Norwood Financial (NWFL) awards 40-share retainer grant to board director
Rhea-AI Filing Summary
Nacinovich Marissa S reported acquisition or exercise transactions in this Form 4 filing.
NORWOOD FINANCIAL CORP director Marissa S. Nacinovich received a grant of 40 shares of common stock on August 10, 2026 as Director Retainer Shares issued under the 2024 Equity Incentive Plan at $34.02 per share, bringing her directly held shares to 612 and indirectly held restricted stock to 825, which vests in three equal installments beginning December 15, 2026 and annually thereafter during continued service.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 40 shares
Net Buy
2 txns
Insider
Nacinovich Marissa S
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 40 | $34.02 | $1K |
| holding | Common Stock F2 | -- | -- | -- |
Holdings After Transaction:
Common Stock — 612 shares (Direct);
Common Stock — 825 shares (Indirect, Restricted Stock)
Footnotes (2)
- F1. Director Retainer Shares issued under the 2024 Equity Incentive Plan.
- F2. 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
Grant price: $34.02 per share
Direct holdings after grant: 612 shares
+1 more
4 metrics
Shares granted
40 shares
Director Retainer Shares issued on August 10, 2026
Grant price
$34.02 per share
Common stock grant to director on August 10, 2026
Direct holdings after grant
612 shares
Total directly held Norwood Financial common stock post-transaction
Indirect restricted stock holdings
825 shares
Restricted stock position, vesting in three equal installments from December 15, 2026
Key Terms
Director Retainer Shares, 2024 Equity Incentive Plan, Restricted Stock, vests in three equal installments
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""
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.
vests in three equal installments financial
"Award vests in three equal installments beginning on December 15, 2026"
FAQ
What insider transaction did NORWOOD FINANCIAL CORP (NWFL) report for Marissa S. Nacinovich?
Marissa S. Nacinovich received a grant of 40 shares of Norwood Financial common stock as Director Retainer Shares at $34.02 per share, issued under the 2024 Equity Incentive Plan on August 10, 2026.
What is the vesting schedule for Marissa S. Nacinovich’s restricted NORWOOD FINANCIAL CORP (NWFL) stock?
The restricted stock award vests in three equal installments beginning on December 15, 2026 and annually thereafter, subject to continued service as an Employee, Outside Director or Director Emeritus, as applicable.
Was the NORWOOD FINANCIAL CORP (NWFL) director grant reported under a Rule 10b5-1 trading plan?
The filing indicates the Rule 10b5-1 checkbox is not selected, so the August 10, 2026 director share grant was not affirmed as made pursuant to a Rule 10b5-1 trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.
