John F. Carmody - Dec 26, 2023 Form 4 Insider Report for NORWOOD FINANCIAL CORP (NWFL)

Role
EVP & Chief Credit Officer
Signature
/s/John F. Carmody, by William S. Lance, Attorney-in-Fact
Stock symbol
NWFL
Transactions as of
Dec 26, 2023
Transactions value $
-$11,477
Form type
4
Date filed
1/3/2024, 10:48 AM
Previous filing
Dec 14, 2023
Next filing
Dec 23, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NWFL Common Stock Tax liability -$11.5K -364 -4.53% $31.53 7.67K Dec 26, 2023 Direct
holding NWFL Common Stock 10.5K Dec 26, 2023 ESOP
holding NWFL Common Stock 250 Dec 26, 2023 Restricted Stock Award F1
holding NWFL Common Stock 500 Dec 26, 2023 Restricted Stock Award F2
holding NWFL Common Stock 900 Dec 26, 2023 Restricted Stock Award F3
holding NWFL Common Stock 1.2K Dec 26, 2023 Restricted Stock Award F4
holding NWFL Common Stock 1.5K Dec 26, 2023 Restricted Stock Award F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

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.

Remarks:

*Tax withholding of a portion of a prior award upon vesting.