[Form 4] First Northwest Bancorp Insider Trading Activity

Rhea-AI Filing Summary

Bartee Johanna A reported acquisition or exercise transactions in this Form 4 filing.

First Northwest Bancorp director Johanna A. Bartee received an equity grant of company stock. She was awarded 2,533 shares of common stock as restricted stock under the 2020 Equity Incentive Plan at a reference price of $9.18 per share.

The 2,533 restricted shares will vest in full on March 7, 2027. After this award, Bartee now directly holds 9,608 shares of common stock, including 2,533 unvested shares vesting on March 7, 2027 and 3,181 additional unvested restricted shares, half of which begin vesting on March 7, 2027.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Bartee Johanna A

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	2,533	$9.18	$23K

Holdings After Transaction: Common Stock — 9,608 shares (Direct)

Footnotes (1)

1. Represents an award of shares of restricted stock under the Issuer's 2020 Equity Incentive Plan ("2020 Plan"), which will vest in full on March 7, 2027. Includes 2,533 unvested shares of restricted stock granted under the Issuer's 2020 Equity Incentive Plan ("2020 Plan"), which will vest in full on March 7, 2027; and 3,181 unvested shares of restricted stock granted under the Issuer's 2020 Plan, half of which will vest beginning on March 7, 2027.

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^*

Bartee Johanna A

(Last) (First) (Middle)

105 W 8TH ST

(Street)

PORT ANGELES WA 98362

(City) (State) (Zip)

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

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

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
03/07/2026

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

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

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

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	03/07/2026		A		2,533(1)	A	$9.18	9,608(2)	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:

1. Represents an award of shares of restricted stock under the Issuer's 2020 Equity Incentive Plan ("2020 Plan"), which will vest in full on March 7, 2027.

2. Includes 2,533 unvested shares of restricted stock granted under the Issuer's 2020 Equity Incentive Plan ("2020 Plan"), which will vest in full on March 7, 2027; and 3,181 unvested shares of restricted stock granted under the Issuer's 2020 Plan, half of which will vest beginning on March 7, 2027.

	/s/ Allison R. Mahaney, Attorney-in-Fact for Johanna A. Bartee	03/09/2026
	** 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.

FAQ

What insider transaction did FNWB director Johanna A. Bartee report?

Johanna A. Bartee reported receiving 2,533 shares of restricted common stock in First Northwest Bancorp as an equity award. The grant was made under the company’s 2020 Equity Incentive Plan and reflects compensation in stock rather than an open-market purchase.

At what price was Johanna A. Bartee’s FNWB restricted stock award valued?

The 2,533-share restricted stock award to Johanna A. Bartee was valued at $9.18 per share. This price is disclosed as the transaction price per share for the common stock granted as part of the company’s 2020 Equity Incentive Plan compensation.

When will Johanna A. Bartee’s new FNWB restricted shares vest?

The 2,533 restricted shares granted to Johanna A. Bartee will vest in full on March 7, 2027. Vesting means she will fully own the shares at that date, assuming she continues to meet plan and service conditions under the 2020 Equity Incentive Plan.

How many FNWB shares does Johanna A. Bartee own after this award?

After the restricted stock grant, Johanna A. Bartee directly holds 9,608 shares of First Northwest Bancorp common stock. This total includes 2,533 unvested shares vesting on March 7, 2027 and 3,181 additional unvested restricted shares with vesting beginning March 7, 2027.

What other unvested FNWB restricted stock does Johanna A. Bartee hold?

Beyond the 2,533 newly granted restricted shares, Johanna A. Bartee also holds 3,181 unvested restricted shares. Under the 2020 Equity Incentive Plan, half of these 3,181 shares are scheduled to begin vesting on March 7, 2027, subject to plan conditions.

Is Johanna A. Bartee’s FNWB transaction a purchase or an award?

Johanna A. Bartee’s FNWB transaction is an award, not a market purchase. It is classified as a grant or other acquisition of 2,533 restricted shares under the 2020 Equity Incentive Plan, reflecting stock-based compensation rather than the director buying shares in the open market.