WILLIAM S. LANCE - 12 Dec 2023 Form 4 Insider Report for NORWOOD FINANCIAL CORP (NWFL)

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	* Price $	Shares After	Date	Ownership	Footnotes
transaction	NWFL	Common Stock	Award	$44,490	+1,500	$29.66	1,500	12 Dec 2023	Restricted Stock Award	F5
holding	NWFL	Common Stock					10,292	12 Dec 2023	Direct
holding	NWFL	Common Stock					250	12 Dec 2023	Restricted Stock Award	F1
holding	NWFL	Common Stock					500	12 Dec 2023	Restricted Stock Award	F2
holding	NWFL	Common Stock					900	12 Dec 2023	Restricted Stock Award	F3
holding	NWFL	Common Stock					1,200	12 Dec 2023	Restricted Stock Award	F4

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Id	Content
F1	Award vests in five equal installments beginning on December 10, 2020 and annually thereafter during such periods of continued service as an Employee, Outside Director or Director Emeritus, as applicable.
F2	Award vests in five equal installments beginning on December 8, 2021 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 14, 2022 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 13, 2023 and annually thereafter during such periods of continued service as an Employee, Outside Director or Director Emeritus, as applicable.
F5	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.