James O. Donnelly - 22 Feb 2024 Form 4 Insider Report for NORWOOD FINANCIAL CORP (NWFL)

Role
President & CEO, Director
Signature
/s/ James O. Donnelly by William S. Lance POA
Issuer symbol
NWFL
Transactions as of
22 Feb 2024
Transactions value $
$5,008
Form type
4
Filing time
23 Feb 2024, 13:47:53 UTC
Previous filing
14 Dec 2023
Next filing
24 Apr 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NWFL Common Stock Purchase $5.01K +193 +4.95% $25.95 4.09K 22 Feb 2024 Direct
holding NWFL Common Stock 900 22 Feb 2024 Restricted Stock Award F1
holding NWFL Common Stock 2K 22 Feb 2024 Restricted Stock Award F2
holding NWFL Common Stock 6.45K 22 Feb 2024 Restricted Stock Award F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Award vests at a rate of 70% as of the one-year anniversary of the date of grant, May 10, 2022, and then at the rate of 10% annually thereafter until such stock award shares are fully earned.
F2 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.
F3 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.