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Northwest Bancshares corrects insider tax withholding

The amendment corrects the previously reported withholding amount and Gregory J. Betchkal’s share balance after the transactions.

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Form Type
4/A

Rhea-AI Filing Summary

Northwest Bancshares, Inc. (NWBI) Chief Risk Officer Gregory J. Betchkal reported 2,891 shares and 3,351 shares withheld on March 9, 2026, each at $12.28 per share, for tax withholding upon restricted stock unit vesting. The amendment corrects the previously reported withholding amount and share balance. A separate holding entry lists 5,000 shares held indirectly through an IRA.

Insider Betchkal Gregory J.
Role Chief Risk Officer
Type Security Shares Price Value
Tax Withholding Northwest Bancshares, Inc. Common Stock F1, F2 2,891 $12.28 $36K
Tax Withholding Northwest Bancshares, Inc. Common Stock F3, F1 3,351 $12.28 $41K
holding Northwest Bancshares, Inc. Common Stock -- -- --
Holdings After Transaction: Northwest Bancshares, Inc. Common Stock — 81,783.082 shares (Direct); Northwest Bancshares, Inc. Common Stock — 5,000 shares (Indirect, IRA)
Footnotes (3)
  1. F1. Reflects shares withheld to satisfy reporting person's tax withholding obligation upon the vesting of a restricted stock unit.
  2. F2. Represents dividend equivalent rights accrued on RSUs previously granted to the reporting person. Dividend equivalent rights are subject to the same terms and conditions as the underlying RSUs.
  3. F3. The reporting person's Form 4 filed on 3/11/26 incorrectly stated the number of shares withheld to satisfy tax withholding related to the vesting of a restricted stock unit award. This Form 4/A is being filed to amend the 3/11/26 Form 4 to report the correct number of shares withheld to satisfy tax withholding and to correct the reporting person's balance of shares following the transaction.
Shares withheld 2,891 shares Tax withholding upon restricted stock unit vesting on March 9, 2026
Shares withheld 3,351 shares Tax withholding related to restricted stock unit vesting on March 9, 2026
Withholding price per share $12.28 per share Both reported transactions on March 9, 2026
Indirect IRA holdings 5,000 shares Holding entry dated March 9, 2026
restricted stock unit financial
"vesting of a restricted stock unit"
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
dividend equivalent rights financial
"Dividend equivalent rights accrued on RSUs previously granted"
Dividend equivalent rights are promises that mirror the cash payments shareholders get from a company’s profits, but they are paid to holders of certain awards (like stock options or restricted stock units) rather than to actual shares. Think of them as a paycheck top‑up that matches dividends while the award is not yet a real stock, and they matter to investors because they add to employee compensation costs and potential share dilution, affecting company profitability and per‑share value.
tax withholding obligation financial
"satisfy reporting person's tax withholding obligation"

FAQ

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How many NWBI shares did Gregory J. Betchkal have withheld?

Gregory J. Betchkal reported 2,891 shares and 3,351 shares withheld on March 9, 2026, each at $12.28 per share, for tax withholding upon restricted stock unit vesting.

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

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Available on EDGAR Accepted by SEC EDGAR 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*
Betchkal Gregory J.

(Last)(First)(Middle)
3 EASTON OVAL
SUITE 500

(Street)
COLUMBUS OHIO 43219

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Northwest Bancshares, Inc. [ NWBI ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Risk Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
03/09/2026
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)
03/11/2026
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
Northwest Bancshares, Inc. Common Stock03/09/2026F2,891D$12.2885,134.082(1)(2)D
Northwest Bancshares, Inc. Common Stock03/09/2026F3,351(3)D$12.2881,783.082(1)D
Northwest Bancshares, Inc. Common Stock5,000IIRA
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. Reflects shares withheld to satisfy reporting person's tax withholding obligation upon the vesting of a restricted stock unit.
2. Represents dividend equivalent rights accrued on RSUs previously granted to the reporting person. Dividend equivalent rights are subject to the same terms and conditions as the underlying RSUs.
3. The reporting person's Form 4 filed on 3/11/26 incorrectly stated the number of shares withheld to satisfy tax withholding related to the vesting of a restricted stock unit award. This Form 4/A is being filed to amend the 3/11/26 Form 4 to report the correct number of shares withheld to satisfy tax withholding and to correct the reporting person's balance of shares following the transaction.
Remarks:
Gregory J. Betchkal by Douglas M. Schosser, Attorney-in-Fact10/15/2026
** 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)

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