FMR LLC updates 7.9% First Northwest Bancorp (FNWB) ownership in 13G/A
Filing Impact
Filing Sentiment
Form Type
SCHEDULE 13G/A
Rhea-AI Filing Summary
FMR LLC filed Amendment No. 9 to a Schedule 13G reporting its beneficial ownership in First Northwest Bancorp. FMR LLC reports beneficial ownership of 749,532 shares of common stock, representing 7.9% of the class, with sole voting and dispositive power over these shares.
Abigail P. Johnson is also listed as a reporting person with beneficial ownership of the same 749,532 shares, holding sole dispositive power but no voting power. The securities are certified as being held in the ordinary course of business and not for the purpose of changing or influencing control of the issuer.
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FAQ
What ownership stake in FIRST NORTHWEST BANCORP (FNWB) does FMR LLC report?
FMR LLC reports beneficial ownership of 749,532 shares of First Northwest Bancorp common stock, representing 7.9% of the outstanding class. This level of ownership requires public disclosure on a Schedule 13G under SEC rules for significant shareholders.
Who are the reporting persons in the FNWB Schedule 13G/A filing?
The filing lists FMR LLC and Abigail P. Johnson as reporting persons. FMR LLC has sole voting and dispositive power over the reported shares, while Johnson has sole dispositive power but no voting power over the same 749,532 FNWB common shares.
How much of FNWB’s common stock is beneficially owned according to this Schedule 13G/A?
The Schedule 13G/A states that 749,532 shares of First Northwest Bancorp common stock are beneficially owned, representing 7.9% of the class. This percentage indicates a sizable, but non‑controlling, institutional ownership position in the company.
Does FMR LLC seek to influence control of FIRST NORTHWEST BANCORP (FNWB)?
The certification states the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of First Northwest Bancorp. It also notes they are not held in connection with any control‑related transaction.
What is the significance of Amendment No. 9 to the FNWB Schedule 13G?
Amendment No. 9 updates FMR LLC’s and Abigail P. Johnson’s reported beneficial ownership in First Northwest Bancorp. It confirms a 7.9% stake and reiterates that the holdings are passive, maintained in the ordinary course rather than for control purposes.