NORWOOD FINANCIAL CORP 10-Q

Item 2. Unregistered Sales of Equity Sales and Use of Proceeds (a) Unregistered Sales of Equity Securities . Not Applicable. (b) Use of Proceeds . Not Applicable (c) Issuer Purchases of Equity Securities . Set forth below is information regarding the Company’s stock repurchases during the quarter ended March 31, 2022. Issuer Purchases of Equity Securities Maximum Number Total Number of (or Approximate Total Shares (or Units) Dollar Value) of Shares Number Average Purchased as Part of (or Units) of Shares Price Paid Publicly that May Yet Be (or Units) Per Share Announced Plans Purchased Under the Purchased (or Unit) or Programs * Plans or Programs January 1 – 31, 2022 — $ — — 477,714 February 1 – 28, 2022 — — — 477,714 March 1 – 31, 2022 — — — 477,714 Total — $ — — 477,714 * On March 30, 2021, the Company announced a share repurchase program for up to approximately 5% of the Company’s outstanding shares of common stock, or approximately 400,000 shares, in the open market, in accordance with all applicable securities laws and regulations, including Rule 10b-18 of the Securities Exchange Act of 1934, as amended. On March 19, 2008, the Company announced its intention to repurchase up to 5% of its outstanding common stock (approximately 226,050 split-adjusted shares) in the open market. On November 10, 2011, the Company announced that it had increased the number of shares which may be repurchased under its open-market program to 5% of its currently outstanding shares, or approximately 270,600 split-adjusted shares. Both share repurchase programs are currently in effect. Item 3. Defaults Upon Senior Securities Not applicable Item 4. Mine Safety Disclosures Not applicable