{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-22-187738","form_type":"8-K","ticker":"NWFL","cik":"0001013272","company_name":"NORWOOD FINANCIAL CORP","filed_at":"2022-07-05T23:59:59+00:00","discovered_at":"2026-05-14T18:03:54.589240+00:00","generated_at":"2026-06-24T21:09:57.614735+00:00","sec_items":["5.02","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Chairman Critelli retires as employee; signs consulting deal through Dec 2022 with $20K/mo retainer","bullets":["Consulting agreement effective July 1 to Dec 31, 2022; extends $1,500/mo stipend through restricted period.","Monthly retainer of $20,000 plus $1,500 for insurance and technology costs.","Non-compete covers PA (Lackawanna, Luzerne, Monroe, Pike, Wayne) and NY (Delaware, Sullivan, Ontario, Otsego, Yates) counties.","Critelli continues as director and receives director compensation and retirement benefits."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-22-187738","json":"https://secwatch.observer/filing/0001193125-22-187738.json","markdown":"https://secwatch.observer/filing/0001193125-22-187738.md","text":"https://secwatch.observer/filing/0001193125-22-187738.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1013272/000119312522187738/0001193125-22-187738-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1013272/000119312522187738/d368337d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-24T21:09:57.614735+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"6d89074359","claim":"Lewis J. Critelli retired as Chairman of the Board of Directors at NORWOOD FINANCIAL CORP.","evidence_excerpt":"As of June 30, 2022, Mr. Critelli retired as an employee of the Company and Wayne Bank, the Company’s wholly-owned subsidiary (the “Bank”).","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1013272/000119312522187738/0001193125-22-187738-index.htm","confidence":1.0,"family_label":"Executive change","details":[{"label":"Action","value":"retired"},{"label":"Role","value":"Chairman of the Board of Directors"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}