Form 4: Norwood Financial Corp Director Alexandra K. Nolan Reports Share Acquisition
SEC Form 4 Filing
Director Alexandra K. Nolan of Norwood Financial Corp reported the acquisition of 122 shares of common stock on January 21, 2025, at a price of $26.44 per share.
Summary
- Alexandra K. Nolan, a director at Norwood Financial Corp, acquired 122 shares of common stock on January 21, 2025.
- The shares were acquired at a price of $26.44 each.
- Following the transaction, Ms. Nolan's total holdings include 1,319 shares held directly, 217,077 shares held indirectly through the Michael C. Nolan Trust, and 65,306 shares held indirectly through the Alexandra K. Nolan Trust.
- She also holds various restricted stock awards that vest over time.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing and does not indicate any positive or negative sentiment. It is a neutral transaction.
Industry Context
This is a standard SEC Form 4 filing, which is common for corporate insiders reporting changes in their beneficial ownership of company stock. It is a routine disclosure and does not indicate any specific industry trend.
Comparison to Industry Standards
- Form 4 filings are a standard practice for all publicly traded companies in the US.
- The reporting of stock acquisitions by directors is a common occurrence and is not unique to Norwood Financial Corp.
- The vesting schedules for restricted stock awards are typical for executive compensation packages.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a routine disclosure of a director's stock acquisition.
Key Dates
| Date | Description |
|---|---|
| 01/21/2025 | Date of the reported stock acquisition. |
| 01/22/2025 | Date of signature on the form. |
Keywords
Form 4, Beneficial Ownership, Director, Stock Acquisition, Norwood Financial Corp, NWFL, Alexandra K. Nolan, Restricted Stock
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