[144] First Northwest Bancorp SEC Filing

Rhea-AI Filing Summary

Form 144 notice for FNWB reports a proposed sale of 30,000 shares of the issuer's common stock through Charles Schwab & Co., Inc., with an aggregate market value of $237,300 and an approximate sale date of 08/14/2025. The securities were originally acquired by gift from the issuer at its IPO on 01/29/2015, and the filer shows total acquired securities of 966,360 shares with a payment/transfer date of 12/29/2015 noted as a gift. The filing also discloses a recent sale by First Federal Community Foundation of 3,485 shares on 06/12/2025 for $30,603. The notice contains the standard representation that the seller is not aware of undisclosed material adverse information.

Positive

• Rule 144 notice filed disclosing broker, share count (30,000), and approximate sale date (08/14/2025)
• Acquisition history provided: shares were gifted at IPO (01/29/2015) with transfer date recorded (12/29/2015)
• Recent related sale disclosed: First Federal Community Foundation sold 3,485 shares for $30,603 on 06/12/2025

Negative

• None.

Insights

Financial Analyst

TL;DR: A Rule 144 filing notifies a planned sale of 30,000 FNWB shares valued at $237,300, with prior gift acquisition details disclosed.

The filing is procedural: it identifies the class (common stock), broker (Charles Schwab & Co.), number of shares proposed for sale (30,000), and an approximate sale date (08/14/2025). It also documents that the shares were gifted at the issuer's IPO in 2015, showing 966,360 shares acquired by gift and a payment/transfer date of 12/29/2015. A separate recent sale by First Federal Community Foundation (3,485 shares for $30,603 on 06/12/2025) is disclosed. For investors, the filing provides transparency on potential share supply but contains no operational or financial performance data.

Corporate Governance Expert

TL;DR: Governance disclosure meets Rule 144 reporting requirements; shows gift-origin holdings and a planned brokered sale.

The notice includes the required representation that the seller lacks undisclosed material adverse information and lists broker and sale specifics, indicating compliance with securities transfer disclosure rules. It records the original acquisition as a gift from the issuer at IPO and a prior short-term sale by a named foundation. The document contains no statements about insider relationships or control changes beyond the listed transactions.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common Stock	Charles Schwab & Co., Inc. 3000 Schwab Way Westlake TX 76262	30000	237300.00	9418309	08/14/2025	Nasdaq

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common Stock	01/29/2015	Gifted	Issuer - IPO			966360	12/29/2015	Gift

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
First Federal Community Foundation C/O 105 West 8th Street Port Angeles WA 98362	Common Stock	06/12/2025	3485	30603.00

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does the FNWB Form 144 disclose?

The filing discloses a proposed sale of 30,000 common shares via Charles Schwab valued at $237,300 with an approximate sale date of 08/14/2025.

How were the FNWB shares acquired by the seller?

The shares were gifted from the issuer at the IPO on 01/29/2015, with a recorded transfer/payment date of 12/29/2015.

Has the filer sold FNWB shares recently?

Yes, the filing discloses that First Federal Community Foundation sold 3,485 shares on 06/12/2025 for $30,603.

Which broker is handling the proposed FNWB sale?

The broker listed is Charles Schwab & Co., Inc. located at 3000 Schwab Way, Westlake, TX 76262.

Does the filing state any undisclosed material information about FNWB?

By signing the notice, the seller represents they do not know any material adverse information regarding the issuer that has not been publicly disclosed.