FNWB (FNWB) EVP reports 508-share tax-withholding disposition, holds 14,551

Rhea-AI Filing Summary

First Northwest Bancorp executive reports routine tax withholding on shares. EVP and Chief Innovation Officer David Benjamin Edelstein had 508 shares of First Northwest Bancorp Common Stock withheld on a tax-withholding disposition dated 2026-05-07 at $9.97 per share to cover tax obligations.

After this transaction, Edelstein directly holds 14,551 shares of Common Stock. This Form 4 reflects a non-market, administrative share disposition to satisfy taxes rather than an open-market sale, so it mainly updates his reported ownership position.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Edelstein David Benjamin

Role EVP, Chief Innovation Officer

Type	Security	Shares	Price	Value
Tax Withholding	Common Stock	508	$9.97	$5K

Holdings After Transaction: Common Stock — 14,551 shares (Direct, null)

Footnotes (1)

Key Figures

Shares withheld for taxes: 508 shares Price per share: $9.97 per share Shares owned after transaction: 14,551 shares +2 more

5 metrics

Shares withheld for taxes 508 shares Tax-withholding disposition on 2026-05-07

Price per share $9.97 per share Tax-withholding disposition of common stock

Shares owned after transaction 14,551 shares Direct holdings following tax-withholding disposition

Transaction code F Payment of tax liability by delivering securities

Transaction direction dispose Tax-withholding disposition, not an open-market sale

Key Terms

tax-withholding disposition, Form 4, Common Stock, transaction code F

4 terms

tax-withholding disposition financial

"transaction_action: "tax-withholding disposition" for 508 shares"

A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.

Form 4 regulatory

"INSIDER FILING DATA (Form 4) for First Northwest Bancorp"

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

Common Stock financial

"security_title: "Common Stock" reported in the transaction"

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

transaction code F regulatory

"transaction_code: "F" meaning payment of tax liability by delivering securities"

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Edelstein David Benjamin

(Last) (First) (Middle)

105 W 8TH ST

(Street)

PORT ANGELES WASHINGTON 98362

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
First Northwest Bancorp [ FNWB ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP, Chief Innovation Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/07/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	05/07/2026		F		508	D	$9.97	14,551	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

	/s/ Allison R. Mahaney, Attorney-in-Fact for David B. Edelstein	05/08/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did FNWB executive David Benjamin Edelstein report?

David Benjamin Edelstein reported a tax-withholding disposition of 508 shares of First Northwest Bancorp Common Stock. The shares were withheld on May 7, 2026 at $9.97 per share to satisfy tax obligations associated with equity compensation.

Did the FNWB Form 4 show an open-market sale of shares?

No, the Form 4 shows a tax-withholding disposition, not an open-market sale. Shares were withheld by the issuer to pay Edelstein’s tax liability, a common administrative step for equity awards, rather than a discretionary trade in the market.

How many FNWB shares were involved in Edelstein’s tax-withholding transaction?

The transaction involved 508 shares of First Northwest Bancorp Common Stock. These shares were delivered to cover tax obligations at a reported price of $9.97 per share, reducing his share count but without a traditional market sale.

What are David Benjamin Edelstein’s FNWB holdings after this Form 4 transaction?

Following the tax-withholding disposition, Edelstein directly holds 14,551 shares of First Northwest Bancorp Common Stock. This figure represents his updated ownership position after 508 shares were withheld to satisfy tax liabilities on equity compensation.

What does transaction code F mean in the FNWB Form 4 filing?

Transaction code F indicates payment of an exercise price or tax liability by delivering securities. In this FNWB filing, it reflects shares withheld from David Benjamin Edelstein to satisfy tax obligations, rather than a typical buy or sell transaction in the open market.