Norwood Financial (NWFL) director Alexandra Nolan receives 40-share retainer grant
Rhea-AI Filing Summary
Nolan Alexandra K reported acquisition or exercise transactions in this Form 4 filing.
NORWOOD FINANCIAL CORP director Alexandra K. Nolan received a grant of 40 shares of common stock on 2026-08-10 as Director Retainer Shares under the 2024 Equity Incentive Plan at $34.02 per share, bringing her directly held shares to 2,934.
She is also reported as having indirect ownership of 217,077 shares through the Michael C. Nolan Trust and 65,306 shares through the Alexandra K. Nolan Trust. Additional restricted stock awards are reported, with vesting in equal annual installments beginning in December 2022, 2023, 2024, 2025, and 2026, conditioned on continued service.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 40 shares
Net Buy
9 txns
Insider
Nolan Alexandra K
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 40 | $34.02 | $1K |
| holding | Common Stock | -- | -- | -- |
| 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 — 2,934 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 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 grant: 40 shares
Grant price: $34.02 per share
Direct holdings after grant: 2,934 shares
+2 more
5 metrics
Director retainer grant
40 shares
Common stock granted on 2026-08-10 as Director Retainer Shares
Grant price
$34.02 per share
Value per share for 40-share Director Retainer grant
Direct holdings after grant
2,934 shares
Total NORWOOD FINANCIAL CORP common shares held directly by Alexandra K. Nolan after transaction
Michael C. Nolan Trust holdings
217,077 shares
Indirect ownership in NORWOOD FINANCIAL CORP common stock
Alexandra K. Nolan Trust holdings
65,306 shares
Indirect ownership in NORWOOD FINANCIAL CORP common stock
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
"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 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
What transaction did Alexandra K. Nolan report for NORWOOD FINANCIAL CORP (NWFL)?
Alexandra K. Nolan reported a grant of 40 shares of NORWOOD FINANCIAL CORP common stock on 2026-08-10 at $34.02 per share as Director Retainer Shares, increasing her directly held shares to 2,934.
What are the vesting terms of the restricted stock awards reported for NWFL director Alexandra K. Nolan?
Restricted stock awards vest in equal installments over time, beginning on December 14, 2022, December 13, 2023, December 12, 2024, December 15, 2025, and December 15, 2026, subject to continued service as an Employee, Outside Director or Director Emeritus.
Was Alexandra K. Nolan’s NWFL Form 4 transaction a market buy or sell?
The Form 4 reports a grant/award acquisition of 40 shares, not a market buy or sell. The shares were issued as Director Retainer Shares under the 2024 Equity Incentive Plan, reflecting equity-based compensation.
AI-generated analysis. How Rhea-AI works. Not financial advice.
