NWFL director granted 45 Norwood Financial shares
Nolan Alexandra K reported acquisition or exercise transactions in this Form 4 filing.
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Form Type
4
Rhea-AI Filing Summary
Nolan Alexandra K reported acquisition or exercise transactions in this Form 4 filing.
NORWOOD FINANCIAL CORP director Alexandra K. Nolan reported a new stock award and updated holdings in company shares. On June 10, 2026, she received a grant of 45 shares of common stock at $30.19 per share as Director Retainer Shares under the 2024 Equity Incentive Plan. After this award, her direct ownership totaled 2,851 common shares. The filing also reports several indirect holdings, including restricted stock positions and shares held through the Alexandra K. Nolan Trust and the Michael C. Nolan Trust, which together represent substantial additional interests in NORWOOD FINANCIAL CORP common stock.
Insider Trade Summary
Grant/Award: 45 shares
Grant/Award
9 txns
Insider
Nolan Alexandra K
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 45 | $30.19 | $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 — 2,851 shares (Direct);
Common Stock — 217,077 shares (Indirect, Michael C. Nolan Trust);
Common Stock — 65,306 shares (Indirect, Alexandra K. Nolan Trust);
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 on 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
Grant size: 45 shares
Grant price: $30.19 per share
Direct holdings after grant: 2,851 shares
+4 more
7 metrics
Grant size
45 shares
Director Retainer Shares under 2024 Equity Incentive Plan
Grant price
$30.19 per share
Price for 45-share director award on June 10, 2026
Direct holdings after grant
2,851 shares
Common stock directly held by Alexandra K. Nolan
Alexandra K. Nolan Trust holdings
65,306 shares
Common stock held indirectly via Alexandra K. Nolan Trust
Michael C. Nolan Trust holdings
217,077 shares
Common stock held indirectly via Michael C. Nolan Trust
Restricted stock lot
825 shares
Restricted stock indirect holding reported
Restricted stock lot
65306 shares
Trust-related indirect holding reported
Key Terms
Director Retainer Shares, 2024 Equity Incentive Plan, Restricted Stock, grant/award acquisition, +1 more
5 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.
grant/award acquisition financial
"transaction_action: "grant/award acquisition""
trust financial
"nature_of_ownership: "Alexandra K. Nolan Trust""
A trust is a legal setup in which one party (the trustee) holds and manages assets—like cash, stocks or property—on behalf of other people (beneficiaries) according to instructions from the person who created it (the grantor). Think of it as a locked box with a keyholder who must follow written rules; for investors it matters because trusts influence who controls and benefits from assets, affect taxes and succession, and can change how quickly or transparently shares are bought, sold or voted.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did NWFL director Alexandra K. Nolan report?
Alexandra K. Nolan reported receiving a grant of 45 shares of NORWOOD FINANCIAL CORP common stock. The shares were issued as Director Retainer Shares at $30.19 per share, reflecting routine equity-based compensation under the company’s 2024 Equity Incentive Plan.
What price was used for Alexandra K. Nolan’s NWFL stock grant?
The 45-share grant to Alexandra K. Nolan was valued at $30.19 per share. This figure represents the price per share applied to the Director Retainer Shares issued under NORWOOD FINANCIAL CORP’s 2024 Equity Incentive Plan on June 10, 2026.
What indirect NWFL holdings are reported for Alexandra K. Nolan?
The Form 4 lists several indirect holdings for Alexandra K. Nolan, including restricted stock positions and shares held by the Alexandra K. Nolan Trust and the Michael C. Nolan Trust. Reported totals include 65,306 shares for her trust and 217,077 shares for the Michael C. Nolan Trust.
How do the restricted stock awards for NWFL vest over time?
Footnotes describe multiple restricted stock awards that vest in equal installments over three or five years. Vesting begins on specific December dates from 2022 through 2026, and continues annually during periods of continued service as an Employee, Outside Director, or Director Emeritus.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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