Andrew Forte - 29 Jul 2025 Form 4 Insider Report for NORWOOD FINANCIAL CORP (NWFL)

Role: Director
Signature: /s/Andrew Forte by John M. McCaffery, Attorney-in-Fact
Issuer symbol: NWFL
Transactions as of: 29 Jul 2025
Net transactions value: +$9,826
Form type: 4
Filing time: 31 Jul 2025, 11:59:39 UTC
Previous filing: 29 Apr 2025
Next filing: 18 Dec 2025
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
FORTE ANDREW	Director	717 MAIN STREET, HONESDALE	/s/Andrew Forte by John M. McCaffery, Attorney-in-Fact	31 Jul 2025	0001400587

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	NWFL	Common Stock	Purchase	$9,826	+400	+5.6%	$24.57	7,544	29 Jul 2025	Forte, Inc.
holding	NWFL	Common Stock						9,841	29 Jul 2025	Direct
holding	NWFL	Common Stock						6,405	29 Jul 2025	IRA
holding	NWFL	Common Stock						140	29 Jul 2025	Restricted Stock	F1
holding	NWFL	Common Stock						80	29 Jul 2025	Restricted Stock	F2
holding	NWFL	Common Stock						420	29 Jul 2025	Restricted Stock	F3
holding	NWFL	Common Stock						560	29 Jul 2025	Restricted Stock	F4
holding	NWFL	Common Stock						825	29 Jul 2025	Restricted Stock	F5
holding	NWFL	Common Stock						122	29 Jul 2025	Restricted Stock	F6

* 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 8, 2021 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 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, 2025 and annually thereafter during such periods of continued service as an Employee, Outside Director or Director Emeritus, as applicable.