James O. Donnelly - 24 Dec 2024 Form 4 Insider Report for NORWOOD FINANCIAL CORP (NWFL)

Role
President & CEO, Director
Signature
/s/ James O. Donnelly by John M. McCaffery Attorne-in-Fact
Issuer symbol
NWFL
Transactions as of
24 Dec 2024
Net transactions value
+$161,402
Form type
4
Filing time
26 Dec 2024, 18:46:01 UTC
Previous filing
13 Feb 2025
Next filing
28 Apr 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NWFL Common Stock Award $161,402 +5,923 $27.25 5,923 24 Dec 2024 Restricted Stock Award F4
holding NWFL Common Stock 4,609 24 Dec 2024 Direct
holding NWFL Common Stock 600 24 Dec 2024 Restricted Stock Award F1
holding NWFL Common Stock 1,500 24 Dec 2024 Restricted Stock Award F2
holding NWFL Common Stock 5,157 24 Dec 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.
F4 Award vests in five 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.