STOCK TITAN

First Northwest Bancorp (FNWB) director sale leaves 115K-share stake

(Moderate)
(Negative)
Form Type
4

Rhea-AI Filing Summary

First Northwest Bancorp (FNWB) director Dana D. Behar reported selling 25,000 shares of Common Stockweighted average price of $11.5101115,219 shares2,533 unvested restricted shares

Positive

  • None.

Negative

  • None.
Insider Behar Dana D.
Role Director
Sold 25,000 shs ($288K)
Type Security Shares Price Value
Sale Common Stock F1, F2, F3 25,000 $11.51 $288K
Holdings After Transaction: Common Stock — 115,219 shares (Direct)
Footnotes (3)
  1. F1. These shares were sold in multiple transactions ranging from $11.51 to $11.54 per share on the reported date resulting in a weighted average price of $11.5101. Upon request, the reporting person will provide to the Commission staff or a security holder of the Issuer the number of shares sold and sale price for each separate transaction.
  2. F2. Sale made in order to rescind effect of previous purchases in reporting person's IRA account.
  3. F3. Includes 19,852 shares owned jointly with spouse; 75,000 shares held in an IRA account; and 2,533 unvested shares of restricted stock granted under the Issuer's 2020 Equity Incentive Plan, which will vest in full on March 7, 2027.
Shares sold 25,000 shares Common Stock sold by director Dana D. Behar on August 14, 2026
Weighted average sale price $11.5101 per share Weighted average price for the 25,000 shares sold in multiple transactions
Sale price range $11.51 to $11.54 per share Price range of individual trades on the sale date
Shares owned after transaction 115,219 shares Total FNWB shares directly owned by Behar following the sale
Jointly owned shares 19,852 shares Shares owned jointly with spouse included in total post-transaction holdings
IRA shares 75,000 shares Shares held in an IRA account included in post-transaction holdings
Unvested restricted stock 2,533 shares Unvested restricted shares under 2020 Equity Incentive Plan vesting March 7, 2027
weighted average price financial
"shares were sold in multiple transactions ranging from $11.51 to $11.54 per share resulting in a weighted average price"
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
restricted stock financial
"2,533 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.
Equity Incentive Plan financial
"restricted stock granted under the Issuer's 2020 Equity Incentive Plan, which will vest in full"
An equity incentive plan is a program that gives employees, executives or directors the right to receive company stock or options to buy stock as part of their pay. Think of it as offering slices of future company profit to motivate people to boost long‑term performance; for investors it matters because it can align employee goals with shareholder value but also increases the number of shares outstanding, which can dilute existing ownership.
IRA account financial
"Sale made in order to rescind effect of previous purchases in reporting person's IRA account"

FAQ

What insider transaction did FNWB director Dana D. Behar report?

Dana D. Behar reported a sale of 25,000 FNWB common shares$11.51 and $11.54$11.5101

At what price were the FNWB shares sold by Dana D. Behar?

The 25,000 FNWB shares were sold at a weighted average price of $11.5101$11.51 to $11.54

Why did Dana D. Behar sell FNWB shares according to the Form 4?

The filing states the sale was made to rescind the effect of previous purchases25,000-share

How many FNWB shares does Dana D. Behar hold after this transaction?

After the reported sale, Behar directly holds 115,219 FNWB shares75,000 shares2,533 unvested restricted shares

What unvested FNWB equity does Dana D. Behar still have outstanding?

Behar holds 2,533 unvested shares of restricted stockvest in full on March 7, 2027

Were the FNWB insider sales made under a Rule 10b5-1 trading plan?

The filing’s Rule 10b5-1 checkbox is not marked as affirmative

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

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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED 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*
Behar Dana D.

(Last)(First)(Middle)
105 WEST 8TH STREET

(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)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/14/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock08/14/2026S25,000(1)D(2)$11.51115,219(3)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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. These shares were sold in multiple transactions ranging from $11.51 to $11.54 per share on the reported date resulting in a weighted average price of $11.5101. Upon request, the reporting person will provide to the Commission staff or a security holder of the Issuer the number of shares sold and sale price for each separate transaction.
2. Sale made in order to rescind effect of previous purchases in reporting person's IRA account.
3. Includes 19,852 shares owned jointly with spouse; 75,000 shares held in an IRA account; and 2,533 unvested shares of restricted stock granted under the Issuer's 2020 Equity Incentive Plan, which will vest in full on March 7, 2027.
/s/ Allison R. Mahaney, Attorney-in-Fact for Dana D. Behar08/18/2026
** Signature of Reporting PersonDate
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)