FORTE ANDREW 4

What Happened
Andrew Forte, a director of Norwood Financial Corp (NWFL), was issued 57 shares on March 11, 2026 as an award/retainer. The shares were valued at $29.40 each for a total notional value of $1,676. This was an equity grant (director retainer), a form of compensation rather than an open-market purchase or sale.

Key Details

• Transaction date: March 11, 2026; Form 4 filed March 13, 2026 (two days after the reported transaction).
• Instrument/Action: Award/Acquisition (code A) — 57 shares at $29.40 per share; total value $1,676.
• Shares owned after transaction: Not specified in the filing.
• Footnotes: F1 indicates these are Director Retainer Shares issued under the 2024 Equity Incentive Plan. Additional footnotes (F2–F6) in the filing describe various vesting schedules for awards; check the filing for which vesting terms apply to this grant.
• No indication in the filing that this was a sale, gift, or option exercise.

Context
This is a routine director retainer equity grant, commonly used to compensate board members and align their interests with shareholders. Such awards are standard corporate compensation and do not by themselves indicate insider buying or selling sentiment.