Form 4: Norwood Financial Corp Director Andrew Forte Trades Shares
Insider Transaction Report
Andrew Forte, a Director at Norwood Financial Corp (NWFL), reported a transaction involving the acquisition of 55 shares of common stock on April 10, 2026.
Summary
- Director Andrew Forte of Norwood Financial Corp (NWFL) acquired 55 shares of common stock on April 10, 2026, at a price of $30.39 per share.
- Following this transaction, Forte beneficially owns 12,117 shares directly.
- Additionally, he holds indirect beneficial ownership of various other share classes, including IRA Common Stock (7,944 shares), shares held by Forte, Inc. (40 shares), and multiple tranches of Restricted Stock (280, 420, 550, 825, and 82 shares).
- The acquired shares are described as Director Retainer Shares issued under the 2024 Equity Incentive Plan.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral filing, as it represents a routine insider transaction related to director compensation and does not inherently signal positive or negative performance.
Positives
- Director Andrew Forte acquired additional shares, indicating continued investment or compensation in the company.
- The acquisition of 55 shares at $30.39 per share suggests a stable or positive valuation at the time of the transaction.
Future Outlook
The filing does not contain forward-looking statements or guidance.
Industry Context
StockSavvy.ai notes that Form 4 filings are standard disclosures for insider transactions and reflect individual investment decisions or compensation structures within the financial services sector.
Key Dates
| Date | Description |
|---|---|
| 04/10/2026 | Transaction Date for acquisition of 55 shares of Common Stock. |
| 04/14/2026 | Date of signature for the filing. |
Keywords
Form 4, SEC Filing, Norwood Financial Corp, NWFL, Andrew Forte, Director, Common Stock, Beneficial Ownership, Equity Incentive Plan
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