Cindy H. Finnie awarded 2,533 FNWB shares under 2020 equity plan

Rhea-AI Filing Summary

Finnie Cindy H. reported acquisition or exercise transactions in this Form 4 filing.

First Northwest Bancorp director Cindy H. Finnie received an equity award of 2,533 shares of common stock on March 7, 2026. The award was granted at $9.18 per share as restricted stock under the company’s 2020 Equity Incentive Plan and will vest in full on March 7, 2027.

After this grant, Finnie directly holds 41,881 common shares, including 6,715 shares in her IRA and the 2,533 unvested restricted shares scheduled to vest in 2027.

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

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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^*

Finnie Cindy H.

(Last) (First) (Middle)

105 WEST 8TH STREET

(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	41,881(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 restricted stock under the Issuer's 2020 Equity Incentive Plan ("2020 Plan"), which will vest in full on March 7, 2027.

2. Includes 6,715 shares held in reporting person's IRA account and 2,533 unvested shares of restricted stock granted under the Issuer's 2020 Plan, which will vest in full on March 7, 2027.

	/s/ Allison R. Mahaney, Attorney-in-Fact for Cindy H. Finnie	03/09/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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FAQ

What insider transaction did FNWB director Cindy H. Finnie report?

Cindy H. Finnie reported receiving a grant of 2,533 shares of First Northwest Bancorp common stock. The award is restricted stock under the 2020 Equity Incentive Plan, granted at $9.18 per share, and represents an equity-based compensation award rather than an open-market purchase.

When do Cindy H. Finnie’s new FNWB restricted shares vest?

The 2,533 restricted shares granted to Cindy H. Finnie will vest in full on March 7, 2027. Until vesting, they remain subject to plan restrictions, but are part of her reported holdings under First Northwest Bancorp’s 2020 Equity Incentive Plan.

How many First Northwest Bancorp shares does Cindy H. Finnie hold after this award?

After the restricted stock grant, Cindy H. Finnie holds 41,881 shares of First Northwest Bancorp common stock. This total includes 6,715 shares in her IRA and the 2,533 unvested restricted shares scheduled to vest on March 7, 2027.

Was Cindy H. Finnie’s FNWB transaction a purchase or a stock award?

The transaction was a stock award, not an open-market purchase. It is classified as a grant or other acquisition of 2,533 restricted shares under First Northwest Bancorp’s 2020 Equity Incentive Plan, with a reference price of $9.18 per share.

Under which plan did Cindy H. Finnie receive her FNWB restricted stock?

Cindy H. Finnie received the 2,533 restricted shares under First Northwest Bancorp’s 2020 Equity Incentive Plan. The footnotes specify this plan as the source of the award and confirm that the shares vest in full on March 7, 2027.