Norwood Financial director granted 45-share stock award
Hungerford Meg L reported acquisition or exercise transactions in this Form 4 filing.
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Form Type
4
Rhea-AI Filing Summary
Hungerford Meg L reported acquisition or exercise transactions in this Form 4 filing.
NORWOOD FINANCIAL CORP director Meg L. Hungerford reported a compensation-related stock award rather than an open-market trade. On June 10, 2026, she received 45 shares of common stock as director retainer shares under the 2024 Equity Incentive Plan at $30.19 per share, bringing her directly held common stock to 6,288 shares. The filing also lists several indirect restricted stock and custodian-for-children positions in common stock as holdings, with no associated buy or sell transactions.
Insider Trade Summary
Grant/Award: 45 shares
Grant/Award
8 txns
Insider
Hungerford Meg L
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 | -- | -- | -- |
Holdings After Transaction:
Common Stock — 6,288 shares (Direct);
Common Stock — 990 shares (Indirect, Custodian for Children);
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
Director stock award: 45 shares
Grant price: $30.19 per share
Direct holdings after award: 6,288 shares
+2 more
5 metrics
Director stock award
45 shares
Common Stock grant on June 10, 2026
Grant price
$30.19 per share
Director retainer shares under 2024 Equity Incentive Plan
Direct holdings after award
6,288 shares
Common Stock directly held by Meg Hungerford after grant
Largest restricted stock holding
825 shares
Indirect restricted stock holding reported as of June 10, 2026
Custodian-for-children holding
990 shares
Common Stock held as custodian for children, indirect
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
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Norwood Financial (NWFL) director Meg Hungerford report in this Form 4 filing?
Director Meg L. Hungerford reported a compensation-related stock award, not an open-market trade. She received 45 shares of Norwood Financial common stock as director retainer shares, along with updates to various indirect restricted stock and custodian-for-children holdings.
What are Meg Hungerford’s direct holdings after this Norwood Financial stock award?
After the 45-share award, Meg Hungerford directly holds 6,288 shares of Norwood Financial common stock. The Form 4 records this updated balance, reflecting shares received as part of her compensation as a director rather than through market purchases.
What indirect Norwood Financial holdings did Meg Hungerford report on this Form 4?
The filing lists several indirect positions labeled as restricted stock and custodian-for-children holdings in Norwood Financial common stock. Balances reported include 825, 82, 550, 420, 280, and 40 restricted shares, plus 990 shares held as custodian for children, all shown as holdings.
What is the 2024 Equity Incentive Plan mentioned in Meg Hungerford’s Norwood Financial Form 4?
The 2024 Equity Incentive Plan is the program under which Meg Hungerford’s director retainer shares were issued. Footnotes state that these awards are equity compensation that vest over time, tied to continued service as an employee, outside director, or director emeritus.
How do the vesting schedules work for Meg Hungerford’s Norwood Financial awards?
Footnotes describe multiple awards vesting in equal installments over three or five years. Vesting begins on specific December dates from 2022 through 2026 and continues annually, conditioned on ongoing service as an employee, outside director, or director emeritus of Norwood Financial.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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