Form 4: Norwood Financial Corp Director Susan Campfield Reports Acquisition of Restricted Stock
SEC Form 4 Filing
Director Susan Campfield reports the acquisition of restricted stock in Norwood Financial Corp on January 21, 2025.
Summary
- On January 21, 2025, Susan Campfield, a director of Norwood Financial Corp, acquired 122 shares of common stock at a price of $26.44 per share.
- These shares were obtained as a restricted stock award.
- Following the transaction, Campfield's beneficially owned securities include 4,700 shares of common stock held directly and various amounts of common stock held indirectly through restricted stock awards that vest over time.
Sentiment
Score: 6
Explanation: Neutral sentiment as it's a standard regulatory filing detailing a stock transaction. The acquisition of shares by a director is generally viewed as a mildly positive signal.
Positives
- The acquisition of restricted stock by a director can be seen as a positive sign, indicating confidence in the company's future performance.
Future Outlook
The document does not contain any specific forward-looking statements regarding the company's future performance.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a director's continued investment in the company.
Stakeholder Impact
- The transaction may have a minor positive impact on shareholder sentiment, as it reflects a director's investment in the company.
Key Dates
| Date | Description |
|---|---|
| 12/08/2021 | First vesting date for one of the restricted stock awards. |
| 12/14/2022 | First vesting date for one of the restricted stock awards. |
| 12/13/2023 | First vesting date for one of the restricted stock awards. |
| 12/12/2024 | First vesting date for one of the restricted stock awards. |
| 01/21/2025 | Date of transaction: Acquisition of 122 shares of common stock at $26.44. |
| 01/22/2025 | Date of signature on the Form 4 filing. |
| 12/15/2025 | First vesting date for two of the restricted stock awards. |
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