First Northwest EVP uses 171 shares for taxes

First Northwest Bancorp (FNWB) director-level officer Henderson Kyle David, EVP and Chief Credit Officer, reported a Form 4 transaction on September 8, 2026.

Rhea-AI Filing Summary

First Northwest Bancorp (FNWB) director-level officer Henderson Kyle David, EVP and Chief Credit Officer, reported a Form 4 transaction on September 8, 2026. He had 171 shares of common stock delivered or withheld for payment of exercise price or tax liability at $10.88 per share, leaving 20,088 shares held directly. No Rule 10b5-1 trading plan is reported. The reported holdings include several unvested restricted stock grants under the 2020 Equity Incentive Plan with scheduled vesting dates in 2026 and 2027.

Insider Trade Summary

Exercise Price or Tax Liability: 171 shares

Exercise Price or Tax Liability 1 txn

Insider Henderson Kyle David

Role EVP, Chief Credit Officer

Type	Security	Shares	Price	Value
Exercise Price or Tax Liability	Common Stock F1	171	$10.88	$2K

Holdings After Transaction: Common Stock — 20,088 shares (Direct)

Footnotes (1)

1. F1. Includes 2,500 unvested shares of restricted stock granted under the Issuer's 2020 Equity Incentive Plan ("2020 Plan"), which will vest in full on July 7, 2026; 1,922 unvested shares of restricted stock granted under the Issuer's 2020 Plan, one-half of which will vest annually beginning on March 7, 2027; and 4,153 shares of restricted stock granted under the Issuer's 2020 Plan, one-third of which will vest annually beginning on March 7, 2027.

Key Figures

Shares delivered/withheld: 171 shares Transaction price per share: $10.88 per share Shares held after transaction: 20,088 shares +3 more

6 metrics

Shares delivered/withheld 171 shares Common stock used for payment of exercise price or tax liability on September 8, 2026

Transaction price per share $10.88 per share Value assigned to the 171 shares used for payment of exercise price or tax liability

Shares held after transaction 20,088 shares Direct holdings of FNWB common stock following the September 8, 2026 transaction

Unvested restricted stock grant 1 2,500 shares Unvested restricted stock scheduled to vest in full on July 7, 2026 under the 2020 Plan

Unvested restricted stock grant 2 1,922 shares Unvested restricted stock, one-half vesting annually beginning on March 7, 2027

Restricted stock grant 3 4,153 shares Restricted stock, one-third vesting annually beginning on March 7, 2027

Key Terms

restricted stock, 2020 Equity Incentive Plan, vest, Rule 10b5-1 trading plan

4 terms

restricted stock financial

"Includes 2,500 unvested shares of restricted stock granted under the Issuer's 2020 Equity Incentive Plan"

Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.

2020 Equity Incentive Plan financial

"restricted stock granted under the Issuer's 2020 Equity Incentive Plan ("2020 Plan")"

vest financial

"which will vest in full on July 7, 2026; 1,922 unvested shares of restricted stock"

A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.

Rule 10b5-1 trading plan regulatory

"No Rule 10b5-1 trading plan is reported for this transaction"

A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction in FNWB stock did Henderson Kyle David report?

He reported that 171 shares of FNWB common stock were delivered or withheld on September 8, 2026 for payment of exercise price or tax liability at $10.88 per share, as a code F transaction rather than an open-market sale.

How many FNWB shares does Henderson Kyle David hold after this Form 4 transaction?

After the transaction, he holds 20,088 shares of FNWB common stock directly. This total includes both vested shares and several tranches of unvested restricted stock granted under the company’s 2020 Equity Incentive Plan.

Was the FNWB insider transaction made under a Rule 10b5-1 trading plan?

No. The filing indicates that no Rule 10b5-1 trading plan is reported for this transaction, meaning it is not identified as occurring pursuant to a pre-arranged trading plan under Rule 10b5-1.

What restricted stock awards in FNWB does Henderson Kyle David hold?

His holdings include 2,500 unvested shares vesting in full on July 7, 2026, 1,922 unvested shares vesting in two annual installments beginning March 7, 2027, and 4,153 restricted shares vesting in three annual installments beginning the same date.

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

Code F indicates payment of exercise price or tax liability by delivering or withholding securities. In this case, 171 FNWB shares were used for that purpose rather than being sold in an open-market transaction.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 09/10/2026 - 12:40 PM Accepted by SEC EDGAR 09/10/2026 - 12:39 PM Learn about SEC filing dates

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^*

Henderson Kyle David

(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 Credit Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
09/08/2026

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	09/08/2026		F		171	D	$10.88	20,088(1)	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. Includes 2,500 unvested shares of restricted stock granted under the Issuer's 2020 Equity Incentive Plan ("2020 Plan"), which will vest in full on July 7, 2026; 1,922 unvested shares of restricted stock granted under the Issuer's 2020 Plan, one-half of which will vest annually beginning on March 7, 2027; and 4,153 shares of restricted stock granted under the Issuer's 2020 Plan, one-third of which will vest annually beginning on March 7, 2027.

	/s/ Allison R. Mahaney, Attorney-in-Fact for Kyle David Henderson	09/10/2026
	** 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)