Shares granted
39 shares
Common stock grant to Kevin M. Lamont on September 10, 2026
Grant value per share
$34.47 per share
Value used for the 39-share Director Retainer grant
Direct holdings after transaction
136,127 shares
Common stock directly held by Kevin M. Lamont after the September 10, 2026 award
Indirect spouse holdings
463 shares
Common stock held indirectly through spouse as reported on September 10, 2026
Five-installment vesting awards
3 awards
Restricted stock vesting in five equal installments beginning in 2022, 2023 and 2024
Three-installment vesting awards
2 awards
Restricted stock vesting in three equal installments beginning in 2025 and 2026
Key Terms
Director Retainer Shares, 2024 Equity Incentive Plan, Restricted Stock, Outside Director, +1 more
5 terms
2024 Equity Incentive Plan financial
"Director Retainer Shares issued under the 2024 Equity Incentive Plan."
Restricted Stock financial
"Award vests in five equal installments beginning on December 14, 2022"
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 financial
"during such periods of continued service as an Employee, Outside Director or Director Emeritus"
Director Emeritus financial
"during such periods of continued service as an Employee, Outside Director or Director Emeritus"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did NWFL director Kevin M. Lamont report on September 10, 2026?
He reported an acquisition of 39 shares of Norwood Financial Corp common stock on September 10, 2026 as a director retainer award under the 2024 Equity Incentive Plan at a reported value of $34.47 per share.
Are any of Kevin M. Lamont’s NWFL holdings reported as indirect ownership?
Yes. The filing reports 463 Norwood Financial Corp common shares held indirectly through his spouse, in addition to his directly held 136,127 shares and separate restricted stock awards.
What are the vesting terms of Kevin M. Lamont’s NWFL restricted stock awards?
Footnotes state several restricted stock awards that vest in five equal installments beginning on December 14, 2022, December 13, 2023 and December 12, 2024, and others that vest in three equal installments beginning December 15, 2025 and December 15, 2026, subject to continued service.
Were Kevin M. Lamont’s NWFL transactions reported as being under a Rule 10b5-1 trading plan?
No Rule 10b5-1 trading plan is reported in connection with the transactions disclosed for Kevin M. Lamont in this Form 4.
AI-generated analysis. How Rhea-AI works. Not financial advice.
